FCIC & Escrow Reconciliation Analyst

Sompo has a unique opportunity for an FCIC & Escrow Reconciliation Analyst in our Finance Department.

This position is responsible for the daily and monthly reconciliation of escrow and loss accounts associated with the Federal Crop Insurance Corporation (FCIC), ensuring all activity is recorded accurately and in compliance with requirements established by the Risk Management Agency (RMA) of the U.S. Department of Agriculture. The role provides critical support to the Financial Reporting and Financial Planning & Analysis (FP&A) teams by producing reliable reconciliations, cash activity support, and regulatory data used for month end close, financial statements, forecasting, and variance analysis. Responsibilities include oversight and execution of key banking and payment controls such as positive pay administration, ACH file uploads, and regulatory reporting, as well as responding to audit and compliance inquiries. The position requires strong attention to detail, the ability to meet strict deadlines, and close collaboration with accounting, compliance, treasury, and operations teams to maintain financial accuracy, transparency, and control integrity.

Location: This position will be based out of our Topeka, KS and Lenexa, KS offices. We strive for collaboration which is why we offer a work environment where our employees thrive and develop long lasting careers.

Our Business, Your Impact, Our Opportunity

What you’ll be doing:

• Perform daily and monthly reconciliations of FCIC escrow and loss accounts to ensure accuracy and compliance with federal crop insurance requirements.
• Leverage AI enabled tools to assist with identifying anomalies, trends, and recurring reconciling items within FCIC escrow, loss accounts, and related RMA reports, improving accuracy and timeliness of reconciliations while maintaining human review and control.
• Investigate, document, and resolve reconciling items, escalating issues as appropriate.
• Maintain reconciliation support and audit ready documentation.
• Upload daily positive pay files to the bank and review, research, and resolve any exceptions.
• Upload ACH files for claim payments and commission payments in accordance with established controls and timelines.
• Coordinate with internal stakeholders and banking partners to resolve payment or file issues.
• Assist with reconciliations to RMA reports, including identifying and researching variances.
• Support validation and submission of IRS 1099 forms, including data review, issue resolution, and coordination with internal and external partners.
• Ensure adherence to internal controls, compliance standards, and regulatory deadlines.
• Provide internal and external customer service via phone and email related to payments, reconciliations, and reporting questions.
• Respond to inquiries in a professional, timely, and service oriented manner.
• Support process improvement initiatives by identifying recurring issues or inefficiencies.
• Various other duties, as assigned.
  
  

What You’ll Bring

• Finance or Accounting degree or similar related field is required.
• Minimum 2 years of experience in accounting, financial operations, reconciliations, or banking support preferred.
• Advanced MS Excel skills.
• Crop Insurance experience or Agricultural Background.
• Previous track record of implementing technological efficiencies in the finance and accounting realm preferred.
• Strong attention to detail and the ability to perform complex functions.
• Communicate clearly, openly, and effectively with internal and external customers both verbally and in writing.
• Demonstrated interest in or experience using AI enabled tools to enhance analysis, documentation, or process efficiency in a controlled and compliant environment.
• Demonstrated ability to work cross functionally on identifying process efficiencies and cost saving opportunities.
• Strong ability to work independently and as a team.
• Exceptional analytical and problem-solving skills.
• Ability to provide excellent customer service and develop strong working relationships with internal and external customers.
• Work effectively in a fast-paced environment.
• Promote a positive corporate image within the Company and while in public.
• Proficient in researching and understanding RMA guidelines and requirements.
• Bring an innovative mindset to address daily issues.
  
  

At Sompo, we recognize that the talent, skills, and commitment of our employees drive our success. This is why we offer competitive, high-quality compensation and benefit programs to eligible employees.

Our compensation program is built on a foundation that promotes a pay-for-performance culture, resulting in higher incentive awards, on average, when the Company does well and lower incentive awards when the Company underperforms. The total compensation opportunity for all regular, full-time employees is a combination of base salary and incentives that gets adjusted upfront based on overall Company performance with final awards based on individual performance.

Summary

We continuously evaluate and update our benefit programs to ensure that our plans remain competitive and meet the needs of our employees and their dependents. Below is a summary of our current comprehensive U.S. benefit programs:

• Two medical plans to choose from, including a Traditional PPO & a Consumer Driven Health Plan with a Health Savings account providing a competitive employer contribution.
• Pharmacy benefits with mail order options.
• Dental benefits including orthodontia benefits for adults and children.
• Vision benefits.
• Health Care & Dependent Care Flexible Spending Accounts.
• Company-paid Life & AD&D benefits, including the option to purchase Supplemental life coverage for employee, spouse & children.
• Company-paid Disability benefits with very competitive salary continuation payments
  
  

401(k) Retirement Savings Plan with competitive employer contributions.

• Competitive paid-time-off programs, including company-paid holidays.
• Competitive Parental Leave Benefits & Adoption Assistance program.
• Employee Assistance Program.
• Tax-Free Commuter Benefit.
• Tuition Reimbursement & Professional Qualification benefits.
  
  

In today’s world, what do we stand for?

Ethics and integrity are the foundation of delivering on our commitment to you. We believe that core values drive success, and that when relationships are held in the highest regard, there is nothing that cannot be accomplished. At Sompo, our ring is more than a logo, it is a symbol of our promise. Click here to learn more about life at Sompo.

Sompo is an equal opportunity employer and we intentionally value inclusion and diversity. Above all, we want you to work in an environment that respects everyone’s unique contributions – we are passionately committed to equal opportunities. We do not discriminate based on race, color, religion, sex orientation, national origin, or age.