Staff Accountant

Position Summary

What will your job entail?

Job Responsibilities:

• Compile and prepare all production-related requests related to external and internal audits
• Complete fiduciary consolidated template
• Reconcile IMS to AIM balances for property program business
• Ensure adherence to corporate advance policy and escalates review to Premium Accounting Director
• Finalize one or more carrier trust calculations related to program business
• Analyze selected AR and AP billings based on aging
• Evaluate timeliness and accuracy of revenue selections based on revenue amount
• Reconcile write off template with the general ledger
• Compare Core AR against Fiduciary AR at a policy level
• Monitor potential delayed revenue issues and attempt to mitigate prior to month end
• Participate in testing of new versions of AIM
• Complete program related bank reconciliations
• Review intercompany billings for corporate adjustments to AR and AP balances
• Provide support and project work to the Premium Accounting Director and upper management as needed
• Perform monthly audits of New York & Illinois policies and endorsements to ensure proper compliance with New York and Illinois state laws and regulations regarding proper policy and endorsement stamping requirements.

Qualifications

• Bachelor’s Degree from a four-year college or university required except in extraordinary cases.
• Ability to apply a broad knowledge of accounting principles to a variety of accounting activities ranging from daily transactions to detailed analysis.
• Agency management system / insurance industry experience strongly desired
• Strong written and verbal communication skills, decision making abilities and leadership capabilities
• Ability to work additional hours as needed to meet individual, team, and department goals; on rare occasions travel may be necessary
• Willingness to complete additional education requirements as necessary

Ryan Specialty is an Equal Opportunity Employer. We are committed to building and sustaining a diverse workforce throughout the organization. Our vision is an inclusive and equitable workplace where all employees are valued for and evaluated on their performance and contributions. Differences in race, creed, color, religious beliefs, physical or mental capabilities, gender identity or expression, sexual orientation, and many other characteristics bring together varied perspectives and add value to the service we provide our clients, trading partners, and communities. This policy extends to all aspects of our employment practices, including but not limited to, recruiting, hiring, discipline, firing, promoting, transferring, compensation, benefits, training, leaves of absence, and other terms, conditions, and benefits of employment.

Ryan Specialty seeks to offer our employees a comprehensive and best-in-class benefits package that helps them — and their family members — achieve their physical, financial, and emotional well-being goals. In addition to paid time off for company holidays, vacation, sick and personal days, Ryan offers paid parental leave, mental health services and more.

The wage range for this role considers many factors, such as training, transferable skills, work experience, licensure and certification, business needs, and market demands. The pay range is subject to change and may be modified in the future. Full-time roles are eligible for bonuses and benefits. For additional information on Ryan Specialty Total Rewards, visit our website https://benefits.ryansg.com/. 

We provide individuals with disabilities reasonable accommodations to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment in accordance with applicable law. Please contact us to request an accommodation at [email protected] 

The above is intended to describe this job's general requirements. It is not to be construed as an exhaustive statement of duties, responsibilities, or physical requirements. Nothing in this job description restricts management's right to assign or reassign duties and responsibilities to this job at any time. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.