Director of Finance - Insurance Services
About The Position
Salem Five is a growing regional financial services organization with a rich history of over 170 years. As an independent bank, we are deeply rooted in the communities we serve and offer our employees successful and rewarding careers. At Salem Five Insurance, you will be part of a team that delivers more than just coverage, we provide peace of mind to the clients we serve. With experienced professionals across six Massachusetts offices and access to a broad network of trusted carrier partners, we work together to create tailored insurance solutions that reflect each client’s unique goals and values. Whether supporting families, businesses, or individuals with complex needs, you will play a key role in delivering clarity, care, and professionalism every step of the way. This position can be based in our Woburn, Danvers, Gloucester, Plymouth or Norwood office.
Requirements
- Bachelors’ Degree or a minimum of five years related experience and/or training; or equivalent combination of education and experience.
- Excellent Microsoft applications skills (Word, Excel, Access, Power Point)
- Excellent verbal and written communication skills
- Ability to perform effectively in an environment where confidentiality, maturity, sound judgment, initiative, and professionalism are required.
Nice To Haves
- Experience with EPIC is a plus.
Responsibilities
- Maintain professional relationships with clients, agency personnel and carrier staff via prompt, courteous, knowledgeable, and accurate service.
- Reconcile direct and agency billing commissions for all SFIN branches.
- Prepare and submit financial reports to management as needed. Generate regular monthly reports to management and employees.
- Prepare monthly general ledger and reconciliation of all branches.
- Perform month and year end closings and all related processes for all branches.
- Calculate and submit quarterly account manager commissions to HR for payment to employees.
- Work with carrier partners to reconcile company agency billing discrepancies.
- Provide guidance and oversight of vendor invoices and payment process.
- Collaborate with Director of Data Analytics to help analyze and interpret data.
- Oversee the Company downloads and invoicing processes.
- Assume additional responsibilities as requested.
Benefits
- medical
- dental
- vision coverage
- Flexible Spending and Health Savings Accounts
- 401(k) matching
- tuition reimbursement
- employee referral program
- annual holiday reception
- summer family outing
Stand Out From the Crowd
Upload your resume and get instant feedback on how well it matches this job.
What This Job Offers
Job Type
Full-time
Career Level
Director
