Kin is on a mission to change home insurance from what it is to what it should be. Whether we’re leveraging data to create customizable coverage or providing claims service that goes above and beyond expectations, our members are at the heart of everything we do. In the face of ever-growing climate risk, they deserve an insurance company that cares about them. We aim to stick with our members through thick and thin.
We use efficient technology that lets homeowners buy directly from us to keep costs down. This is the essence of Kin. Our approach has fostered amazing growth, attracted marquee investors, and earned us accolades, including being named to:
- Built In Chicago's Best Places to Work, Midsize Companies (2021-2024).
- Forbes' America's Best Startup Employers (2021- 2023).
- Inc. 5000 Fastest-Growing Private Companies.
- Forbes’ Fintech 50.
Simply put, our people are what make us great – we need forward-thinking, inspired game-changers like you to join us in our mission.
So, what’s the role?
We are looking for a Senior Statutory Accountant to join Kin’s growing finance team. Reporting to the Controller, Carrier Operations, this role will be responsible for ensuring compliance with statutory accounting principles (SAP), managing regulatory reporting, and maintaining accurate financial records in line with insurance industry standards. The Senior Statutory Accountant will play a key role in preparing and reviewing statutory financial statements, overseeing internal controls, and supporting audits and regulatory filings.This role requires a strong understanding of statutory accounting within the property and casualty (P&C) insurance industry, along with the ability to analyze financial data, ensure compliance, and collaborate across teams.
A day in the life could include:
- Preparing, reviewing, and filing quarterly and annual statutory financial statements in compliance with NAIC guidelines and state regulations.
- Assisting with regulatory reports, including state filings, surplus reports, and risk-based capital calculations.
- Ensuring compliance with statutory accounting principles (SAP) and maintaining complete and accurate financial records.
- Working closely with external auditors and regulators to support audits and resolve inquiries related to statutory accounting.
- Analyzing financial data and preparing internal reporting packages for management review.
- Monitoring changes in statutory regulations and accounting standards to ensure compliance.
- Supporting finance functions such as premium tax, treasury, and general ledger accounting.
- Performing account reconciliations, variance analysis, and recommending corrective actions to ensure financial accuracy.
- Collaborating with cross-functional teams to improve financial processes and resolve discrepancies.
I’ve got the skills… but do I have the necessary ones?
- Bachelor’s degree in Accounting, Finance, or a related field (CPA preferred).
- 5+ years of experience in statutory accounting within the P&C insurance industry.
- Strong knowledge of statutory accounting principles (SAP) and NAIC reporting requirements.
- Experience with reinsurance accounting and an understanding of various reinsurance structures.
- Proficiency in Microsoft Excel and statutory accounting systems (SAP, Workday, NetSuite, or similar).
- Excellent analytical skills, attention to detail, and ability to manage multiple priorities.
- Strong communication and collaboration skills to work effectively with internal teams and external stakeholders.
- Ability to work independently, solve complex accounting issues, and drive process improvements.
Bonus Points:
- CPA or equivalent professional designation.
- Experience with Workday, NetSuite, or other financial systems used in P&C insurance.
- Familiarity with IFRS (International Financial Reporting Standards) as it relates to the insurance industry.
- Understanding of insurance products and operations within a P&C carrier.
Oh, and don’t worry, we’ve got you covered!
We offer a comprehensive benefits program, allowing you to choose the benefits that are best for you and your family including: Medical, Dental, Vision, Life Insurance and Disability Insurance options, an Employee Assistance Program, as well as elective voluntary benefits such as accident insurance, hospital indemnity, critical illness, legal assistance and pet insurance. In addition to these benefits, we also are excited to offer the following:
- Competitive salary and equity
- 401K with a company match of up to 4%
- Flexible PTO for exempt employees, along with 8 company-observed holidays
- A paid parental leave program that provides 100% salary continuation of up to 14 weeks for birthing parents and 8 weeks for non-birthing parents
- Continuing education and professional development opportunities
Kin will accept applications for the role until March, 25th, 2025For Sales Agents and Customer Service Agents: These roles sit in any of the following 30 states: AL, AZ, CO, FL, ID, IL, IN, KS, KY, MA, MD, ME, MI, MN, MO, MT, NC, NE, NM, NV, NY, OH, OK, PA, SC, TN, TX, UT, VT, VA, WA, and WI. For all other positions, these roles can sit in any of the following 40 states: AL, AR, AZ, CA (exempt only), CO, CT, FL, GA, ID, IL, IN, IA, KS, KY, MA, ME, MD, MI, MN, MO, MT, NC, NE, NJ, NM, NV, NY, OH, OK, OR, PA, SC, SD, TN, TX, UT, VT, VA, WA, and WI.
Please only apply if you are able to live and work full-time in one of the states listed above. State locations and specifics are subject to change as our hiring requirements shift.
About Kin
Kin is the only pure-play, direct-to-consumer digital insurer focused on the growing home insurance market. We make policies convenient and affordable through a technology platform that delivers a seamless user experience, customized options for coverage, and fast, high-quality claims service. Kin is a fully licensed carrier that offers coverage through its reciprocal exchanges which are owned by its policyholders. To learn more, visit www.kin.com.
EEOC Statement
Kin is proud to be an Equal Employment Opportunity and Affirmative Action Employer. We don't just accept difference – we honor it, nurture it, and celebrate it. We don’t discriminate based on race, religion, color, national origin, gender (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, gender expression, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.Compensation Range: $95K - $115K
