Insurance Accounting Senior Associate

Posted 28 Days Ago
Be an Early Applicant
Brentwood, TN, USA
In-Office
Senior level
Insurance
The Role
Processes and reconciles high-volume ACH, wire, EFT, credit card, and other cash receipts. Identifies and resolves unapplied cash, reconciles payment batches and accounting entries, maintains payment logs, processes returned EFTs, approves outgoing ACH payments, and documents transactions. The role collaborates with accounting, collections, payables, treasury, and operations teams while monitoring inquiries and meeting service-level deadlines.
Summary Generated by Built In

ABOUT US

At HUB International, we are a team of entrepreneurs. We believe in empowering our clients, and we do so by protecting businesses and individuals in our local communities. We help businesses evaluate their risks and develop solutions tailored to their needs. We believe in empowering our employees. As a global firm, we offer employees resources in both technology and industry expertise, but we still maintain the local flavor of our offices. Our structure enables our teams to maintain their own unique, regional culture while leveraging support and resources from our corporate centers of excellence.

HUB is a global insurance and employee benefits broker, providing a boundaryless array of property, casualty, risk management, life and health, employee benefits, investment and wealth management products and services. With over 20,000 employees in more than 650 offices throughout North America, HUB has grown substantially, in part due to our industry leading success in mergers and acquisitions.


About the position:

The Carrier Payable Accounting Senior Associate is a critical role processing cash disbursements, reconciling carrier statements and managing discrepancies. Collaboration and effective communication are key to completing their assignments. Senior Accounting Associates recognize the attention to detail when processing their assigned items and work together as a team. They take pride in their impact and ensure that their accuracy and efficiency lead to successful resolution and results for all. They handle both transactional work as well as supporting the accounting associates on their team with any functional questions, training, and similar support. They support the leadership team to ensure the team is performing within the SLAs and internal controls and policies of the SFC (Specialty Finance Center). This position reports to the Insurance Accounting Supervisor.


Responsibilities:

  • Efficiently handle the processing of high-volume invoices, ensuring accuracy and timeliness
  • Prepare and maintain accounting documents that support transactions
  • Research, track and resolve accounting discrepancies and questions
  • Reviewing and verifying the accuracy of supporting documentation as required
  • Ensure compliance with team Key Performance Metrics, internal controls and policies
  • Monitor and analyze the team’s work to develop more efficient procedures and use of resources while maintaining a high level of accuracy
  • Strong desk level understanding of workflows to manage own work, support the team, and deliver training to staff
  • Analyze, research, and resolve complex problems, including root cause analysis of errors, and work with the leadership team to find resolution paths
  • Build and maintain positive working relationships with internal and external clients
  • Contribute to a cooperative team environment, assuming cross functions as necessary to meet department deadlines and goals
  • Collaborate with the SFC leadership team to support overall department goals and objectives
  • Identify and assist with the development and implementation of new procedures and features to enhance the workflows of the department
  • Strong desire to support internal and external customers within the controls and policies of the SFC and HUB
  • Other duties as assigned

Qualifications:

  • Required 3+ years of accounts payable experience
  • High school diploma/GED required (College degree preferred)
  • Excellent attention to detail and accuracy in supporting processing functions
  • Strong organizational skills and ability to prioritize tasks effectively
  • Strong reconciliation experience (bank, checks, etc.)
  • History of balancing multiple priorities with the ability to adapt to the changing needs of the business while meeting deadlines
  • Demonstrated proficiency working with Microsoft Office (Excel)
  • Experience in a shared services accounting environment preferred
  • Insurance brokerage experience preferred

What’s in it for you?

  • A leadership team focused on caring for and developing our team
  • Competitive compensation
  • Hybrid work environment
  • Customizable flexible benefits & company matching RRSP contributions
  • Generous PTO package - vacation time, sick, and paid day off for your birthday – we want to celebrate you!
  • Progressive work environment at a rapidly growing organization
  • Growth potential - HUB is constantly growing and so can your career!
  • Ongoing personal and professional development opportunities
  • Comprehensive wellness programs
  • Customized hands-on training that fosters team building/camaraderie and provides in person support.

JOIN OUR TEAM

Do you believe in the power of innovation, collaboration, and transformation? Do you thrive in a supportive and client focused work environment? Are you looking for an opportunity to help build and drive change in a rapidly growing and evolving organization? When you join HUB, you will be part of a community of learners and doers focused on helping our leaders maximize the potential of their employees.


Department Accounting & Finance

Required Experience: 2-5 years of relevant experience

Required Travel: Negligible

Required Education: High school or equivalent

Equal Employment Opportunity: HUB International Limited is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, protected veteran status, or any other characteristic protected by applicable federal, state, or local law.


Reasonable Accommodations: HUB International Limited is committed to providing reasonable accommodations to qualified individuals with disabilities throughout the application and hiring process. If you need a reasonable accommodation to access our career site, complete an application, or participate in any part of the hiring process, please contact the Recruiting Team at [email protected]. This contact information is for accommodation requests only and should not be used to inquire about the status of an application.


E-Verify: HUB International Limited participates in E-Verify. Please refer to Our Recruiting Process | Applicant Notices: E-Verify Program for additional information.

Skills Required

  • Minimum 3 years of experience in cash application, accounts receivable, or a related accounting operations role
  • High school diploma or GED
  • Experience processing high-volume ACH, wire, EFT, and credit card payments
  • Excellent attention to detail and accuracy in a high-volume, time-sensitive environment
  • Strong organizational skills and ability to prioritize competing daily tasks
  • Proficiency with Microsoft Office and ability to work across multiple accounting and banking platforms
  • Experience in insurance accounting, managing general agency, or financial services environments
  • Clear and professional written and verbal communication skills
  • College degree

HUB International Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about HUB International and has not been reviewed or approved by HUB International.

  • Flexible Benefits — Flexible spending accounts and pre-tax commuter programs are available, alongside a broad menu of voluntary options such as legal plans, accident coverage, and group auto/home insurance.
  • Healthcare Strength — Health, dental, and vision coverage are offered with multiple medical plan options, complemented by life and disability coverage and a dedicated wellbeing program with activities and tools.
  • Retirement Support — A retirement savings plan is provided with a discretionary company match and access to financial planning assistance tools.

HUB International Insights

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The Company
HQ: Chicago, IL
10,055 Employees
Year Founded: 1998

What We Do

Hi, we’re HUB. We advise businesses and individuals on how to reach their goals. When you partner with us, you’re at the center of a vast network of risk, insurance, employee benefits, retirement and wealth management specialists that bring clarity to a changing world with tailored solutions and unrelenting advocacy. So you’re ready for tomorrow. About Hub International Headquartered in Chicago, Illinois, Hub International Limited (Hub) is a leading full-service global insurance broker providing property and casualty, life and health, employee benefits, investment and risk management products and services. From offices located throughout North America, Hub’s vast network of specialists provides peace of mind on what matters most by protecting clients through unrelenting advocacy and tailored insurance solutions.

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