Acrisure

Job Title: Specialist - Producer and Broker Payables - Platform Accounting

Department: Acrisure Business Services

About Acrisure

Acrisure is a global Fintech leader that combines the best of humans and high tech to offer multiple financial products and services to millions of businesses and individual clients. We connect clients to solutions that help them protect and grow what matters, including Insurance, Reinsurance, Cyber Services, Mortgage Origination and more.

Acrisure employs over 17,000 entrepreneurial colleagues in 21 countries and have grown from $38 million to $4.3 billion in revenue in just over ten years. Our culture is defined by our entrepreneurial spirit and all that comes with it: innovation, client centricity and an indomitable will to win.

Job Summary:

We are currently looking to add to our team with an exciting opportunity as a Specialist in Producer and Broker Payables, Platform Accounting. As a Producer and Broker Payables Specialist, you will work closely with the Supervisor, becoming an expert in the producer and broker compensation process, ensuring accurate and timely payments. You will also play a pivotal role working closely with various internal departments and external stakeholders, contributing to the overall financial operations of the company. This role requires a strong understanding of insurance industry practices, exceptional attention to detail, strong analytical skills, and the ability to meet deadlines.

Responsibilities:

• Strong understanding of producer and broker payable operations, ensuring accurate and timely completion of commission and bonus payments. Demonstrates ability to provide guidance or training to another employee.
• Monitor, review and approve producer and broker payable transactions, including commissions, bonuses, and other related payments.
• Collaborate with internal departments, such as accounting, sales, and human resources, to gather necessary information and resolve any payment-related issues.
• Assist in the development and enhancements of the producer and broker compensation process through streamlining tasks and improving efficiency.
• Develop and maintain strong relationships with agency partners, producers and brokers, addressing inquiries and resolving producer and broker discrepancies in a professional and timely manner.
• Stay up-to-date and in compliance with industry regulations and best practices. Implementing and maintaining producer and broker payment policies, procedures, and controls to ensure compliance with regulatory requirements and company guidelines.
• Identifies potential financial risks and raises these issues, along with suggested solutions, to manager.
• Identifies, tests, and implements process improvement opportunities.
• Participate in special projects and initiatives as assigned, demonstrating flexibility and adaptability in a fast-paced environment.
• Assist in orienting and training lower-level employees.
• Completes higher volume of tasks and demonstrates ability to navigate complex processes.
• Understands and adheres to Acrisure’s accounting best practices.

Qualifications:

• Exceptional attention to detail and accuracy, with the ability to analyze complex financial data.
• Shows initiative to complete work without the prompting of others.
• Strong organizational and time management skills, with the ability to prioritize tasks and meet deadlines.
• Excellent communication and interpersonal skills, with the ability to build and maintain relationships with agency partners, carrier partners and internal stakeholders.
• Ability to work independently as well as collaboratively in a team-oriented environment.
• Solid problem-solving and decision-making abilities, with a proactive approach to identifying and resolving issues.

Education/Experience:

• 2 years of insurance accounting experience in processing payments or commissions to sales individuals required.
• Excellent knowledge of insurance products, sales processes, and commission structures as well as knowledge of producer and broker payment processes, including commissions and bonus calculations.
• Must have experience working cash application or accounts receivable functions.
• Familiarity with insurance agency management systems and processes helpful
• Proficient in using agency management system software and Microsoft office applications.
• Bachelor's degree in accounting, finance, or a related field (preferred)

Benefits & Perks:

Competitive Compensation

Industry Leading Healthcare

Savings and Investments

Charitable Giving Programs

Offering hybrid work option

Opportunities for Growth

Parental Leave

Generous time away

Acrisure is committed to making an impact in our communities by giving back, with millions committed to children’s health with Helen Devos Children’s Hospital and UPMC Children's Hospital of Pittsburgh.

For more, visit www.Acrisure.com or learn more here.

Acrisure is committed to employing a diverse workforce. All applicants will be considered for employment without attention to race, color, religion, age, sex, sexual orientation, gender identity, national origin, veteran, or disability status. California residents can learn more about our privacy practices for applicants by visiting the Acrisure California Applicant Privacy Policy available at www.Acrisure.com/privacy/caapplicant.

To Executive Search Firms & Staffing Agencies: Acrisure does not accept unsolicited resumes from any agencies that have not signed a mutual service agreement. All unsolicited resumes will be considered Acrisure’s property, and Acrisure will not be obligated to pay a referral fee. This includes resumes submitted directly to Hiring Managers without contacting Acrisure’s Human Resources Talent Department.