Producer and Broker Payables Sr. Associate I

1 month ago

Grand Rapids, United States ACRISURE Full time

About the Acrisure Platform:

Acrisure’s Platform began with a small group of agency partners joining together for the best interest of their clients and teams. Through collaboration and trust, they revealed the individual strengths and the extraordinary advantage at their doorsteps. As their success became a reality, people took notice, and the platform grew. Their entrepreneurial spirits drove the partnership that led the Acrisure Platform to where it is today, with a culture built on organic partnership.

Acrisure is a fast-growing fintech leader that operates a global insurance broker. Acrisure provides a broad array of insurance and financial related solutions, including commercial property and casualty, personal lines and employee benefits insurance, real estate services, cyber services and asset and wealth management. Acrisure’s massively valuable, high margin distribution network combines the strength of trusted advisors with growth and efficiency enabled by AI.

Job Summary:

We are currently looking to add to our teamwithan exciting opportunity as an Sr. Associate I – Producer and Broker Payables. As a producer and broker payable senior associate, you will play a pivotal role in ensuring accurate and timely processing of payments to producers and brokers. Working closely with various internal departments and external stakeholders, you will contribute to the overall financial operations of the company. Your attention to detail, strong analytical skills, and ability to meet deadlines will be essential to succeed in this role.

Responsibilities:

Strong understanding of producer and broker payable operations, ensuring accurate and timely completion of commission and bonus payments. Demonstrates ability to provide guidance or training to another employee.

Resolves most questions and situations independently without needing to refer to higher level positions for assistance.

Completes higher volume of tasks and demonstrates ability to navigate complex processes.

Ability to evaluate situations and determine when items should be escalated to management.

Identifies, tests, and implements process improvement opportunities.

Consistently meets daily and weekly metrics.

Collaborate with internal departments to resolve payable-related issues and ensure smooth operations. This includes, and is not limited to accounting, sales and human resources.

Develop and maintain strong relationships with agency partners, producers, and brokers, addressing inquiries and resolving payment discrepancies in a professional and timely manner.

Regularly seeks feedback from others with the ability to apply to current and future tasks

Understands and adheres to Acrisure’s accounting best practices.

Identifies potential financial risks and raises these issues, along with suggested solutions, to manager.

Participate in special projects and initiatives as assigned, demonstrating flexibility and adaptability in a fast-paced environment.

Qualifications :

Strong attention to detail and a commitment to maintaininga high level of accuracy

Shows initiative to complete work without the prompting of others.

Strong organizational and time management skills, with the ability to prioritize tasks and meet deadlines.

Effective communication and interpersonal skills

Ability to work independently as well as collaboratively in a team-oriented environment

Education/Experience:

1-2 years of experience in processing commissions payments to sales professionals preferred

Strong knowledge of producer and broker payment processes, including commissions and bonus calculations preferred

Familiarity with insurance agency management systems and processes helpful

Proficient in using agency management system software and Microsoft office applications.

Bachelor's degree in accounting, finance, or a related field (preferred)

Benefits & Perks:

Competitive Compensation

Industry Leading Healthcare

Savings and Investments

Charitable Giving Programs

Offering hybrid work option

Opportunities for Growth

Educational Resources

Generous time away

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