Accounting Specialist (Hybrid)

Reposted 11 Days Ago
Be an Early Applicant
Peoria Heights, IL, USA
In-Office
18-23 Hourly
Mid level
Insurance • Financial Services
The Role
The Accounting Specialist manages daily accounting tasks, processes invoices and receipts, maintains accurate records, and aids in month-end closing activities, as well as reconciliation of financial transactions and communication with stakeholders.
Summary Generated by Built In
The Accounting Specialist, AVMA PL is responsible for daily tasks assigned (as listed below) over the AVMA Professional Liability (PL) insurance lines of business. Applying principles of Accounting in order to track and analyze financial information, and to prepare financial reports. Ensure timely and accurate activity and transactions for areas assigned.

Your Impact:

  • Processing daily workflow as assigned over the AVMA PL Accounting areas to ensure service levels and timelines are being met. Specific workflow processes may include a combination of the following:

    • Process daily invoice importing for assigned AVMA PL accounting lines of business. Reviewing accounts for accuracy and complete information before posting batches. Complete balancing to source documents.

    • Process daily cash receipt imports from various sources, including reconciling receipts from source documents/reports to bank activity, and posting to the accounts system and general ledger.

    • Process physical check deposit for payments mailed directly to the office. Remote check scanner will be used, detailed tracking and reconciliation to the bank and general ledger systems for accuracy.

    • Coordinate check requests as required from policy admin systems for carrier, customer, and/or broker payments required for your assigned areas in a timely manner.

    • Ongoing processing of Direct Bill commission payments owed from carriers for policies which the insureds pay to the carrier directly. Ability to reconcile detailed transactions to compare to payments received from carriers, notice discrepancies, and follow up to ensure timely payment from carriers.

    • Responsible for coordinating and reviewing Accounts Receivable reports for unusual or possible missing transactions, working with the Accounting Supervisor, PL to correct transactions if necessary.

  • Assist the Accounting Supervisor, AVMA PL with ensuring all accounting records are properly and timely recorded for Month end processing.

  • Record journal entries as needed relating to assigned accounts. Responsible for reconciling various general ledger accounts and investigating differences that may arise.

  • Prepare balance sheet reconciliations, including various bank accounts as assigned, in a timely manner.

Successful Candidates Will Have:

  • Associate’s degree in Accounting or Finance, or a related field preferred

  • 3+ years of related accounting experience dealing with recording financial transactions, reviewing, analyzing, and interpreting financial data; or equivalent combination of education and experience.

  • Strong interpersonal skills with a proven ability to interface effectively at all levels within an organization.

  • Strong technical skills, including financial accounting and reporting systems.

  • Excellent verbal and written communication skills, with ability to effectively interact with all levels of employees both internally and externally.

  • Ability to multi-task and prioritize based upon business and departmental needs.

One80 Intermediaries is part of Arrowhead Intermediaries, a global insurance distribution platform that offers deep specialization, scale, and innovation across wholesale brokerage, program administration, and specialty insurance. With more than 7,000 professionals worldwide and a collective portfolio exceeding $18 billion in premium placed in 2024, our combined organization delivers a diverse trading platform for insurance carriers as well as expanded access and niche solutions for brokers and customers navigating complex and hard-to-place risks. The platform combines entrepreneurial culture with operational excellence to deliver tailored solutions and long-term value across the insurance ecosystem.  For more information, please visit one80.com.

Pay Range:

$21.35 - $23.00 Hourly

The pay range provided above is made in good faith and based on our lowest and highest annual salary or hourly rate paid for the role and takes into account years of experience required, geography, and/or budget for this role.

One80 Intermediaries is an equal opportunity workplace and is committed to ensuring equal employment opportunity without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, Veteran status, or other legally protected characteristics.

Learn more about working at One80 Intermediaries by visiting our careers page: www.one80.com/careers.

Personal information submitted by California applicants in response to a job posting is subject to One80's  California Job Applicant Privacy Notice .

Skills Required

  • Associate's degree in Accounting or Finance, or a related field
  • 3+ years of related accounting experience
  • Strong interpersonal skills
  • Strong technical skills in financial accounting
  • Excellent verbal and written communication skills
  • Ability to multi-task and prioritize
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The Company
Boston
418 Employees
Year Founded: 2019

What We Do

One80 Intermediaries is a privately held firm with offices throughout the US and Canada. As a leading insurance wholesaler and program manager, the company offers placement services and binding authority for property and casualty, life, travel/accident and health, affinity and administrative services and warranty business. One80 serves commercial companies, non-profits, public entities, individuals and associations and unions, and has access to all major insurance markets in the US, Canada and UK. One80 has offices in more than 55 locations in the US and Canada. For more information visit www.one80intermediaries.com With expertise in marine, transportation, property, casualty, financial lines, medical stop loss, personal lines, travel/accident and health, life insurance and warranty coverage we provide in-house binding authority and access to market leading carriers on both sides of the Atlantic. One80 serves commercial companies, non-profits, public entities and individuals, and has access to all major insurance markets in the US, UK and Canada. One80 has offices in 46 locations nationwide including Boston, New York City, Chicago, Cleveland, Cincinnati, Miami, Atlanta, Houston, Dallas, San Antonio, Omaha, Mountain View, Philadelphia, San Diego, Seattle, Toronto, and Montreal

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