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Insurance Accountant
Careers Chicago, IL
$109k-135k (estimate)
Full Time 3 Days Ago
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Careers is Hiring an Insurance Accountant Near Chicago, IL

Who We Are

NFP is a seven-time Best Places to Work award winner in Business Insurance who has also earned the 5-Star Diversity, Equity and Inclusion (DEI) award from Insurance Business magazine and the WORK180 employer endorsement. We’re a recognized Elite Agency award winner and a leading property and casualty broker, benefits consultant, wealth manager, and retirement plan advisor. NFP provides solutions enabling client success through the expertise of over 7,000 global employees, investments in innovative technologies, and enduring relationships with highly rated insurers, vendors and financial institutions. To learn more, please visit: https://www.NFP.com.

Summary:

The Staff Accountant will be a member of NFP’s Corporate Accounting and Finance Department, reporting to VP, Firm Finance Director. They will be responsible for assisting NFP firms on all accounting activities of the business including accurate and timely reporting of financial information, including monthly financial results and balance sheets, budgets and analyses of the monthly results. The Staff Accountant’s responsibilities may also include corporate consolidation activities, generation of internal financial reporting, and reviews of new acquisitions and contingent payments. The Staff Accountant will need to establish and maintain good communications with firms and other departments.

Summary:

The Insurance Accountant role provides business accounting and general bookkeeping support for fast-paced specialty programs utilizing the agency management system called IMS. Primary responsibilities will focus on General Ledger accounting, including Accounts Payable and Accounts Receivable, and cash account management. The role will report directly to the Accounting Manager.

Essential Duties and Responsibilities: To perform this job successfully, the individual must be able to execute each essential duty satisfactorily.

Responsibilities:

  • Accounts Receivable – manage and analyze A/R reports, including aging reports, reconciling statements, and reviewing and processing return premiums.
  • Company Payables – reconcile company payable statements/invoices and record disbursements
  • Cash management – bank reconciliations
  • Conduct billing, payment, and reporting activities within specific deadlines
  • Document accounting procedures and policies
  • Additional projects as assigned by management

Knowledge, Skills, and/or Abilities:

Required Knowledge

  • Microsoft Office Suite - Proficient
  • Microsoft Excel – Above Average Proficiency
  • Experience with various accounting software
  • Proficient in working in web-based applications
  • Proficient with research

Required Skills or Abilities

  • Excellent verbal and written communication skills
  • Self-starter, self-motivator, ability to work independently
  • Ability to be flexible and switch from one project to another when needed to meet deadlines
  • Strong attention to detail
  • Organizational and time management skills
  • Maintain confidentiality
  • Problem solving skills
  • Confident, team player who can help refine and expand this role over time

Education and/or Experience:

  • 4-year (Bachelor’s) Degree in Accounting is preferred, finance and other business disciplines considered
  • Company Payables / Receivables experience required
  • Microsoft Excel proficiency required
  • Insurance agency experience is a plus
  • Experience using an Agency Management System (IMS preferred, EPIC, AIM are highly desired)

What We Offer

We're proud to offer a competitive salary, PTO & paid holidays, 401(k) with match, exclusive discount programs, health & wellness programs, and more. Our PeopleFirst culture focuses on building and nurturing lifelong relationships with our employees because, at the end of the day, we exist to be there for others.

NFP and You... Better together!

NFP is an inclusive Equal Employment Opportunity employer.

Job Summary

JOB TYPE

Full Time

SALARY

$109k-135k (estimate)

POST DATE

06/01/2024

EXPIRATION DATE

07/31/2024

WEBSITE

careersinc-pr.com

HEADQUARTERS

BIRMINGHAM, ENGLAND

SIZE

100 - 200

FOUNDED

2005

CEO

MUKESH PATEL

REVENUE

$5M - $10M

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The following is the career advancement route for Insurance Accountant positions, which can be used as a reference in future career path planning. As an Insurance Accountant, it can be promoted into senior positions as a Bookkeeping Manager that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Insurance Accountant. You can explore the career advancement for an Insurance Accountant below and select your interested title to get hiring information.