Payroll Specialist, Ethos Life
$64-108k
Life insurance provider
Job no longer available
Life insurance provider
201-500 employees
Job no longer available
$64-108k
201-500 employees
Company mission
Ethos Life's mission is to protect the next million families.
Role
Who you are
- The successful candidate will be a committed and dedicated team player with excellent customer service skills, a positive attitude, and a strong attention to detail
- Proven experience as payroll specialist or payroll manager
- The ability to communicate well with the organization’s mostly remote staff
- Solid understanding of accounting fundamentals and payroll best practices
- Experience with multi-state payroll preferred
- Experience with ADP Workforce Now preferred
- Strong analytical, verbal, written communication, and problem-solving skills
- Ability to exercise sound judgment and make decisions based on accurate and timely analysis
What the job involves
- The successful candidate will be responsible for accurate and timely payroll processing to support Ethos as we continue on our mission to protect the next million families with life insurance
- Assist Payroll Manager with multi-state, bi-weekly and semi-monthly payroll processing using ADP Workforce Now
- Process time cards for non-exempt employee population
- Calculate prorated and retroactive wages
- Reconcile employee change reports
- Manage Time Off request approvals and reporting
- Process new hire, termination, and Leave of Absence transactions
- Provide customer service to employee and stakeholder inquiries through the shared Payroll mailbox
- Track equity for new hires and refresh grants
- Prepare off-cycle payments
- Track notices from tax agencies using ADP Smart Compliance software
- Regularly communicate with the People team to ensure an efficient workflow of information
- Complete miscellaneous tasks and projects as assigned
Otta's take
Xav Kearney
CTO of Otta
Ethos was founded to increase the transparency of life insurance, making it accessible and affordable to all. The company want to add openness to the process; losing a loved one is hard enough before one even considers financial implications, particularly with the loss of a primary earner.
Ethos uses predictive technology to rapidly quote life insurance rates and verify an applicant’s medical information. This expedited process allows most users to secure life cover on the same day they apply, a process which normally takes a number of weeks. The company works with some of the biggest providers in the industry, including Legal & General America, AAA Life and Ameritas Life Insurance Corp.
Ethos has been one of the more heavily publicised of the recent wave of insurtech companies, with investors such as Google as well as celebrities Will Smith and Jay Z, taking its valuation to over $2 billion. However, the sector is being hit particularly hard by macroeconomic uncertainty and Ethos has conducted several rounds of layoffs through 2022 and early 2023. Now focused on its core product and revenue growth, it is poised to extend its market leading position.
Insights
Few candidates hear
back within 2 weeks
72% employee growth in 12 months
Company
Funding (last 2 of 5 rounds)
Jul 2021
$100m
SERIES D
May 2021
$200m
SERIES D
Total funding: $406.5m
Company benefits
- Comprehensive health benefits
- Awesome medical, dental, and vision plans that start when you start
- Restricted Stock Units
- Unlimited paid time off policy
- New parents can take leave with 100% wage replacement
- Team training, volunteering opportunities, additional resources, and some amazing Employee Resource Groups: Black at Ethos, Parents, Pride & Shethos
- Our healthcare plans offer coverage on family planning and fertility
Company values
- Serve our Families
- Intellectual Rigor
- Bias for Impact
- Speak Your Mind
Company HQ
Berkley Square - Headway, Austin, TX
Articles
Founders
Peter Colis
(CEO)After an MBA at Stanford, Peter co-founded Ovid Corp in 2014, where he worked as CEO for 4 years before co-founding Ethos in 2016. He has worked as CEO since, alongside serving as a Sequoia Capital Scout.
Lingke Wang
(President)After working as an Investment Banker at Morgan Stanley Lingke gained an MBA from Stanford. He then co-founded Ovid Corp. an insurance company before Ethos.
Diversity & Inclusion at Ethos Life
- At Ethos, accessibility is core to our mission of protecting the next million families. Increasing access means diversity and inclusion are essential to the success of both our customers and our employees. At Ethos, we value every customer and each employee's unique voice, while ensuring they have an equal opportunity to be heard.
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