Insurance Accounting Associate

1 month ago

Oakville, Canada HUB International Full time

**ABOUT US**
At HUB International, we are a team of entrepreneurs. We believe in empowering our clients, and we do so by protecting businesses and individuals in our local communities. We help businesses evaluate their risks and develop solutions tailored to their needs. We believe in empowering our employees. As a global firm, we offer employees resources in both technology and industry expertise, but we still maintain the local flavor of our offices. Our structure enables our teams to maintain their own unique, regional culture while leveraging support and resources from our corporate centers of excellence.

HUB is the 5th largest global insurance and employee benefits broker, providing a boundaryless array of property, casualty, risk management, life and health, employee benefits, investment and wealth management products and services. With over 17,000 employees in more than 650 offices throughout North America, HUB has grown substantially, in part due to our industry leading success in mergers and acquisitions.
- Prepare AP worksheet, review Outstanding AP and send summary
- Process payments and set up EFT’s, Wires and send payment notifications
- Process broker refunds and claims cheques and reconcile claims
- Close accounting month and post journal entries including AFDA, expense accruals, SoA Reclasses, Trust position and other adjustments
- Prepare revenue reports and reconcile income statement against production
- Balance Sheet accounts reconciliation and bank reconciliation
- Communicate with carriers on discrepancies and assist Operations team for production inquiries
- Monitor bank transactions and verify flagged issues
- Prepare sales tax

**Qualifications**:

- Required a minimum of 1 year in Accounting/ Finance field
- Proven experience in managing AP process
- High school diploma/GED required (Bachelor’s degree in Accounting/Finance is preferred)
- Excellent attention to detail and accuracy in supporting processing functions
- Strong organizational skills and ability to prioritize tasks effectively
- Demonstrated proficiency working with Microsoft Excel and basic computer skills

**Location**:
**This role requires working on site 3 days/week out of the Oakville, Ontario office.**

**JOIN OUR TEAM**
Do you believe in the power of innovation, collaboration, and transformation? Do you thrive in a supportive and client focused work environment? Are you looking for an opportunity to help build and drive change in a rapidly growing and evolving organization? When you join HUB, you will be part of a community of learners and doers focused on helping our leaders maximize the potential of their employees.

Department Accounting & Finance

Required Experience: 1-2 years of relevant experience

Required Travel: No Travel Required

Required Education: Bachelor's degree (4-year degree)

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