Senior Acquisition Process Integration Analyst

Role Description

As the Senior Analyst of Transactional Accounting Process Integration at Arthur J. Gallagher, you will play a pivotal role in ensuring the seamless transition of transactional accounting functions. This includes:

• Banking
• Cash application
• Special handling
• Payables (premium, broker, SLT)
• Premium billing
• Direct bill commission processing

This role is instrumental in enabling operational excellence and supporting sustainable growth by ensuring the effective integration of transactional accounting functions across the organization.

Key Responsibilities

• Integration Planning and Strategy:
  • Develop comprehensive integration plans for transactional accounting functions that align with the company’s strategic objectives and operational requirements.
  • Collaborate with cross-functional teams to define integration milestones, timelines, and resource needs.
• Financial Impact Assessment:
  • Conduct detailed financial analyses to evaluate the impact of integration activities on banking, cash application, special handling, premium billing, and commission billing processes.
  • Partner with NAC teams (Accounts Receivable, Billing, Accounts Payable, Senior Leadership Team) to ensure a smooth transition with proper controls in place.
• Special Handling:
  • Manage the integration of special handling processes for cash applications, direct bill commission posting, premium, broker commission, & SLT payables.
  • Ensure compliance with Corporate Finance Policy and industry standards while implementing robust controls and reporting mechanisms to mitigate fraud risks.
• Cash Application and Reconciliation:
  • Lead the integration of cash application processes, documenting special handling procedures and ensuring the Accounts Receivable team is well-prepared.
  • Develop automated cash reconciliation procedures to enhance efficiency and accuracy, reducing manual intervention and minimizing discrepancies.
• Payables Management for Premiums, Commissions, and Claims:
  • Streamline payables management processes for premium payments, commissions, and claims settlements.
  • Optimize carrier relationships and payment terms while developing standardized workflows and approval processes to improve transparency and control.
• Premium Billing and Direct Bill Commission Billing:
  • Oversee the integration of premium billing and direct bill commission billing processes, ensuring accuracy and timeliness in invoicing and commission payments.
  • Collaborate with insurance carriers and brokers to reconcile premium accounts and commission statements, resolve discrepancies, and ensure compliance with contractual agreements.
• Stakeholder Engagement and Communication:
  • Act as a key liaison between accounting teams, business units, insurance carriers, brokers, and external partners throughout the integration process.
  • Communicate integration objectives, progress updates, and potential risks to stakeholders, fostering collaboration and alignment.
• Change Management and Training:
  • Develop change management strategies to prepare NAC teams for the transition.
  • Provide training and support to transactional teams and operational staff on new processes, systems, and controls introduced during the integration.

Qualifications

• Bachelor’s Degree in Accounting or Finance and 7 years of accounting project experience.
• 10% - 35% travel required.
• Proficient in Microsoft Excel and Word.
• Requires specialized depth and/or breadth of expertise.

Requirements

• Bachelor’s degree in Accounting, Finance, Business Administration, or a related field; CPA or equivalent certification preferred.
• Minimum of 7 years of experience in transactional accounting roles within the insurance brokerage or financial services industry, with a focus on premium & broker payables and commission processing.
• Comprehensive knowledge of insurance accounting principles, regulatory requirements, and industry best practices.
• Proven track record of leading successful integration projects, with strong project management and change management expertise.
• Exceptional analytical and problem-solving skills.
• Excellent communication and interpersonal abilities, with the capacity to engage and influence stakeholders across all organizational levels.
• Ability to work independently and collaboratively within a team environment.
• Strong organizational and time management skills to prioritize tasks and meet deadlines effectively.
• Willingness to travel as needed to acquisition partners and corporate headquarters.
• Proficiency in accounting software and Microsoft Office applications.

Benefits

• Medical/dental/vision plans, which start from day one!
• Life and accident insurance
• 401(K) and Roth options
• Tax-advantaged accounts (HSA, FSA)
• Educational expense reimbursement
• Paid parental leave
• Digital mental health services (Talkspace)
• Flexible work hours (availability varies by office and job function)
• Training programs
• Gallagher Thrive program – elevating your health through challenges, workshops and digital fitness programs for your overall wellbeing
• Charitable matching gift program
• And more...