Senior Premium Accountant

Alera Group • Riverwoods, IL

5d • $90,000 - $100,000 • Hybrid

About The Position

Alera Group is looking for a Senior Premium Accountant. We are seeking highly motivated colleagues who bring experience and enthusiasm to our team - joining us may be the perfect fit for you! Alera Group was founded in 2017 and has grown to become the 14th largest broker of US business. We are passionate about our clients' success in the areas of Employee Benefits, Property and Casualty Insurance, Retirement Plan Services, and Wealth Services. With a network of offices nationwide, our commitment to collaboration allows us to offer national resources combined with local service.

Requirements

• Bachelor's degree in Accounting or Finance
• 3+ years of relevant professional experience preferred
• Applied Epic and insurance accounting knowledge preferred
• Proficient in general ledger systems; strong understanding of accrual accounting and month-end close
• Advanced Microsoft Excel skills; proficiency in Microsoft Outlook and Word
• Solid understanding of accounting rules, regulations, policies, and procedures within financial services; familiarity with HIPAA is a plus
• Self-starter with demonstrated ownership and follow-through; able to work independently and as part of a team
• Ability to commute to the Deerfield, IL office at least twice per month

Responsibilities

• Oversee daily premium accounting operations within the Agency Management System, including billing, commissions, premium finance, A/R and A/P management, aging reviews, and carrier/broker payments
• Perform month-end close activities, including journal entries, balance sheet and bank reconciliations, intercompany transactions, and financial statement analysis
• Manage month-end close and core accounting activities, including journal entries, reconciliations, intercompany transactions, GAAP compliance, and financial analysis
• Maintain accurate financial records and documentation in accordance with US GAAP, company policies, and financial services regulations
• Review invoices and premium-related transactions for proper documentation, coding, and approval before processing
• Prepare and manage correspondence related to disputes, revisions, overpayments, exceptions, and agency bill audits; respond promptly to internal inquiries
• Support financial reporting and operations through audits, integrations of acquired firms, process improvements, special projects, and cross-functional collaboration
• Collaborate with corporate finance on audit requests, special projects, and cross-functional initiatives
• Proactively identify and implement process improvements to enhance efficiency, accuracy, and scalability in premium and general accounting workflows

Benefits

• Alera Group offers comprehensive benefits to our colleagues, including medical, dental, life and disability insurance, 401k, generous paid time off and much more.
• This role is annual bonus eligible.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Number of Employees: 1,001-5,000 employees