Direct Bill Accountant

📋 Description

• Retrieve and oversee commission statements from insurance carriers through portals, email, and postal mail, working with internal teams to resolve any missing or delayed statements.

• Ensure the prompt and accurate entry of direct bill commissions utilizing internal systems or outsourced partners.

• Post and reconcile commission downloads, import files, and direct bill statements to client accounts and the general ledger.

• Document commission receipts from checks and electronic deposits, ensuring accurate alignment with corresponding statements.

• Conduct monthly reconciliations between the general ledger and recorded commission activity to ensure thoroughness and accuracy.

• Monitor daily bank transactions to verify that all direct bill commissions are recorded and any discrepancies are addressed without delay.

• Collaborate with client service teams to investigate and resolve reconciliation discrepancies and posting exceptions.

• Escalate complicated or unresolved discrepancies to leadership, providing comprehensive documentation and analysis.

⛳️ Requirements

• 1-3 years of experience in accounting or finance, ideally within an insurance brokerage setting.

• Bachelor’s degree in Accounting, Finance, or a related discipline.

• Solid understanding of GAAP and principles of financial reporting.

• Experience in reconciling financial data, including general ledger accounts and commission activities.

• Proficient in Microsoft Excel, including handling large data sets and utilizing pivot tables.

• Familiarity with accounting and agency management systems (e.g., EPIC, Business Central, BenefitPoint) is preferred.

• Strong analytical, organizational, and problem-solving abilities with a keen attention to detail.

• Capability to manage multiple priorities and meet deadlines in a dynamic work environment.

• Excellent communication skills, with the ability to convey financial information to non-financial stakeholders effectively.

• Commitment to confidentiality and adherence to ethical standards.

🏝️ Benefits

• Medical, Dental, and Vision Benefits

• Flexible Spending Account (FSA) and Health Savings Account (HSA)

• Commuter Transit Programs

• Company paid Short-Term Disability, Long-Term Disability and Group Term Life

• Company paid Employee Assistance Program

• Paid Parental Leave

• Paid holidays

• Personalized PTO

• 401(k) with employer match