About This Role
This Accounting Specialist role involves managing daily accounting tasks for assigned insurance lines of business. The specialist will apply accounting principles to track, analyze, and report financial information, ensuring timely and accurate activity and transactions. This is a hybrid position.
Responsibilities
- Process daily invoice importing for assigned client accounting lines of business
- Review accounts for accuracy and complete information before posting batches
- Complete balancing to source documents
- Process daily cash receipt imports from various sources, including reconciling receipts from source documents/reports to bank activity, and posting to the accounts system and general ledger
- Process physical check deposits for payments mailed directly to the office using a remote check scanner, with detailed tracking and reconciliation to the bank and general ledger systems for accuracy
- Coordinate check requests as required from policy admin systems for carrier, customer, and/or broker payments required for assigned areas in a timely manner
- Process ongoing Direct Bill commission payments owed from carriers for policies which the insureds pay to the carrier directly
- Reconcile detailed transactions to compare to payments received from carriers, notice discrepancies, and follow up to ensure timely payment from carriers
- Coordinate and review Accounts Receivable reports for unusual or possible missing transactions, working with the Accounting Supervisor to correct transactions if necessary
- Assist the Accounting Supervisor with ensuring all accounting records are properly and timely recorded for month-end processing
- Record journal entries as needed relating to assigned accounts
- Reconcile various general ledger accounts and investigate differences that may arise
- Prepare balance sheet reconciliations, including various bank accounts as assigned, in a timely manner
Requirements
- Associate’s degree in Accounting or Finance, or a related field preferred
- 3+ years of related accounting experience dealing with recording financial transactions, reviewing, analyzing, and interpreting financial data; or equivalent combination of education and experience
- Strong interpersonal skills with a proven ability to interface effectively at all levels within an organization
- Strong technical skills, including financial accounting and reporting systems
- Excellent verbal and written communication skills, with ability to effectively interact with all levels of employees both internally and externally
- Ability to multi-task and prioritize based upon business and departmental needs
About the Company
One80 Intermediaries is part of Arrowhead Intermediaries, a global insurance distribution platform that offers deep specialization, scale, and innovation across wholesale brokerage, program administration, and specialty insurance. With more than 7,000 professionals worldwide and a collective portfolio exceeding $18 billion in premium placed in 2024, the combined organization delivers a diverse trading platform for insurance carriers as well as expanded access and niche solutions for brokers and customers navigating complex and hard-to-place risks.
