The Cross Family of Agencies welcomes you. We need your talent and expertise.
Position Overview
The Staff Accountant plays a vital role in maintaining the accuracy and integrity of financial records and supporting day-to-day accounting operations for the insurance agency. Reporting directly to the Accounting Manager, this entry-level role is responsible for carrier commission reconciliations, agency/direct bill processing, premium trust account maintenance, bank reconciliations, and supporting month-end close procedures across agency operations.
Key Responsibilities
- Reconcile carrier commission statements (direct bill and agency bill) against policies written to ensure accurate revenue tracking and producer commission splits
- Perform routine bank reconciliations for operating accounts and assist with premium trust account oversight to ensure regulatory compliance and separation of funds
- Prepare and post standard journal entries, record accounts payable transactions, and assist with vendor payments and cash movements between entities
- Assist with month-end close procedures, including expense variance analysis, accruals, and deferral tracking for carrier payables and producer payables
- Support external auditors by gathering documentation for year-end audits or state regulatory filings
Qualifications & Requirements
- Education: Bachelor’s degree in accounting or finance required
- Experience: 0–2 years of accounting experience (relevant internship experience is considered)
- Technical Skills:
- Proficiency in Microsoft Office
- Workday experience is preferred
- Prior exposure to or familiarity with insurance Agency Management Systems such as AMS360, Applied Epic, Salesforce, or EZLynx is a strong plus
- Key Competencies:
- Solid understanding of basic GAAP principles and foundational accounting practices
- Foundational knowledge of insurance billing concepts (Direct Bill vs. Agency Bill, carrier commissions, and producer splits) is preferred
- High attention to detail, organization, and analytical problem-solving skills
- Excellent verbal and written communication skills
- Strong commitment to maintaining internal controls, confidentiality, and internal/external customer service
Skills Required
- Bachelor's degree in accounting or finance
- 0-2 years of accounting experience (relevant internships considered)
- Proficiency in Microsoft Office
- Workday experience
- Familiarity with insurance Agency Management Systems (AMS360, Applied Epic, Salesforce, EZLynx)
- Solid understanding of basic GAAP principles and foundational accounting practices
- Foundational knowledge of insurance billing concepts (Direct Bill vs. Agency Bill, carrier commissions, producer splits)
- High attention to detail, organization, and analytical problem-solving skills
- Excellent verbal and written communication skills
- Commitment to maintaining internal controls, confidentiality, and customer service
What We Do
Cross Insurance is a family owned insurance agency with over 40 branches throughout the Northeast. Established at the kitchen table of Woodrow Cross in 1954, today we have become one of New England’s largest independent insurance intermediaries. In 2023 and 2024 we were named the 2nd Largest Insurance Broker in Massachusetts. Since our founding, we have successfully acquired over 150 operations, increasing our footprint on the Northeast. With over 1,100 employees and counting, our experienced team is ready to provide insurance options for you. - 27th Largest Broker of U. S. Business, Per Business Insurance report ’20 - 2nd Largest Insurance Broker in Massachusetts, per Boston Business Journal ’22, '23, and '24 - Official Insurance Broker of the New England Patriots, Gillette Stadium, the Boston Bruins, the Boston Red Sox, and New England Revolution Four generations later, Cross Insurance is still family owned and operated. Cross Insurance is headquartered in Bangor, Maine.
