HUB International Limited (“HUB”) is 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. With over 19,000 employees in 750 offices throughout North America, HUB has grown substantially, in part due to our industry leading success in mergers and acquisitions. HUB international Northeast is a division of a leading international insurance brokerage selling and servicing all lines of insurance.
Program Brokerage Corporation (PBC), a subsidiary of HUB International, is a wholesale insurance broker offering retail insurance agents innovative solutions through its general wholesale operation and niche programs.
Job Purpose
The Operations Business Unit is responsible for maintaining PBC’s financial integrity within a controlled environment while consistently delivering exceptional results to our valued business partners. PBC is seeking an Accounting Specialist to join the Operations Business Unit. This newly created position offers the opportunity to deliver, manage, and maintain superior service while building efficiencies and standards for handling daily financial transactions, maintaining accurate financial records, filing state tax reports, and preparing financial reports for distribution.
Functions & Responsibilities:
Reconcile and process premium payments to carriers, review cash applications, and reconcile accounts with multiple transactions and payment allocations.Provide support to the service team by researching and resolving carrier payment inquiries.Monitor TPA (Third-Party Administrator) transactions to ensure timely and accurate posting.Process monthly bank reconciliations for TPA bank accounts and assist with periodic audits by providing required documentation.Maintain the state tax filing database, ensure timely filing of tax returns with various states, and oversee and resolve tax issues with state authorities.Maintain the accounting database, prepare and analyze monthly, quarterly, and annual financial results, and communicate findings to appropriate stakeholders.Assist with ad hoc projects as needed.Build positive relationships with team members and vendors to enhance office efficiency.Foster teamwork, share knowledge across departments, and maintain an optimistic outlook in the office.Participate in training opportunities to stay current on industry trends, new products, technology advancements, and professional development.Perform other duties as assigned.Required Qualifications:
Proficiency with general ledger systems and Microsoft Office applications, including Excel and Word. Intermediate or higher Excel skills are essential.Strong attention to detail with the ability to manage multiple competing priorities and meet deadlines.Clear and effective communication skills, especially with peers.Preferred Qualifications:
Bachelor's degree in Accounting2-3 years of experience in insurance accounting.Department Account Management & ServiceRequired Experience: 2-5 years of relevant experienceRequired Travel: NegligibleRequired Education: Bachelor's degree (4-year degree)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 at http://www.dol.gov/ofccp/regs/compliance/posters/ofccpost.htm .
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