Senior Accounting Associate

4 weeks ago

Brentwood, United States HUB International Full time

ABOUT US

At HUB International, we are a team of entrepreneurs. We believe in empowering our clients, and we do so by protecting businesses and individuals in our local communities. We help businesses evaluate their risks and develop solutions tailored to their needs. We believe in empowering our employees. As a global firm, we offer employees resources in both technology and industry expertise, but we still maintain the local flavor of our offices. Our structure enables our teams to maintain their own unique, regional culture while leveraging support and resources from our corporate centers of excellence.

HUB is the 5th largest global insurance and employee benefits broker, providing a boundaryless array of property, casualty, risk management, life and health, employee benefits, investment and wealth management products and services. With over 17,000 employees in more than 550 offices throughout North America, HUB has grown substantially, in part due to our industry leading success in mergers and acquisitions.

About the Position

This position reports to the Insurance Accounting Supervisor and is responsible for the Premium Payables and Broker Commission Payables process for the Property & Casualty, Benefits and Wholesale business in various Broker Management systems, G/L systems and any additionally acquired systems. This individual is responsible for ensuring premiums are remitted to the carriers timely and accurately according to carrier market terms, as well as ensuring broker commissions are paid to external brokers in accordance with company policies.

Working Conditions:

  • Normal office environment. This position is Hybrid 3 days/week required in Brentwood, TN office.

Essential Duties and Responsibilities:

  • Focus on expedient resolution of billing discrepancies and obtain missing carrier invoices/statements from insurance carriers and wholesalers, to achieve three-way match status and timely disbursement.
  • Prepare reconciliations in the Broker Management System in conjunction with invoices and/or statements received from markets in accordance with payment terms.
  • In conjunction with the Supervisor, review daily disbursement packages for completeness and accuracy.
  • Monitor timely resolution of billing discrepancies, to achieve a three-way match status on or before payment due date
  • Process return premium requests to clients and premium finance companies.
  • Assist team members in handling complex items in a timely pro-active manner that ensures compliance with procedures and guidelines.
  • Prepare analysis of aged open payables on a periodic basis
  • Analyze, research, and resolve complex problems.
  • Support and implement process efficiencies.
  • Build and maintain positive working relationships with client service operations team and markets.
  • Provide training and mentorship to other team members.
  • Contribute to a cooperative team environment in which cross functions are assumed as necessary to meet department deadlines and goals.
  • Other duties as assigned.

Required Experience:

  • High school diploma or equivalent
  • At least 3 years of experience in the accounting field
  • Experience in a shared services accounting environment preferred
  • Insurance brokerage experience preferred
  • Excellent written and verbal communication skills
  • Intermediate/advanced Word and Excel skills required
  • Strong analytical and problem-solving skills
  • Ability to work under pressure to meet deadlines
  • High degree of accuracy with a good eye for detail
  • Self-motivated and proactive
  • Demonstrated ability to take initiative and achieve results in a fast-paced and changing environment
  • Must have some flexibility of work hours and have ability to potentially put in extra hours during peak times

Whats in it for you?

  • Competitive compensation.
  • Customizable flexible benefits & 401K matching program.
  • Generous PTO package vacation, holiday, sick, and personal time off.
  • Growth potential - SPG is constantly growing and so can your career
  • Comprehensive wellness programs.

Specialty Program Group (SPG) is the wholesale & MGA division of HUB International (5th Largest Global Broker). SPG acts in a holding company capacity acquiring best in class underwriting businesses to operate independently under discrete brands (portfolio companies).

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