Insurance Accountant

Posted 2 Days Ago
Be an Early Applicant
Harrisburg, PA
Junior
Insurance
The Role
Responsible for managing insurance premiums and commissions, ensuring compliance with GAAP accounting principles, and handling inquiries related to insurance transactions. Tasks include timely reporting, reconciliation of accounts, and maintaining financial controls.
Summary Generated by Built In

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Regular or Temporary:

Regular

Language Fluency:  English (Required)

Work Shift:

1st Shift (United States of America)

Please review the following job description:

Responsible for all lines and types of insurance premiums and commissions, providing accurate accounting and reporting of transactions for insurance services, ensuring financial reporting is in full compliance with GAAP accounting principles. Working with line of business and insurance carriers, brokers and agents to provide timely payment and/or reconciliation of insurance premiums and commissions.

ESSENTIAL DUTIES AND RESPONSIBILITIES
Following is a summary of the essential functions for this job. Other duties may be performed, both major and minor, which are not mentioned below. Specific activities may change from time to time.

  • Work with and resolve inquiries from third party service providers and LOB client service associates associated with these transactions.
  • Provide support and documentation as requested.
  • Ensure the timely, proper and accurate reporting of insurance accounting transactions in a manner consistent with GAAP accounting principles.
  • Assist in special projects as needed.
  • Maintain and work within all appropriate controls to assure compliance with all requirements, including but not limited to security in workflow, handling of checks and other funds, reporting of financial results.
  • Responsible for timely premium accounting and/or commission processing/reconciling of all lines and types of insurance premiums and commissions.
  • Research and resolve aged items due to/from insurance carriers, brokers and agents.

Required Qualifications:
The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

  • Associate degree or equivalent education and related training.
  • Good organizational and interpersonal skills.
  • Ability to communicate effectively with peers, and leaders within the Corporation as well as appropriate individuals external to the Corporation.
  • Demonstrated proficiency in basic computer applications such as Microsoft Office software products.
  • Ability to work without close supervision.
  • General knowledge of insurance transactions and accounting.
  • 2 or more years in an accounting role.

Preferred Qualifications:

  • Prior experience in an insurance accounting role.

General Description of Available Benefits for Eligible Employees of TIH Insurance: All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits, though eligibility for specific benefits may be determined by the division of TIH Insurance offering the position. TIH offers medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax-preferred savings accounts, and a 401k plan to teammates. Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment, along with 10 sick days (also prorated), and paid holidays. For more details on TIH's generous benefit plans, please visit our site. Depending on the position and division, this job may also be eligible for TIH’s defined benefit pension plan, restricted stock units, and/or a deferred compensation plan. As you advance through the hiring process, you will also learn more about the specific benefits available for any non-temporary position for which you apply, based on full-time or part-time status, position, and division of work.

CRC supports a diverse workforce and is an Equal Opportunity Employer that does not discriminate against individuals on the basis of race, gender, color, religion, citizenship or national origin, age, sexual orientation, gender identity, disability, veteran status or other classification protected by law. CRC is a Drug Free Workplace.

EEO is the Law   Pay Transparency Nondiscrimination Provision   E-Verify

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The Company
HQ: Birmingham, Alabama
2,066 Employees
On-site Workplace
Year Founded: 1982

What We Do

CRC Group is one of the largest wholesale insurance distributors in the U.S.

CRC Group consists of three divisions, Commercial Solutions, Group & Individual Solutions, and Specialty Programs. The CRC Group family of brands includes CRC, TAPCO, Insurisk, CRC Programs, 5Star, The ABC Program, Negley, Professional Insurance Concepts, Pro-Praxis, SHU, Target, JH Blades, CRC Voluntary Benefits, Ethos Underwriting Services, and Hanleigh.

CRC Group’s insurance offerings and practice groups range from commercial property, casualty, professional lines, small business, transportation, environmental, construction, energy, healthcare, hospitality, manufacturing & distribution, public entity, and real estate, to personal lines, disability, voluntary benefits, and more.

CRC Group has the largest collection of actionable data in the wholesale business and we are putting it to use to consistently deliver better outcomes and more efficient results for our clients. We leverage data to provide a better client experience through limits benchmarking reports, amendatory endorsements, comparison tools, form review library, and property risk assessment reports. We have unveiled the REDY platform, which uses data and analytics to help clients win. In addition, we offer products exclusively available from CRC Group through our Insurisk brand. Our Claims Advocacy team is another way we strive to enhance the client experience, our dedicated team is ready to assist even after the policy is placed, we are here to help in the event of a difficult claim, as well.

These are just some of the ways CRC Group is placing you first.

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