Senior Crop Accountant

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Palomar

WebsiteLinkedInAll Job Openings

201 - 500 employees

Founded 2014

💸 Finance

🤝 B2B

💰 $105.6M Post IPO equity on 2024-09

Finance • B2B

Palomar is a specialty property and casualty insurance company that provides creative insurance solutions for commercial and residential clients. It underwrites a broad range of specialty products—including earthquake, inland marine and property, casualty (including E&S and healthcare liability), environmental liability, surety, builders risk, motor truck cargo, fronting programs, and crop/hurricane coverage—while serving agents, brokers, policyholders and investors. The company emphasizes innovation, sustainability, and digital services (insured portal, producer tools) to support growth and operational efficiency.

📋 Description

• Process and record all crop insurance premium payments, overpayments, refunds, and billing adjustments with accuracy and timeliness • Reconcile premium, liability, and indemnity activity across internal systems, AIP platforms, and RMA data to ensure financial accuracy • Review and validate agent commission statements, research discrepancies and coordinate corrections with agents and internal teams • Prepare monthly, quarterly, and year end reconciliations, journal entries, and supporting schedules for financial close • Monitor and track outstanding A/R and A/P items related to growers, agencies, and reinsurers; communicate status updates to internal stakeholders • Assist with internal and external audits, including RMA compliance reviews, by gathering documentation and preparing required reports • Generate reports by pulling data from multiple systems (policy admin, accounting, RMA, and internal databases); consolidate and analyze results to support decision making • Research and resolve financial variances related to premium, commission, or settlement activity; recommend corrective actions • Maintain accurate and organized electronic and paper files for audit readiness and operational efficiency • Support monthly premium reconciliation processes to ensure deadlines are met for financial reporting and RMA requirements • Collaborate with underwriting, claims, agent services, and finance teams to ensure data integrity and consistent application of accounting procedures • Participate in process improvements, documentation updates, and cross department projects to enhance efficiency and accuracy • Perform other duties as assigned

🎯 Requirements

• Bachelor’s Degree in Accounting or equivalent, Master’s Preferred • 5-10 years’ of accounting experience – crop, insurance, or agricultural finance industry preferred • Familiarity with Microsoft Office- Excel (Pivot Tables, Lookups, Formulas), Word, Power Point and Outlook • Ability to organize, self-prioritize, multi-task and be a self-starter in a fast-paced environment with demanding internal and external deadlines • Strong interpersonal skills and attention to detail a must.

🏖️ Benefits

• Full Suite of Medical Benefits • Long Term Financial Incentives – STOCK! • 401k with 3.5% Automatic Fully Vested Employer Contributions • Competitive PTO + Holiday Program • Lifestyle Spending Allowance • Professional Development Assistance • Career Exploration Opportunities • Regular company-wide social events (even virtually!)