Insurance Payable Analyst

As an Insurance Payable Analyst, you will play a vital role in our financial operations, focusing on tasks related to payment processing, discrepancy resolution, reconciliation, and support for Account Managers. Your exceptional attention to detail, strong customer service skills, and problem-solving abilities will be essential in successfully carrying out this role. You will be responsible for reconciling assigned carriers, ensuring compliance with payment terms, and facilitating agency bill functions within Risk Strategies.

Your Impact:

• Review and approve daily payments completed by the Insurance Payable Processors
• Regularly reconcile carrier statements, and invoices that are billed in the agency management system to the carrier documentation.  All carriers required to be reconciled minimally every 60 days
• Ensure that the Insurance payable processor completes payments in a timely manner and adheres to carrier payment terms
• Handle cancellation notices with sensitivity and ensure immediate processing  
• Review and work through tasks assigned by RSP, sending emails to account managers, carriers, or brokers to settle discrepancies and follow up and escalate as needed.
• Request banking information changes in AMS and notify the accounting supervisor to update the Smartsheet and D365 accordingly

Successful Candidates Will Have:

High School Diploma or equivalent (Bachelor’s degree in accounting or related field preferred)

• 1-3 years’ experience within accounts payable required, insurance accounting recommended
• Experience with AMS360 and/or Worksmart a definite plus
• Strong attention to detail and accuracy in financial transactions
• Strong Customer Service and time management skills
• Proficiency in using accounting software and Microsoft Office Suite including Smartsheet

Additional Information:

This position is remote; however, travel may be required for training, meetings, and other collaborative activities

Risk Strategies is the 9th largest privately held U.S. brokerage firm offering comprehensive risk management advice, insurance and reinsurance placement for property & casualty, employee benefits, private client services, as well as consulting services and financial & wealth solutions. With more than 30 specialty practices, Risk Strategies serves commercial companies, nonprofits, public entities, and individuals, and has access to all major insurance markets. Risk Strategies has over 200 offices and more than 5,200 employees as part of the Accession Risk Management Group family of companies.

Industry recognition includes being certified a Great Place to Work in 2023 and on the Inc. 5000 list as one of America’s fastest growing private companies. Risk Strategies is committed to being good stewards for our company, culture, and communities by having a strong focus on Environmental, Social, and Governance issues.

At Risk Strategies Company, base pay is one part of our total compensation package, which also includes a comprehensive suite of benefits, including medical, dental, vision, disability, life, and retirement savings, The total compensation for a position may also include other elements dependent on the position offered. The expected base pay range for this position is between $50,000.00 - $65,000.00. The actual base pay offered may vary depending on multiple individualized factors, including geographical location, education, job-related knowledge, skills, and experience.

Risk Strategies is an equal opportunity workplace and is committed to ensuring equal employment opportunity without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, Veteran status, or other legally protected characteristics. Learn more about working at Risk Strategies by visiting our careers page: www.risk-strategies.com/careers.