Estimator - Work from Home

Dental insurance

Health insurance

Cost Accountant – Wholesale Insurance Brokerage

FORAY SPECIALTY is the fastest-growing employee-owned specialty wholesale insurance broker. Our partner markets include a wide variety of MGAs, Surplus Lines Markets, Domestic and International Reinsurers, as well as admitted local carriers. We are seeking a highly analytical Cost Accountant to join our finance team and support the operational and financial performance of our wholesale insurance brokerage. This role is responsible for analyzing operating costs, reconciling commission revenue, and developing cost‑allocation models that help leadership understand profitability across teams, product lines, and carrier relationships. The ideal candidate brings strong accounting skills, insurance industry knowledge, and the ability to translate financial data into actionable insights.

Perform detailed cost analysis across departments, brokerage teams, and product lines, including direct and indirect operating expenses

Develop and maintain cost‑allocation models for policy processing, underwriting support, technology systems, and producer compensation

Review and validate premium flow‑through accounting, ensuring accurate separation of pass‑through premiums and earned revenue

Assist with payable and receivable reconciliations, identifying discrepancies and coordinating resolution with internal teams

Prepare monthly and quarterly cost‑related financial reports, schedules, and variance analyses

Support internal, external, and regulatory audits by providing documentation and analysis related to costs, commissions, and premium activity

Contribute to annual budgeting and forecasting processes, including cost modeling and scenario analysis

Identify opportunities to improve operational efficiency, reduce costs, and enhance margin performance

Collaborate with underwriting, operations, and leadership to understand workflow costs and productivity metrics

Bachelor’s degree in Accounting, Finance, or related field

2–5 years of experience in cost accounting, financial analysis, or insurance accounting

Experience in wholesale insurance, surplus lines, or brokerage operations preferred

Strong proficiency in Excel (pivot tables, lookups, modeling)

Strong analytical skills, attention to detail, and ability to work with large data sets

Flexible work from home options available.