Insurance Payable Manager

As the Insurance Payable Manager, you will lead the Insurance Payable department, overseeing Supervisors while ensuring the department’s operational efficiency, compliance, and alignment with company goals. You will drive the strategic vision for Accounts Payable, support the overall health of the AP subledger, and manage high-level relationships with senior business operations, offshore teams, carriers, and brokers. The Insurance Payable Manager serves as the primary escalation point for complex issues, partners with leadership to develop department-wide improvements, and ensures alignment with corporate accounting standards and practices.

Your Impact:

• Set and implement strategic goals for the Insurance Payable department, collaborating with Supervisors to ensure efficient and accurate payment processe
• sMonitor and assess the health of the AP subledger, ensuring all entries comply with corporate accounting policies, serve as the final point of escalation for critical issues within Accounts Payable, providing guidance and resolutions
• Work with Business Partners and Integration team to plan for increased workloads, communicate details before conversion, and identify and escalate issues to the Retail Insurance Director as needed; Oversee planning for workload increases, communicating upcoming changes to Supervisors and Assistant Supervisors; Oversee Supervisors, conducting performance evaluations, offering guidance, and supporting their professional growth
• Establish and maintain compliance with Accounts Payable processes and foster relationships with carriers and brokers to ensure the smooth operation of payments
• Ensure all payment-related activities, including check processing, stop payments, positive pay, and journal approvals, adhere to established financial controls; Review and approve monthly AP ledger audits and ensure timely resolutions for discrepancies
• Conduct monthly audits of Carrier return premium to ensure checks are clearing timely
• Support audit requests from Finance as needed, ensuring data accuracy and compliance with reporting standards; complete D365 approvals and/or vendor banking approvals as needed; leverage data analysis to propose innovations and long-term solutions to recurring issues within Accounts Payable

Successful Candidates Will Have

• Bachelor’s degree in Accounting, Finance, or a related field (preferred); A minimum of 7 years of experience in insurance accounting, with at least 3 years in a managerial role
• Proven ability to manage large teams, including remote and offshore employees
• Expertise in insurance and brokerage procedures, with experience managing complex workflows and escalations
• Proficiency with accounting software and Microsoft Office Suite; familiarity with AMS360, WorkSmart, and D365 is highly desirable
• This position is remote but may require occasional travel 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 is an Accession Risk Management Group company, with over 200 offices and more than 5,000 employees across the U.S. and Canada.

Our industry recognition includes being named a Great Place to Work, Best Places to Work in Insurance, and on the Inc. 5000 list as one of America’s Fastest Growing Private Companies. We are 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 $100,000.00 - $135,000.00. The actual base pay offered may vary depending on multiple individualized factors, including geographical location, education, job-related knowledge, skills, and experience.