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HUB International

Premium Payables Senior Associate

Riverside, CA

Join a Winning Team at HUB International

When you join the team at HUB International, you become part of the 5th largest global insurance broker, providing a broad array of property, casualty, risk management, life and health, employee benefits, investment and wealth management products and services. Becoming a part of HUB means that you thrive in an entrepreneurial and fast paced team environment supported by over 12,000 professionals in 450 offices across North America. You will be able to actively contribute to our track record of year over year growth fueled by innovative new products and services, mergers and acquisitions, and a great team of people. As part of our talent engine, you will exemplify our strong core values which drive our unique corporate culture. HUB's entrepreneurial spirit is evident in our people, products and philanthropic initiatives and we are passionate about our talent!

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Position Overview

The position reports directly to the Premium Payables Manager and functions as analyst for special projects and payable reporting and performs as part of a team. The team is responsible for the Premium Payable and Broker commission payables process for the Property & Casualty, Benefits and Wholesale business in various Broker Management system(s), GL system(s) and any additionally acquired systems. Key responsibilities include ensuring premiums are remitted to the carriers accordingly to carrier market terms and broker commissions are paid to external brokers on a periodic basis timely and accurately in accordance with company policies.

Essential Duties And Responsibilities
  • Function as primary contact with assigned insurance markets; focus on expedient resolution of billing discrepancies, obtain missing carrier invoices/statements from Insurance carriers and wholesalers in order to achieve three-way match status and timely disbursement.
  • Prepare reconciliations in the Broker Management System in conjunction with invoices and/or statements received from markets in accordance with payment terms.
  • Monitor timely resolution of billing discrepancies in order to achieve a three-way match status on or before payment due date.
  • Process return premium requests to clients and premium finance companies.
  • Assist team members in handling complex items in a timely pro-active manner that ensures compliance with procedures and guidelines.
  • Prepare analysis of aged open payables on a periodic basis.
  • Analyze, research and resolve complex problems.
  • Support and implement process efficiencies.
  • Build and maintain positive working relationships with client service operations team and markets.
  • Contribute to a cooperative team environment in which cross functions are assumed as necessary in order to meet department deadlines and goals.
  • Other duties as assigned.
Required Experience
  • Requires at least 3 years' experience in accounting field.
  • Experience in a shared services accounting environment preferred.
  • Insurance Brokerage Experience required.
  • Must have excellent written and verbal communication skills
  • Intermediate/Advanced Word and Excel Skills required
  • Strong analytical and problem-solving skills
  • Work under pressure to deadlines
  • High degree of accuracy with a good eye for detail
  • Self-motivated and proactive
  • Demonstrated ability to take initiative and achieve results in a fast-paced and changing environment
  • Must have some flexibility of work hours and have ability to potentially put in extra hours during peak times.
Department Accounting & Finance

Required Experience: 2-5 years of relevant experience

Required Travel: Negligible

Required Education: High school or equivalent

HUB International Limited is an equal opportunity and affirmative action employer that does not discriminate on the basis of race/ethnicity, national origin, religion, age, color, sex, sexual orientation, gender identity, disability or veteran's status, or any other characteristic protected by local, state or federal laws, rules or regulations. The EEO is the Law poster and its supplement is available here athttp://www.dol.gov/ofccp/regs/compliance/posters/ofccpost.htm.

EEOAA Policy

E-Verify Program

We endeavor to make this website accessible to any and all users. If you would like to contact us regarding the accessibility of our website or need assistance completing the application process, please contact the US Recruiting Team toll-free at (844) 300-9193 orUSRecruiting@hubinternational.com. This contact information is for accommodation requests only; do not use this contact information to inquire about the status of applications.

Client-provided location(s): Riverside, CA, USA
Job ID: hub-1270253171
Employment Type: Other

Perks and Benefits

  • Health and Wellness

    • Health Insurance
    • Health Reimbursement Account
    • Dental Insurance
    • Vision Insurance
    • FSA
    • HSA
    • HSA With Employer Contribution
    • Life Insurance
    • Short-Term Disability
    • Long-Term Disability
  • Work Flexibility

    • Flexible Work Hours
    • Remote Work Opportunities
  • Office Life and Perks

    • Commuter Benefits Program
    • Happy Hours
    • Company Outings
  • Vacation and Time Off

    • Paid Vacation
    • Paid Holidays
    • Personal/Sick Days
    • Leave of Absence
  • Financial and Retirement

    • 401(K)
    • 401(K) With Company Matching
  • Professional Development

    • Promote From Within
    • Mentor Program
    • Shadowing Opportunities
    • Access to Online Courses
  • Diversity and Inclusion

    • Diversity, Equity, and Inclusion Program

This job is no longer available.

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