Position Summary:
The Premium Accounting Manager is responsible for working with the Premium Accounting Director to manage the fiduciary accounting duties related to RS’s brokerage and delegated authority business. Customer service is of the utmost importance, and this position requires diplomatic interaction with internal and external customers to ensure accuracy and satisfaction.Location:
Remote - United KingdomWhat will your job entail?
Job Responsibilities:
• Maintain consistent operations of Premium Accounting department.
• Initiate improvements to Premium Accounting policies, controls, and procedures
• Provide support and project work to the Premium Accounting Director and upper management as needed.
• Lead Premium Accounting functions in resolving issues and maintaining customer service standards.
• Offer guidance on both underwriting and insurance accounting related matters to brokerage and processing departments.
• Reacts quickly with limited information to make informed decisions on accounting or company matters.
• Ability to apply comprehensive insurance knowledge and detailed analysis to resolve both underwriting and accounting operational issues.
• Speaks confidently to provide department leadership decisions.
• Supervise conversions and bridge testing for new acquisitions including accounting transition responsibilities.
• Manage and review department system automation endeavors included but not limited to AIM, ImageRight, CARL, and Concept One
• Support and train Accounting Team Supervisors
• Review and mitigate any advance or write off request to reduce the company’s financial exposure.
• Collaborate with front office producers and back-office department directors for situational resolution.
• Perform special projects and other relevant duties as assigned.
Work Experience and Education:
• Demonstrable experience in premium accounting role
• 3 years of experience in management ideally
Skills:
Technical/Functional Skills:
• Customer Service
• Accounting
• Payment Reconciliation
• Financial Analysis and Reporting
• Knowledge of GAAP (Generally Accepted Accounting Principles)
• Insurance Policy Review
• Loss Sensitive programs
• Business Process Improvement
• Microsoft Office
Behavioral Skills:
• Collaboration
• Attention to Detail
• Interpersonal
• Communication
• Presentation
• Problem Solving
• Analytical Thinking
Disclaimer
Ryan Specialty is an Equal Opportunity Employer. We are committed to building and sustaining a diverse workforce throughout the organization. Our vision is an inclusive and equitable workplace where all employees are valued for and evaluated on their performance and contributions. Differences in race, creed, color, religious beliefs, physical or mental capabilities, gender identity or expression, sexual orientation, and many other characteristics bring together varied perspectives and add value to the service we provide our clients, trading partners, and communities. This policy extends to all aspects of our employment practices, including but not limited to, recruiting, hiring, discipline, firing, promoting, transferring, compensation, benefits, training, leaves of absence, and other terms, conditions, and benefits of employment.
Skills Required
- Demonstrable experience in premium accounting
- Management experience (3 years ideal)
- Knowledge of GAAP (Generally Accepted Accounting Principles)
- Payment reconciliation experience
- Financial analysis and reporting experience
- Insurance policy review experience and knowledge of loss sensitive programs
- Business process improvement experience
- Experience with AIM, ImageRight, CARL, and Concept One (or similar systems)
- Proficiency with Microsoft Office
- Strong customer service, communication, collaboration, problem solving, and attention to detail
What We Do
Ryan Specialty (NYSE: RYAN) is an international specialty insurance firm that provides distribution, underwriting, product development, administration and risk management services by acting as a wholesale broker and a managing underwriter. Our mission is to provide industry-leading innovative specialty insurance solutions for insurance brokers, agents and carriers. Ryan Specialty was founded in 2010 by Patrick G. Ryan, the widely respected insurance veteran, founder and former Chairman and CEO of Aon Corporation. Mr. Ryan saw the need in the marketplace for a specialty organization dedicated exclusively to creating sophisticated insurance solutions for risks that demand innovation, proven leadership, outstanding industry expertise and quality services on behalf of brokers, agents and carriers. For more information about Ryan Specialty, visit our website at ryansg.com. Ryan Specialty is an Equal Opportunity Employer. We are committed to building and sustaining a diverse workforce that is reflective of society throughout the entirety of the organization. Our vision is an inclusive and equitable workplace where all employees are valued and evaluated on their performance and contributions. Differences in race, creed, color, religious beliefs, physical or mental capabilities, gender identity or expression, sexual orientation, and many other characteristics bring together varied perspectives and add value to the service we provide our clients, trading partners, and communities. This policy extends to all aspects of our employment practices, including but not limited to, recruiting, hiring, discipline, firing, promoting, transferring, compensation, benefits, training, leaves of absence, and other terms, conditions and benefits of employment.
