The Staff Accountant will manage accounting operations, assist in financial reporting, ensure compliance, and collaborate on budgeting and planning.
WHO WE ARE
We are PEAK6, a leading investment firm, using technology to find a better way of doing things. The company's first tech-based solution was developed in 1997 to optimize options trading, and over the past two decades, the same formula has been used across a range of industries, asset classes, and business stages to consistently deliver superior results. Today, PEAK6 seeks transformational opportunities to provide capital and strategic support to entrepreneurs and forward-thinking businesses. PEAK6's core brands include PEAK6 Capital Management, PEAK6 Strategic Capital, Apex Fintech Solutions, FOCUS, We Insure, Evil Geniuses, Poker Power, Zogo, and Bruce Markets.
ABOUT THIS ROLE
The Firm
PEAK6 was brought to life by the idea that success is driven by technology and a strong collaborative process. The passion for that idea powers our firm still, 30 plus years later. This has extended to our insurance subsidiaries, including FOCUS.
FOCUS provides cloud-based, core administration solutions (FOCUS Tech) and services (FOCUS Insurance Services) for P&C insurance companies and MGAs. Using decades of industry experience, FOCUS is taking the risk out of insurtech for small, mid-size, and growth-focused insurance organizations.
When you join FOCUS, you immediately become one of our most valued components - and we're committed to investing in you. That means you can look beyond the paycheck and excellent benefits to an environment that will help you grow and achieve your professional goals through development and advancement opportunities and the support of our outstanding leaders and teammates.
Position Objective
We are seeking a detail-oriented Staff Accountant at FOCUS to perform core accounting operations at our insurance services company. This role will perform day-to-day accounting activities, support timely financial reporting, and improve decision making in a vision driven and growing organization. Working in the Finance team at FOCUS means that you'll always be presented with a variety of new possibilities as you continue to enhance your skills within the Insurance space. The ideal candidate brings a strong understanding of the insurance industry's financial regulations, and the ability to contribute within a small team. This position will report to the manager of accounting and is a hybrid role at our office in Chicago.
What You'll Do:
Financial Reporting: Drive month-end close processes like posting journal entries, reconciling balance sheet accounts, preparing monthly financial statements, and other accounting/finance responsibilities. Interpret complex financial information and provide updates, including variance analysis, and identifying trends
Core Accounting: Contribute general ledger maintenance including, but not limited to, trial balance, accounts payable, accounts receivable, accruals, pricing, and fixed assets. Review, investigate and correct errors and inconsistencies in financial entries, documents and reports. Lead reconciliations of key accounts, including premiums, claims reserves, reinsurance, and investments. Submit vendor bills and expenses, as well as perform AR invoicing.
Audit & Compliance: Assist in the annual audit including contribution of PBC items, support for audit samples, timely response to testing questions, and preparation of various footnote schedules within the audited financial statements. Work with the compliance department to complete periodic state and federal filings.
Business Partnership: Collaborate closely with FP&A, and financial operations teams to continuously improve workflow. Have a "Hands on" mentality with the ability to work both independently and collaboratively with FOCUS' internal departments and PEAK6 Finance on their ad-hoc projects.
Automation and Controls: Proactively identify opportunities to drive efficiencies, improve internal controls, and play a key role in the development of cross-business standardization and implementation of accounting processes and automation platforms across FOCUS and PEAK6. Contribute to the enhancement of allocation methodologies.
Strategy and Planning. Support initiatives of FP&A Manager, Director of Finance, and senior management. Assist with budgeting, forecasting, operating plans and long-term strategic forecasts. Act as a liaison between accounting and other departments to ensure alignment of goals, and consistency in processes.
Essential:
Nice to have:
OUR REWARDS
We offer a robust package of employee perks and benefits, including healthcare benefits (medical, dental and vision, EAP), competitive PTO, 401k match, parental leave, and HSA contribution match. We also provide our employees with a paid subscription to the Calm app and offer generous external learning and tuition reimbursement benefits. As a hybrid workforce, we offer our employees the ability to work remotely up to two days a week.
PEAK6 is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex (including pregnancy, sexual orientation, and gender identity), national origin, age, disability, veteran status, marital status, or any other protected characteristic. Our hiring practices ensure that all qualified applicants receive fair consideration without regard to these characteristics.
PEAK6 is committed to creating an inclusive and accessible workplace for all candidates, including those with disabilities. We are dedicated to ensuring equal employment opportunities and providing reasonable accommodations to qualified individuals with disabilities. If you require reasonable accommodations to participate in the application or interview process, please contact our HR department at [email protected]. We will work with you to provide the necessary accommodations to ensure your full participation in our hiring process.
#PEAK6
We are PEAK6, a leading investment firm, using technology to find a better way of doing things. The company's first tech-based solution was developed in 1997 to optimize options trading, and over the past two decades, the same formula has been used across a range of industries, asset classes, and business stages to consistently deliver superior results. Today, PEAK6 seeks transformational opportunities to provide capital and strategic support to entrepreneurs and forward-thinking businesses. PEAK6's core brands include PEAK6 Capital Management, PEAK6 Strategic Capital, Apex Fintech Solutions, FOCUS, We Insure, Evil Geniuses, Poker Power, Zogo, and Bruce Markets.
ABOUT THIS ROLE
The Firm
PEAK6 was brought to life by the idea that success is driven by technology and a strong collaborative process. The passion for that idea powers our firm still, 30 plus years later. This has extended to our insurance subsidiaries, including FOCUS.
FOCUS provides cloud-based, core administration solutions (FOCUS Tech) and services (FOCUS Insurance Services) for P&C insurance companies and MGAs. Using decades of industry experience, FOCUS is taking the risk out of insurtech for small, mid-size, and growth-focused insurance organizations.
When you join FOCUS, you immediately become one of our most valued components - and we're committed to investing in you. That means you can look beyond the paycheck and excellent benefits to an environment that will help you grow and achieve your professional goals through development and advancement opportunities and the support of our outstanding leaders and teammates.
Position Objective
We are seeking a detail-oriented Staff Accountant at FOCUS to perform core accounting operations at our insurance services company. This role will perform day-to-day accounting activities, support timely financial reporting, and improve decision making in a vision driven and growing organization. Working in the Finance team at FOCUS means that you'll always be presented with a variety of new possibilities as you continue to enhance your skills within the Insurance space. The ideal candidate brings a strong understanding of the insurance industry's financial regulations, and the ability to contribute within a small team. This position will report to the manager of accounting and is a hybrid role at our office in Chicago.
What You'll Do:
Financial Reporting: Drive month-end close processes like posting journal entries, reconciling balance sheet accounts, preparing monthly financial statements, and other accounting/finance responsibilities. Interpret complex financial information and provide updates, including variance analysis, and identifying trends
Core Accounting: Contribute general ledger maintenance including, but not limited to, trial balance, accounts payable, accounts receivable, accruals, pricing, and fixed assets. Review, investigate and correct errors and inconsistencies in financial entries, documents and reports. Lead reconciliations of key accounts, including premiums, claims reserves, reinsurance, and investments. Submit vendor bills and expenses, as well as perform AR invoicing.
Audit & Compliance: Assist in the annual audit including contribution of PBC items, support for audit samples, timely response to testing questions, and preparation of various footnote schedules within the audited financial statements. Work with the compliance department to complete periodic state and federal filings.
Business Partnership: Collaborate closely with FP&A, and financial operations teams to continuously improve workflow. Have a "Hands on" mentality with the ability to work both independently and collaboratively with FOCUS' internal departments and PEAK6 Finance on their ad-hoc projects.
Automation and Controls: Proactively identify opportunities to drive efficiencies, improve internal controls, and play a key role in the development of cross-business standardization and implementation of accounting processes and automation platforms across FOCUS and PEAK6. Contribute to the enhancement of allocation methodologies.
Strategy and Planning. Support initiatives of FP&A Manager, Director of Finance, and senior management. Assist with budgeting, forecasting, operating plans and long-term strategic forecasts. Act as a liaison between accounting and other departments to ensure alignment of goals, and consistency in processes.
Essential:
- Bachelor's degree in Accounting, Finance, or a related field
- 1-3 years of progressive accounting experience in a multi-entity organization
- Insurance industry experience required, property & casualty strongly preferred
- Advanced Excel skills and experience with ERP systems
- Strong knowledge of U.S. GAAP and Statutory Accounting Principles
- Ability to communicate financial information clearly and effectively.
- Strong grasp of income statement, balance sheet, and cash flow statements along with the ability to analyze financial results and assess impact of business decisions.
- Strong written, verbal communication and presentation skills; must be able to convey information to all levels of the organization in a clear, focused, and concise manner
Nice to have:
- Experience with NetSuite, Workday, Adaptive, FloQast are a plus
- Experience working in a carrier environment, with exposure to reinsurance accounting and investment reporting
- A tech-forward approach to managing day-to-day tasks - we love to automate and make things more efficient and so should you!
- Proficient with generating visual graphs and creating impactful slide presentations
- The desire to partner and collaborate with various teams across the organization.
- Ability to provide value-added management reporting, including ad-hoc requests, to help the organization
- Wants to be part of a team that wins
- All our team members have these traits. You should, too.
OUR REWARDS
We offer a robust package of employee perks and benefits, including healthcare benefits (medical, dental and vision, EAP), competitive PTO, 401k match, parental leave, and HSA contribution match. We also provide our employees with a paid subscription to the Calm app and offer generous external learning and tuition reimbursement benefits. As a hybrid workforce, we offer our employees the ability to work remotely up to two days a week.
PEAK6 is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex (including pregnancy, sexual orientation, and gender identity), national origin, age, disability, veteran status, marital status, or any other protected characteristic. Our hiring practices ensure that all qualified applicants receive fair consideration without regard to these characteristics.
PEAK6 is committed to creating an inclusive and accessible workplace for all candidates, including those with disabilities. We are dedicated to ensuring equal employment opportunities and providing reasonable accommodations to qualified individuals with disabilities. If you require reasonable accommodations to participate in the application or interview process, please contact our HR department at [email protected]. We will work with you to provide the necessary accommodations to ensure your full participation in our hiring process.
#PEAK6
Top Skills
Adaptive
Erp
Excel
Floqast
NetSuite
Workday
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