Senior Accountant

Arbol is a global climate risk coverage platform and FinTech company offering full-service solutions for any business looking to analyze and mitigate exposure to climate risk. Arbol's products offer parametric coverage which pays out based on objective data  triggers rather than subjective assessment of loss. Arbol's key differentiator versus traditional InsurTech or climate analytics platforms is the complete ecosystem it has built to address climate risk. This ecosystem includes a massive climate data infrastructure, scalable product development, automated, instant pricing using an artificial intelligence underwriter, blockchain-powered operational efficiencies, and non-traditional risk capacity bringing capital from non-insurance sources. By combining all these factors, Arbol brings scale, transparency, and efficiency to parametric coverage.

The Senior Accountant / Director of Accounting, reporting to the Chief Financial Officer, will serve as the technical accounting leader for the company. This role is responsible for providing expert guidance on U.S. Statutory Accounting Principles (SSAP), U.S. GAAP, and other applicable insurance accounting frameworks. The role will lead the preparation and submission of statutory financial statements for P&C entities, ensuring full compliance with NAIC guidelines and state insurance regulations. This role requires a seasoned professional with hands-on experience in P&C-specific schedules, loss reserve analysis, and reinsurance accounting.

The ideal candidate for this role has extensive statutory accounting experience, deep expertise in the insurance and reinsurance industry, and a proven track record of developing, implementing and improving processes in insurance and startup environments. 

• Prepare and file quarterly and annual STAT reports for P&C entities, including the various Schedules
• Reconcile and explain GAAP vs. STAT differences, particularly in areas like loss reserves and premium recognition
• Manage risk-based capital (RBC) calculations, asset admissibility, and premium deficiency testing
• Oversee reinsurance accounting, including ceded/assumed premiums and recoverablesSupport loss reserve development, including IBNR estimation and actuarial collaboration
• Respond to state inquiries and assist with regulatory examinations and audits
• Analyze underwriting results and trends impacting statutory profitability
• Mentor junior staff and contribute to process improvements and automation initiatives

• Bachelor's degree in Accounting (CPA preferred)
• Minimum 5 years of accounting experience, with at least 3 years in P&C STAT reporting
• Strong understanding of NAIC statutory accounting principles and P&C insurance operations
• Experience with ERP accounting systems such as NetSuite, SageIntact or Sage
• Familiarity with loss reserve methodologies, Schedule P reporting, and reinsurance

Candidates for this role must be located in the United States.

Interested, but you don't meet every qualification? Please apply

Arbol values the perspectives and experience of candidates with non-traditional backgrounds and we encourage you to apply even if you do not meet every requirement.

Accessibility

Arbol is committed to accessibility and inclusivity in the hiring process. As part of this commitment, we strive to provide reasonable accommodations for persons with disabilities to enable them to access the hiring process. If you require an accommodation to apply or interview, please contact

Benefits

Arbol is proud to offer its full-time employees competitive compensation and equity in a high-growth startup.  Our health benefits include comprehensive health, dental, and vision coverage, and an optional flexible spending account (FSA) to support your health.  We offer a 401(k) match to support your future, and flexible PTO for you to relax and recharge.