Premium Payable Accountant

Description

PURPOSE:

This is an ideal opportunity to work at a growing organization with a strong family culture. Shepherd Insurance is a privately-owned insurance agency that has delivered risk management solutions since 1977. With a wide variety of insurance and financial products, we are among the largest independent agencies in the country.

The Premium Payable Accountant plays a critical role in ensuring the accuracy, timeliness, and integrity of all payable transactions and financial reporting processes. This role partners closely with internal teams and external partners to manage payment workflows, maintain compliance, and resolve discrepancies. With a positive attitude, the Premium Payable Accountant demonstrates strong accounting expertise, attention to detail, and a commitment to continuous improvement in a fast-paced, collaborative environment.

ROLES AND RESPONSIBILITIES:

• Review company payable reports to identify items that are ready for payment. 
• Research missing carrier statements after client payments have been received. 
• Develop and maintain final company payable reports. 
• Develop and maintain return payments to customers. 
• Ensure accuracy and compliance in support for transactions is processed and filed accurately in agency management and document management systems. 
• Collaborate with appropriate teams to resolve transaction inquiries. 
• Initiate ACH, wire, and check payments as requested and applicable.
• Develop and maintain company payable and advisor payable reports on a monthly basis, including initiating payments to specific individuals.  
• Enforce and uphold established controls and compliance surrounding all payment processes. 
• Foster a culture of accountability, collaboration, and continuous improvement amongst internal and external teams.
• Participate in training and development opportunities to remain up to date on industry information, new product development, and continuing education opportunities. 
• Perform other related duties as assigned. 

Requirements

• Strong Accounting skills, and demonstrated work experience in financial reporting, payables, and accounting functions.
• Proven ability to manage deadlines and multiple priorities. 
• Familiar with a variety of computer software applications including Microsoft Office products (Word, Excel, Outlook, PowerPoint), Agency Management System experience, and accounting systems/software (QuickBooks).
• Ability to travel to acquired organizations and offices as needed.

EDUCATION AND EXPERIENCE REQUIREMENTS:

• Education requirement: Bachelor’s degree in Accounting, Finance or related degree, preferred.
• 2 years of progressive accounting/finance experience, preferred, in insurance, financial services or related field. 

WORKING CONDITIONS/PHYSICAL DEMANDS

Work environment characteristics and physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. 

While performing the duties of this job, the employee is occasionally required to stand; walk; sit; use hands to finger, handle, or feel objects, tools or controls; reach with hands and arms; climb stairs; balance; stoop; kneel, crouch or crawl; talk or hear; taste or smell. The employee must occasionally lift and/or move up to 25 pounds. Specific vision abilities required by the job include close vision, distance vision, color vision, peripheral vision, depth perception, and the ability to adjust focus. While performing the duties of this job, the employee is not exposed to weather conditions. The noise level in the work environment is usually moderate.