Senior Accountant - Insurance

Who we are:

Nirvana is on a mission to harness the power of data to revolutionize commercial insurance and enable a safer world. We are bringing much-needed innovation into the legacy, trillion-dollar commercial insurance industry. We have developed cutting-edge predictive models that use real-time IoT data from billions of connected devices, allowing us to better understand and price risk. Our AI-driven platform fundamentally changes the way an insurance company operates with personalized risk scoring, faster underwriting, modernized claims, and proactive, data-driven insights to help customers prevent accidents.

We’ve already proven the scale—reaching well over $100 million in premiums and more than doubling year over year. Our data moat is growing exponentially with more than 20 billion miles of telematics data, leading to more predictive models and new insights into how we can better understand and reduce risk. Altogether, our loss ratio, efficiency, and customer experience are redefining what can be done in the industry.

With $170+ million raised, including an industry-leading Series C round in January 2025, we’re only accelerating our growth, with strong support from top-tier VCs including Lightspeed, General Catalyst, and Valor. Nirvana’s leadership team has previously helped scale multi-billion-dollar companies from scratch, including Samsara, Rubrik, and Flexport, and includes industry veterans from Hiscox, The Hartford, and RLI.

About the role:

As a Senior Accountant at Nirvana, you will play a pivotal role in managing our financial operations specifically tailored to the insurance sector, including creating and managing accounting processes for our Managing General Agent entity (MGAs) and Third-Party Administrator entity (TPAs). You will collaborate closely across the company to maintain meticulous financial records, create scalable accounting and finance processes, prepare comprehensive financial reports, and furnish insights that aid strategic decision-making. This role offers a unique opportunity to substantially contribute to the growth and success of our organization while broadening your expertise in insurance-specific accounting. This role is a crucial part of our strategy to ensure all financial practices adhere to industry-specific regulations and standards, steering Nirvana towards sustained profitability and compliance.

What you’ll do:

• Create, prepare, and own necessary schedules to manage the monthly, quarterly, and annual accounting close process, ensuring timely and accurate financial reporting specific to insurance (MGA & TPA) operations.

• Prepare financial statements, including balance sheets, income statements, and cash flow statements, tailored to insurance regulatory standards.

• Oversee and assist in managing any tax and corporate audit functions with particular attention to insurance premium and claims.

• Assist in maintaining all accounting and finance software systems including, but not limited to, Netsuite, Brex, BILL, Snapsheet, and Navan, ensuring adjustments for insurance-specific transactions.

• Provide audit readiness support particularly in compliance with insurance industry regulations as the company prepares for its first external audit.

• Develop and maintain robust internal controls to safeguard financial assets in the insurance sector and ensure compliance with applicable regulatory and GAAP requirements.

About you:

• Bachelor's degree in Accounting, Finance, or related field; CPA designation preferred

• 2-5 years of progressive accounting experience; previous experience in insurance sector accounting is required.

• Strong knowledge of GAAP principles and financial reporting requirements

• Proficiency in NetSuite and Snapsheet preferred but not required

• Excellent analytical and problem-solving skills

• Strong attention to detail and ability to prioritize tasks

• Excellent communication and interpersonal skills

• Ability to work independently and collaborate effectively in a team environment

Benefits:

• Competitive salary & equity

• Medical, dental & vision insurance

• 401k with company match

• Unlimited PTO

• Work from home friendly

We set our salary ranges using compensation data from companies similar to our stage and size. For this role, the estimated salary range for this position is $100,000 - $135,000. The actual base salary will vary depending on multiple factors unique to each candidate, including location, job-related knowledge, transferable skills, work experience and our assessment of your level during the interview process.

Nirvana offers a wide range of best-in-class, comprehensive benefits for this role including 100% employer paid healthcare plans, a healthy 401k match program, paid time off, parental leave, wellness reimbursement, work-from-home stipend and more.

In addition, Nirvana offers equity for all full-time employees, which is not included in the range listed above and will have a significant impact on your overall compensation.

Nirvana is committed to building a diverse and inclusive workforce. If you’re interested in this role, but do not meet 100% of the qualifications listed above, we encourage you to apply. We'd like to consider you for this position and roles that may be a fit in the future. Nirvana is an Equal Opportunity Employer and considers applicants for employment without regard to race, color, religion, sex, orientation, national origin, age, disability, genetics or any other basis forbidden under federal, state, or local law. Nirvana considers all qualified applicants in accordance with the San Francisco Fair Chance Ordinance.

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