Turo

Sr. Accountant, Claims & Insurance

California, United States

Not SpecifiedCompensation
Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Financial Services, Insurance, AccountingIndustries

Position Overview

  • Location Type: Not Specified (Salary range provided for US remote locations)
  • Job Type: Full-time
  • Salary: $113,000 - $127,000 annually for remote US locations (eligible for equity and benefits)

We are seeking a Senior Accountant to join our claims and insurance accounting team. This role is a highly visible and critical function within Turo’s accounting team. You will be responsible for becoming an expert in claims and insurance accounting, partnering with global operations teams, managing an off-shore BPO team, implementing innovative technology, and driving continuous process improvement initiatives. The ideal candidate possesses strong accounting knowledge, excellent communication, problem-solving, and data analysis capabilities. This is an opportunity to work with talented individuals, solve complex problems in a rapidly growing industry, and develop your professional career by preparing complex accruals, working with large datasets, and building processes to support company growth. We are looking for someone with strong Microsoft Excel skills, who thrives in a fast-paced environment, enjoys collaboration, is a great communicator, and loves solving problems in a dynamic, high-growth setting.

What You’ll Do

  • Prepare and review journal entries, reconciliations, and variance analysis as part of month-end close procedures for Turo’s claims and insurance activities.
  • Supervise members of an offshore BPO team, providing training and performing detailed reviews to ensure work quality and proper transaction recording.
  • Own the claims model for estimating accruals, including documenting assumptions, analyzing data trends, and completing checklist procedures for data completeness and accuracy.
  • Partner closely with cross-functional business partners to resolve issues and ensure proper accounting, including assessing accounting implications for global insurance renewals.
  • Develop new processes and identify opportunities to improve the speed, accuracy, and efficiency of the month-end close timeline, including enhancing working schedules, reconciliations, and documentation quality.
  • Lead critical accounting projects aimed at improving the accuracy of data for internal and external reporting.
  • Provide ongoing support to internal and external audits, including leading process walkthroughs, preparing PBCs (Prepared By Client documents), and addressing audit inquiries.

Your Profile

  • 4+ years of experience in general accounting, with public accounting/audit experience at a senior level and/or senior accountant experience within a high-volume corporate environment.
  • Bachelor’s degree in Accounting, Finance, and/or Business Administration.
  • CPA with Big 4 audit experience is strongly preferred.
  • Experience with NetSuite or another large-scale accounting system.
  • Advanced Microsoft Excel skills (e.g., Pivot Tables, V-lookups).
  • Proven history of identifying problems and discrepancies, independently performing research and analysis, and recommending corrective actions.
  • Must be results-oriented, capable of managing timelines, and proactively communicating ongoing issues to team members.
  • Comfortable learning new tools and deepening Excel & SQL skills through self-learning and on-the-job coaching.
  • High attention to detail, critical thinking, problem-solving, and analytical skills.
  • Ability to manage multiple priorities under tight deadlines.

Note: Salary ranges reflect market-based targets and are subject to change. Individual pay is determined by objective factors assessed during the application process.

Skills

Accounting
Claims & Insurance
Journal Entries
Reconciliations
Variance Analysis
Month-End Close
Data Analysis
Microsoft Excel
Process Improvement
Team Supervision
Offshore BPO Management
Cross-Functional Collaboration
Problem Solving

Turo

Peer-to-peer car sharing platform for rentals

About Turo

Turo operates in the peer-to-peer car sharing market, allowing private car owners to rent out their vehicles to others. Car owners can list their vehicles on Turo’s platform, where they set their own rental prices and availability. Renters can browse these listings, select a vehicle that meets their needs, and book it for a specific time. Turo facilitates the transaction by providing insurance coverage and customer support, ensuring a smooth experience for both car owners and renters. The company earns revenue by taking a percentage of the rental fee, which aligns its interests with those of its users. Turo stands out from competitors by offering a diverse range of vehicles, including everyday cars, luxury, and specialty options. The goal of Turo is to provide a flexible and cost-effective alternative to traditional car rental services, leveraging the sharing economy to connect car owners with renters.

San Francisco, CaliforniaHeadquarters
2009Year Founded
$451.3MTotal Funding
POST_IPO_EQUITYCompany Stage
Automotive & Transportation, Consumer GoodsIndustries
1,001-5,000Employees

Risks

Negative incidents involving rented vehicles could damage Turo's reputation.
New competitors like ZEV co-op could capture market share with eco-friendly models.
Market volatility could impact Turo's IPO plans and investor confidence.

Differentiation

Turo offers a wide variety of vehicles, from everyday to luxury models.
The platform provides a cost-effective alternative to traditional car rental services.
Turo's commission-based model aligns its interests with users' successful transactions.

Upsides

Turo's partnership with United Airlines enhances customer acquisition and retention.
Expansion in Australia indicates potential for further international market penetration.
Winning the unitQ Quality Excellence Award highlights Turo's commitment to customer experience.

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