About Ledger Investing

Ledger Investing is a Y Combinator-backed startup that is transforming the way insurance risk is financed. Today, Ledger is an online marketplace, focusing on the securitization of insurance. Insurance securitization has quickly grown to be a $100 billion market but is limited in scope due to opacity and complexity. Ledger is on its way to expanding this market to $1 trillion by building a seamless data platform from the policyholder to the capital markets, enabling transparency, and bringing best-in-class analytics and real-time insights to the table. Our $75 million Series B round of investment funding has set us up for exponential growth. We are on our way to disrupting the industry by serving as an unparalleled, advantageous marketplace for virtually all types of insurance risks and capital.

About the Team:

Ledger ILS Services has the mission to be the best infrastructure and service provider to facilitate the exponential growth of casualty insurance linked securities. The team based in Cayman Islands is responsible to run Ledger Re SPC as a reinsurer and transformer to serve investors of ILS Market. In the near future, it plans to offer its modernized operation and services, powered by high tech platform, best in class reporting tools and deep (re)insurance securitization domain knowledge, to other ILS players and reinsurers to build a more efficient and transparent ILS network.

About the role:

Manage the financial reporting and settlement procedures, including using the Ledger reports tool to reconcile bordeaux, prepare settlement and net asset valuation reports for some investors, prepare financial statements, and ensure compliance with reinsurance contracts.
Analyze reinsurance transactions and source documents to determine appropriate reporting treatment, settlement and capital coordination procedure.
Communicate effectively with various parties related to the ILS transactions managed by ILS Services to support the financial reporting process. These include but are not limited to investors, cedants, brokers, engineers, legal and service providers.
Contribute to the development and integration of Ledger Investing’s high tech platform and reporting tools to improve operational efficiency service delivery.
Assist in the initiatives to upgrade and expand the services offered to investors. These include but are not limited to: the investment activities monitoring of special purpose vehicles, net asset value of segregated portfolios monitoring, present value monitoring at transaction value, develop and communicate insights based on financial reporting etc.
Support the marketing efforts to showcase the infrastructure of Ledger ILS Services to potential investors, (re)insurers, ILS vehicles etc. Calculation and preparation of accounting journal entries, ensuring accuracy and compliance with relevant accounting standards and internal control procedures.
Manage the bank reconciliation process, including maintaining a record of all payments for each bank account, and coordinate the financial statement audit.
Oversee investment activities, net asset values, and present value to enhance investor services.

Qualifications:

A bachelor’s degree in finance, accounting, actuarial or a related field.
3+ years experience in financial accounting, financial modeling/valuation, financial analytics or a similar data-driven role in the financial industry.
Excellent communication and relationship-building skills in a business setting.
Exceptional attention to details and the ability to meet tight deadlines.
Advanced proficiency in excel and a willingness to adopt new technologies.
Self-starter, with a thirst for learning and a desire to work in a fast-paced, start-up environment.
Experience with insurance managers or reinsurers in Cayman Islands is preferred.
Familiarity with managing audits and working with regulatory agencies is preferred.

For US based positions:

Ledger Investing is an equal opportunity employer and complies with all applicable federal, state, and local fair employment practices laws. We strictly prohibit and do not tolerate discrimination against employees, applicants, or any other covered persons because of race, color, religion, creed, national origin or ancestry, ethnicity, sex, gender (including gender nonconformity and status as a transgender or transsexual individual), sexual orientation, marital status, age, physical or mental disability, citizenship, past, current or prospective service in the uniformed services, predisposing genetic characteristic, domestic violence victim status, arrest records, or any other characteristic protected under applicable federal, state or local law.