Finance Operations Manager, Next Insurance
$131-178k
Office located in Waltham, MA
Online-based insurance broker for SMBs
Be an early applicant
Online-based insurance broker for SMBs
501-1000 employees
Be an early applicant
$131-178k
Office located in Waltham, MA
501-1000 employees
Company mission
To build a simplified digital insurance experience that better serves small businesses.
Role
Who you are
- Bachelor’s degree in Business Administration, Legal, Supply Chain Management, Finance or related field. MBA or equivalent is a plus
- 5+ years of experience in working in or partnering with procurement organizations
- Proven experience in sourcing, contract negotiation, and supplier relationship management
- Excellent presentation, communication and interpersonal skills, with the ability to influence stakeholders at all levels, including executives
- Strong analytical skills with the ability to interpret and act on data insights
- Technologically savvy with the ability to quickly grasp new tools and systems
- Results-driven, with a focus on continuous improvement
What the job involves
- We’re looking for a Finance Operations Manager to join our dynamic finance team
- This individual will be responsible for overseeing financial processes with an initial focus on procure to pay
- This role is responsible for delivering the tools that will serve as the foundation for the company’s next stage of growth
- Lead the Procure to Pay process to ensure alignment with company objectives, legal standards, and risk management strategies
- Own relationships with external providers, including travel and expense providers, procurement providers, and other financial shared services providers over time
- Partner with business leaders to design and implement scalable and efficient financial processes that deliver on business goals
- Lead initiatives that streamline operations, generate cost savings, and improve efficiency across procurement, vendor management, and travel programs
- Analyze financial data to provide actionable insights to senior leadership and identify improvement areas
- Utilize forecasting and planning tools to support company-wide financial initiatives and enhance predictive accuracy
- Support long-range and annual financial planning processes including income statement, balance sheet, and cash flow modeling
Our take
Next Insurance serves small businesses by making it much simpler to take out an insurance policy without the headache associated with many providers. To begin trading any business needs to have some sort of insurance policy in place, traditional offerings can take weeks, often requiring tedious paperwork.
Next Insurance has opted to use AI, machine learning and transparent language to make the process much simpler, it can take just five to ten minutes for customers to obtain a package that suits them.
While Next Insurance is facing established insurance companies such as Hiscox and State Farm, its partnership with Amazon Business Prime to insure its members in a move to target traditionally underserved insurance customers and more recently with LegalZoom, to simplify the insurance process, as well as its nearly half a million customers has the company well set to remain major player in the space.
Freddie
Company Specialist at Welcome to the Jungle
Insights
-7% employee growth in 12 months
Company
Funding (last 2 of 7 rounds)
Nov 2023
$265m
SERIES G
Mar 2021
$250m
SERIES E
Total funding: $1.1bn
Company benefits
- Medical insurance
- Vision insurance
- Dental insurance
- 401(k)
- Paid maternity leave
- Paid paternity leave
Company HQ
Palo Alto, CA
Leadership
Alon Huri
(Co-founder)They spent 4 years as a System Architect before Software roles at Mercury, HP, and Check. They co-founded Next Insurance in March 2016 with Guy and Nissim.
Guy Goldstein
(CEO & Co-founder)After 7 years in the Israeli Air Force, they worked at Mercury Interactive for almost 8 years, as well as roles at HP and Check, which they co-founded in 2007. Left this role at Intuit in July 2015 to co-found Next Insurance 6 months later.
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