Staff Accountant

Cross Insurance•Bangor, ME

7d•$53,000 - $59,000•Onsite

About The Position

The Staff Accountant plays a vital role in maintaining the accuracy and integrity of financial records and supporting day-to-day accounting operations for the insurance agency. Reporting directly to the Accounting Manager, this entry-level role is responsible for carrier commission reconciliations, agency/direct bill processing, premium trust account maintenance, bank reconciliations, and supporting month-end close procedures across agency operations.

Requirements

Bachelor’s degree in accounting or finance required
0–2 years of accounting experience (relevant internship experience is considered)
Proficiency in Microsoft Office

Nice To Haves

Workday experience is preferred
Prior exposure to or familiarity with insurance Agency Management Systems such as AMS360, Applied Epic, Salesforce, or EZLynx is a strong plus
Foundational knowledge of insurance billing concepts (Direct Bill vs. Agency Bill, carrier commissions, and producer splits) is preferred
High attention to detail, organization, and analytical problem-solving skills
Excellent verbal and written communication skills
Strong commitment to maintaining internal controls, confidentiality, and internal/external customer service

Responsibilities

Reconcile carrier commission statements (direct bill and agency bill) against policies written to ensure accurate revenue tracking and producer commission splits
Perform routine bank reconciliations for operating accounts and assist with premium trust account oversight to ensure regulatory compliance and separation of funds
Prepare and post standard journal entries, record accounts payable transactions, and assist with vendor payments and cash movements between entities
Assist with month-end close procedures, including expense variance analysis, accruals, and deferral tracking for carrier payables and producer payables
Support external auditors by gathering documentation for year-end audits or state regulatory filings