Financial Systems Analyst

About Us

Founded in 2017, Coalition is on a mission to solve cyber risk and create a safer digital economy where everyone can thrive. Digital risk is now a part of every business and it's no longer solely the domain of technical teams. That's why we combined comprehensive insurance with proactive cybersecurity tools to help organizations stay resilient to digital risks like cyber attacks, funds transfer fraud and much more.

Our team works collaboratively across North America and Europe to prevent security failures and provide both technical and financial help when incidents do occur. Today, Coalition is the world's largest commercial insurtech serving over 130,000 customers including many small businesses that rely on Coalition to help them chart a path forward in the new digital world.

As of September 2021, Coalition has raised $520 million from leading global technology investors as well as highly-regarded institutional investors including: Index Ventures, Ribbit Capital, Valor Ventures, Durable Capital, T. Rowe Price Advisors, and Whale Rock Capital, valuing the company at more than $3.5 billion.

Coalition has experienced tremendous growth by helping organizations of all sizes solve real-world problems and by remaining true to our founding values of character, humility, responsibility, authenticity and diversity. That's why we are proud to be named one of Inc's Best Places to Work in 2021.

About The Role

The Financial Systems Analyst will be responsible for the day-to-day accounting operations and financial reporting for all of our insurance activity. This role is on the Finance team and works closely with Customer Success, Engineering, and Product teams to ensure policy data is complete, accurate, and timely. Success in this role requires collaboration and communication along with the ability to navigate monthly close activities. All while keeping a keen eye on efficiency improvement and developing and maintaining key controls.

This is a fully remote position that can be based anywhere in the U.S.

Responsibilities

• Accurate and timely Bordereau and Account Currents/data feed submissions to carrier partners and other internal and external stakeholders
• Reconcile data between internal systems: Netsuite, Internal Platform, Looker, Salesforce, etc.
• Identify and resolve discrepancies on a daily basis
• Create remittance reporting for distribution and internal processing
• Manage the Carrier discrepancy log, including researching, following up, organizing, and communication to successful and timely resolution of issues
• Process necessary edits in client documentation in NetSuite, such as policy adjustments/edits, endorsements, cancellations, etc.
• Assist in Notice of Cancellations and related collections efforts
• Collaborate with Finance and other leadership on other ad hoc insurance specific reporting

Additional Contributions

• Drive efficiency improvement while managing the month-end close and financial reporting for the account current transactions
• Develop and implement key controls around the data integration among various internal systems
• Support the audit of the consolidated and insurance specific financial data/statements
• Contribute on critical finance team projects, including the design and implementation of key finance systems, global close efficiency and management reporting
• Review reinsurance contracts/agreements and apply parameters to accounting of transactions; ensure all recorded transactions are in-line with the reinsurance contract
• Communicate with Brokers and Agencies as necessary

Skills and Qualifications

• 2-3 years of accounting knowledge within the order to cash process
• Netsuite experience required
• Insurance industry knowledge preferred
• Bachelor's degree
• Proficient with excel and google drive
• Highly organized and able to prioritize multiple tasks
• Comfortable in a quickly changing and dynamic environment
• Take pride in delivering high-quality client service outcomes and satisfaction
• Self-confident with strong written and verbal communication skills
• Ability to work in fast-paced, high transaction volume environments
• Self-motivated, highly organized, positive, and able to focus on delivering high-quality and timely results for projects and assignments

Why Coalition?

Coalition's culture is one that strongly values humility, authenticity, and diversity. We want to work with people of different backgrounds and different paths in life, and we trust our team members to take responsibility, share ownership and work for one another. We are always looking for collaborative, inquisitive and dedicated individuals to join our team.

Recent press releases:

Coalition Closes $205 Million Series E, Valuing the Cyber Insurance Provider At More Than $3.5 Billion

Coalition is proud to be an Equal Opportunity and Affirmative Action employer. We do not discriminate based upon race, religion, color, national origin, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender, gender identity, gender expression, transgender status, sexual stereotypes, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.

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