Senior Accountant

Overview :

AIA, an Alera Group Company, is looking for a Senior Accountant. We are seeking highly motivated colleagues who bring experience and enthusiasm to our team joining us may be the perfect fit for you!

Alera Group was founded in 2017 and has grown to become the 15th largest broker of US business. We are passionate about our clients’ success in the areas of Employee Benefits, Property and Casualty Insurance, Retirement Plan Services, and Wealth Services.

With a network of offices nationwide, our commitment to collaboration allows us to offer national resources combined with local service.

The Senior Accountant is a key part of the local office team responsible for the timely and accurate processing of agency financial transactions including commissions, agency billings, producer commissions and accounts payable.

This position includes interactions with agency operations and accounting teams at the regional and corporate levels of Alera essential to the financial performance and success of the agency so leadership can make informed business decisions.

Responsibilities :

• Commission ProcessingProcess commissions and commission-related payments using agency commission processing system to facilitate accurate and timely reporting to operations and financial stakeholders;
• Administer and maintain commission processing system including setup of new customers, policies, lines of coverage, referral sources, producers, rate tables, subsidiaries, carriers and related electronic remittance mappings / layouts for import, ensuring data integrity, accuracy and population of key data fields;
• Ensure accurate and timely posting of fees, commissions, reimbursements and expenses to agency commission processing systems and reporting for general ledger posting;
• Utilize commission reporting software to perform commission reconciliations and analyze payments identifying missing carrier commissions, errors and discrepancies for resolution in a timely and accurate manner;
• Maintains payment records, including current banking information for direct deposits and ACH payments with carriers and referral sources;

Prepares and distributes commission statements for internal and external producers, including directly or through other delivery (e.

g. maintenance of an agent portal)

• Compile and submit bi-weekly payroll reports to Alera Group payroll team including periodic commission and bonus payments, compensation adjustments;
• Prepare monthly intercompany transactions as used by the Alera Group Accounting team for posting of referral payments;
• Assist with monthly accounting close process at agency level to ensure accurate accounting records are maintained for agency as well as acquired business units;

Responds to inquiries from internal and external stakeholders including Corporate Accounting Team.

• Accounts Receivable Prepares and distributes invoicing to clients;
• Monitor accounts to identify outstanding invoices and take actions by contacting clients to encourage timely invoice payments;

Reviews emails received in shared commission inboxes and following up on emails pending a response.

• Carrier and Credential ManagementSets up carriers and state apportionment paperwork as needed to facilitate carrier payments to the agency;
• Seeks and effects implementation of efficiencies with processing of commissions including but not limited to setup of electronic payments and remittances;

Manages credentialing and compliance including providing licensure and evidence of insurance on an as needed basis

• Accounts Payable and PaymentsReview, submit and code / tag all accounts payable processed via the Concur application or via manual check request;
• Facilitate with Alera Corporate Accounts Payable team setup of new vendors in accounts payable systems to ensure timely and accurate processing and payment;

Facilitate timely processing of periodic premium payments to insurance carriers via ACH.

Any other responsibilities that may be assigned from time to time.

Qualifications :

3+ years in a position equivalent to a staff accountant, senior accountant or commission accountant;

Intermediate to Advanced Microsoft office skills (Excel, Word, Outlook) along with data report manipulation used for analysis including sorting, filtering and utilization of pivot tables

Knowledge of industry CRM and commission processing software (Sagitta, Applied Epic, AMS360)

• Property & Casualty insurance industry knowledge a plus;
• Excellent communication skills written, verbal, and listening and relates well to people at all levels of the organization;
• High level of emotional intelligence combined with proactive and strategic interpersonal communications, information collection and evaluation, and workflow management;
• Possess and use excellent strategic and analytical abilities, critical thinking skills, along with great judgment combined with great common sense;
• Must be an energetic, solutions-oriented person with sound operational, hands-on skills, and a positive, entrepreneurial attitude;
• Must be highly organized with meticulous attention to detail when handling multiple priorities and a strong sense of urgency;
• Collaborate constructively and work well with staff at all levels of an organization;
• Thrives in fluid, highly collaborative environments, can easily adapt to a range of workstyles, and remains calm under pressure;
• Sit for three to four (3-4) hours at a time which working on the computer;

Equal Opportunity Employment :

Alera Group offers comprehensive benefits to our colleagues, including medical, dental, life and disability insurance, 401k, generous paid time off and much more.

We're an equal opportunity employer. All applicants will be considered for employment without attention to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran or disability status, or any other protected class.

If you're a California resident, please read the prior to applying.

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