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Insurance Accounting Associate

Company: HUB International
Location: Burbank
Posted on: March 22, 2020

Job Description:

About HUB International:HUB International Limited (HUB) is the 5th largest global insurance and employee benefits broker, providing a broad array of property, casualty, risk management, life and health, employee benefits, investment and wealth management products and services. With over 10,000 employees in 450 offices throughout North America, HUB has grown substantially, in part due to our industry leading success in mergers and acquisitions.Essential Duties and Responsibilities :

  • Retrieve electronic deposit information from Online Bank Account Daily Activity reports
  • Posting of all cash receipts for multiple bank accounts in Broker Management system on a daily basis
  • Posting commissions in Brokerage Management system(s) at policy and insured level
  • Assist with client credits and collections
  • Reconcile cash accounts daily to make sure that all items are accounted for and month-end bank reconciliation
  • Prepare and process journal entries in the Brokerage Management system(s) and GL system(s)
  • Assist in the Month-end closing process and running of reports for all BMS and GL system(s)
  • Run and distribute month end and ad-hoc reports
  • Follow up with Client Service team for any exception payments and post accordingly
  • Partner with accounting and client service team to quickly bring issues to their attention, working to understand the root cause and offering potential solutions
  • Research and resolve unapplied cash in suspense and cash on account at client level
  • Escalate unresolved items to supervisor per pre-determined aging timeline
  • May assist in other special projects as required
  • Perform other duties as assigned by supervisorExperience and Knowledge Requirements:
    • Requires at least 1-year experience in accounting field
    • Insurance Experience a plus
    • Must have good written and verbal communication skills
    • Ability to deal with ambiguity
    • Advanced Excel skills required
    • Strong analytical and problem solving skills
    • Work under pressure to 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 potentially put in extra hours during peak times
    • Perform other duties as assigned#LI-SKDepartment Accounting & FinanceRequired Experience: Less than 1 year of relevant experienceRequired Travel: NegligibleRequired Education: High school or equivalentHUB International Limited is an equal opportunity and affirmative action employer that does not discriminate on the basis of race/ethnicity, national origin, religion, age, color, sex, sexual orientation, gender identity, disability or veteran's status, or any other characteristic protected by local, state or federal laws, rules or regulations. The EEO is the Law poster and its supplement is available here at http://www.dol.gov/ofccp/regs/compliance/posters/ofccpost.htm .EEOAA Policy at https://hubinternational.jobs/eeo/E-Verify Program at https://hubinternational.jobs/e-verify/We endeavor to make this website accessible to any and all users. If you would like to contact us regarding the accessibility of our website or need assistance completing the application process, please contact the US Recruiting Team toll-free at (844) 300-9193 or USRecruiting@hubinternational.com . This contact information is for accommodation requests only; do not use this contact information to inquire about the status of applications.

Keywords: HUB International, Burbank , Insurance Accounting Associate, Accounting, Auditing , Burbank, California

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