Associate, Agency Accounting

High Street Insurance Partners - Grand Rapids, MI

Full-time - Entry Level

Grand Rapids, MI

About the position

The Associate, Agency Accounting position at High Street Insurance Partners in Grand Rapids, MI, is a pivotal role within the company's finance and accounting team. High Street Insurance Partners is an innovative insurance brokerage platform that has rapidly expanded through a combination of acquisitions and organic growth. The company is backed by private equity and is characterized by an entrepreneurial culture led by experienced industry executives. Since its inception, High Street has successfully acquired over 90 insurance brokerages across seventeen states, with plans for further acquisitions in the near future. In this role, the Associate will report directly to the Senior Manager of Finance and Accounting and will collaborate closely with other finance team members and the Corporate Controller. The position is designed for individuals who thrive in a team-centric environment and are eager to contribute to the continuous improvement of accounting processes. The Associate will be responsible for providing technical advice and guidance to agency partners, enhancing their accounting knowledge, and ensuring the accuracy of data within their agency management systems. This is crucial for meeting corporate accounting financial reporting requirements. The Agency Accounting Associate will engage in various accounting tasks, including reconciliations, balance sheet clean-up, and verification of financial statements. The role emphasizes a commitment to the company's core values, which include transparency, respect, collaboration, and continuous learning. The ideal candidate will possess a proactive attitude, strong work ethic, and a dedication to fostering a positive work environment. This position offers a competitive compensation package, including health insurance, a cell phone reimbursement, and a 401(k) matching program.

Responsibilities

• Assist with reconciliations and clean-up of balance sheet general ledger accounts in agency management systems.
• Compare agency management system balances to corporate general ledger balances for the same agency.
• Manage bank balances and reconciliations.
• Handle carrier payables and accounts receivable.
• Assist with general ledger reconciliation of agency management system accounts during the conversion process.
• Enter bank account balances and details.
• Enter producer/broker payables and deferred payable balances.
• Review corporate financial statements for verification of accounts maintained in the agency management system.
• Assist with full accounting for agencies when necessary, including accounts payable, payroll recording, cash receipts, and month-end reporting.
• Support ad hoc projects as requested by the manager.

Requirements

• High School Diploma or equivalent required.
• 1-3 years of successful experience in a similar position.
• Familiarity and hands-on experience with multiple agency management and accounting systems.
• High proficiency with Microsoft Excel, Outlook, and Word.
• Flexibility to work in a largely paperless environment.
• Experience with EPIC, NetSuite, and QuickBooks preferred.

Nice-to-haves

• Associate's Degree or equivalent/Technical school or equivalent preferred.
• Experience with agency management systems.

Benefits

• Health insurance
• Cell phone reimbursement
• 401(k) matching up to 4% of salary