Keller Executive Search is recruiting for a newly launched insurance brokerage that is establishing its accounting and fiduciarycontrol foundation This is a rare opportunity to build a function rather than inherit a mature process The successful candidate will become the internal authority on brokerage accounting premium trust activity financial reporting and agency management system workflowsReporting to a finance and investments leader you will own periodclose reconciliation between the agency management system and the parent organizations ERP oversee an outsourced bookkeeping provider and execute carrier remittances and earned commission releases During implementation you will shape accounting flows manage parallel system operation and help transition the agency management system into the transaction system of recordThis handson individualcontributor role offers substantial autonomy and visibility within a small developing brokerage team You will create repeatable controls safeguard fiduciary funds maintain accurate reporting and establish processes that can support future growth It is an excellent opportunity for an insurance accounting professional who wants to own outcomes and influence how a new function operatesKey ResponsibilitiesOwn periodclose accounting reconciliations and financial reporting routines for the brokerageMonitor premium trust and operating bank accounts process deposits and maintain complete supporting documentationReview bookkeeperprepared payment instructions and execute accurate timely carrier remittancesValidate earned commission releases and initiate approved transfers from trust to operating accountsServe as the primary liaison to the outsourced bookkeeping provider setting workflows and resolving discrepanciesLead accountingflow implementation within the agency management system and serve as its internal accounting subjectmatter expertManage parallel operation of the agency management system and ERP including periodclose reconciliation and signoffReview export packages and post summarized GAAP journal entries to the ERP following system cutoverReview balance sheets income statements aged premium receivables carrier payables and producer commission reportsFollow up on overdue premiums and investigate unmatched duplicate and timingrelated transactionsMaintain fiduciary records and controls supporting applicable state requirements and examination readinessPrepare applicable surpluslines filings affidavits payments and supporting recordsProtect confidential client and policy information throughout accounting and reporting processesRequirementsEssentialBachelors degree in Accounting Finance Business Economics or a closely related fieldAt least three years of insurance agency accounting insurance trust accounting or brokerage financialoperations experienceInsurancesector background with practical knowledge of intermediary transactions and terminologyWorking knowledge of agency management system accounting including agencybilled and directbilled workflows trust ledgers bank reconciliation and commission recordingHandson ownership of monthend close bank and subledgertogeneralledger reconciliations and GAAP financialstatement reviewAbility to work independently as the accountable accounting owner within a small developing functionStrong attention to detail process discipline organization and professional communicationThis is an onsite positionPreferredExperience managing premium trust accounts carrier remittances commission releases and fiduciary complianceInsurance brokerage or agency accounting experienceAccountingmodule experience with AMS360 or a comparable agency management systemExperience implementing converting or running an agency management system in parallel with an ERPExperience coordinating and reviewing an outsourced bookkeeping or accounting providerKnowledge of surpluslines filings and state insurance recordkeeping requirementsProficiency with online banking platforms ACH origination and electronic payment processingSAP experienceBenefitsBase salary of 85000 with flexibility up to 100000 commensurate with experienceShortterm incentive program401k plan Healthcare coverageAgency statementKeller is a recruitment agency that provides services to clients ranging from startups and non profits to multinational corporations Keller emphasizes ethical search processes attentive candidate care and leadership placements that support longterm client outcomesTo learn more about the firm and about our candidate services please visit our websiteEqual Opportunity policyEqual Employment Opportunity and NonDiscrimination PolicyEqual Employment Opportunity Statement Both Keller Executive Search and our clients are Equal Opportunity Employers For all positions whether with Keller Executive Search or our clients qualified applicants will receive consideration for employment without regard to race skin color religion sex sexual orientation gender identity gender expression national origin
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