Accounting Operations Associate

Job Description

Accounting Operations Associate

Location/Schedule: Cockeysville MD (Full-time in-office for the first 90 days with potential to transition to a hybrid schedule afterward.)
Salary: $55000$75000

A well-established independent insurance brokerage is seeking an Accounting Operations Associate to support its accounting department and day-to-day financial operations. This individual will play an important role in managing payment communications processing carrier and vendor payments reconciling accounts and ensuring accurate and timely financial transactions.

Key Responsibilities

• Manage the accounting departments shared inbox and respond to payment-related inquiries from insurance carriers and premium finance companies.

• Process daily carrier and vendor payments via checks ACH transfers and wire transfers.

• Review carrier statements premiums and commission calculations across multiple policies.

• Review and import positive pay files to support payment accuracy and fraud prevention.

• Reconcile accounts and ensure accurate timely remittance to insurance carrier partners.

• Partner with account executives to research and resolve billing discrepancies.

• Provide guidance to service teams on billing procedures and payment resolutions.

• Verify the accurate handling and payment of taxes including determining whether taxes are paid by the brokerage or the insurance carrier.

• Process premium refunds to insureds.

Qualifications

• Associate degree or equivalent combination of education training and relevant experience.

• Prior experience with an insurance brokerage or insurance company is preferred.

• Familiarity with insurance agency management systems particularly Applied Epic is a plus.

• Proficiency in Microsoft Office especially Excel.

• Strong technical skills with the ability to analyze financial data review system reports and identify discrepancies.

Compensation & Benefits

• Salary: $55000$75000 depending on experience.

• Medical dental and vision insurance.

• 401(k) plan with immediate vesting.

• Paid parental leave eligibility after one year of employment.

• Additional employee benefits and opportunities for professional growth.

#LI-ET1

Required Experience:

IC