The posting
About Acrisure
A global fintech leader, Acrisure empowers millions of ambitious businesses and individuals with the right solutions to grow boldly forward. Bringing cutting-edge technology and top-tier human support together, we connect clients with customized solutions across a range of insurance, reinsurance, payroll, benefits, cybersecurity, mortgage services – and more.
In the last twelve years, Acrisure has grown in revenue from $38 million to almost $5 billion and employs over 19,000 colleagues in more than 20 countries. Acrisure was built on entrepreneurial spirit. Prioritizing leadership, accountability, and collaboration, we equip our teams to work at the highest levels possible.
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)
Candidates should be comfortable with an on-site presence to support collaboration, team leadership, and cross-functional partnership.
Why Join Us:
At Acrisure, we’re building more than a business, we’re building a community where people can grow, thrive, and make an impact. Our benefits are designed to support every dimension of your life, from your health and finances to your family and future.
Making a lasting impact on the communities it serves, Acrisure has pledged more than $22 million through its partnerships with Corewell Health Helen DeVos Children's Hospital in Grand Rapids, Michigan, UPMC Children's Hospital in Pittsburgh, Pennsylvania and Blythedale Children's Hospital in Valhalla, New York.
Employee Benefits
We also offer our employees a comprehensive suite of benefits and perks, including:
- Physical Wellness: Comprehensive medical insurance, dental insurance, and vision insurance; life and disability insurance; fertility benefits; wellness resources; and paid sick time.
- Mental Wellness: Generous paid time off and holidays; Employee Assistance Program (EAP); and a complimentary Calm app subscription.
- Financial Wellness: Immediate vesting in a 401(k) plan; Health Savings Account (HSA) and Flexible Spending Account (FSA) options; commuter benefits; and employee discount programs.
- Family Care: Paid maternity leave and paid paternity leave (including for adoptive parents); legal plan options; and pet insurance coverage.
- … and so much more!
This list is not exhaustive of all available benefits. Eligibility and waiting periods may apply to certain offerings. Benefits may vary based on subsidiary entity and geographic location.
Acrisure is an Equal Opportunity Employer. We consider qualified applicants without regard to race, color, religion, sex, national origin, disability, or protected veteran status. Applicants may request reasonable accommodation by contacting [email protected].
Final candidates will be required to complete post-offer verification processes related to the role and in accordance with applicable laws.
California Residents: Learn more about our privacy practices for applicants by visiting the Acrisure California Applicant Privacy Policy.
Recruitment Fraud: Please visit here to learn more about our Recruitment Fraud Notice.
Welcome, your new opportunity awaits you.
