Premium Payables Senior Associate

3 weeks ago

Chilliwack, Canada Hub International Full time

Premium Payables Senior Associate

Hi we’re HUB . We are proud to be ranked 5th among the world’s largest insurance brokerages, advising businesses and individuals on how to prepare for the unexpected. At HUB we believe in investing in the future of our employees. Our entrepreneurial culture fosters an environment of open feedback and improvement that empowers our people to make the best decisions for our clients and organization.

We are currently hiring a Premium Payables Senior Associate in the Hub Financial Center (HFC), the centralized accounting team for HUB International. The Premium Payables Senior Associate reports directly to the Premium Payables Manager and functions as analyst for special projects and payable reporting and performs as part of a team. The team is responsible for the Premium Payable and Broker commission payables process for the Property & Casualty, Benefits and Wholesale business in various Broker Management system(s), GL system(s) and any additionally acquired systems.

What you’ll do

Function as primary contact with assigned insurance markets; focus on expedient resolution of billing discrepancies, obtain missing carrier invoices/statements from Insurance carriers and wholesalers in order to achieve three-way match status and timely disbursement. Prepare reconciliations in the Broker Management System in conjunction with invoices and/or statements received from markets in accordance with payment terms. Monitor timely resolution of billing discrepancies in order to achieve a three-way match status on or before payment due date. Process return premium requests to clients and premium finance companies. Assist team members in handling complex items in a timely pro-active manner that ensures compliance with procedures and guidelines. Prepare analysis of aged open payables on a periodic basis. Analyze, research and resolve complex problems. Support and implement process efficiencies. Build and maintain positive working relationships with client service operations team and markets. Contribute to a cooperative team environment in which cross functions are assumed as necessary in order to meet department deadlines and goals.

What you bring to our team

Requires at least 3 years’ experience in accounting field Insurance Brokerage Experience required Must have excellent written and verbal communication skills Intermediate/Advanced Word and Excel Skills required Strong analytical and problem-solving skills Work under pressure to deadlines High degree of accuracy with a good eye for detail Self-motivated and proactive Demonstrated ability to take initiative and achieve results in a fast-paced and changing environment Must have some flexibility of work hours and have ability to potentially put in extra hours during peak times.

What’s in it for you?

A leadership team focused on caring for and developing our team Competitive compensation Customizable flexible benefits & 401K matching program Generous PTO package – vacation, holiday, sick, and personal time off Growth potential - HUB is constantly growing and so can your career Ongoing personal and professional development opportunities Comprehensive wellness programs

The expected salary range for this position is $40,900 to $54,600 and will be impacted by factors such as the successful candidate’s skills, experience and working location, as well as the specific position’s business line, scope and level.

HUB International is proud to offer comprehensive benefit and total compensation packages which could include extended health benefits, disability insurance, retirement matching, paid-time-off benefits, and eligible bonuses, and commissions for some positions.

Department Accounting & Finance

Required Experience: 2-5 years of relevant experience

Required Travel: No Travel Required

Required Education: High school or equivalent

Hi, we’re HUB.

In a rapidly changing world, we advise businesses and individuals on how to prepare for the unexpected.

When you partner with us, you're at the center of a vast network of experts who will help you reach your goals through risk services, claims management, and compliance support.

And this gives you the peace of mind that what matters most to you will be protected — through unrelenting advocacy and tailored insurance solutions that put you in control.

About HUB International

Headquartered in Chicago, Illinois, HUB International Limited (HUB) is a leading full-service global insurance broker providing property and casualty, life and health, employee benefits, investment and risk management products and services. From offices located throughout North America, HUB’s vast network of specialists provides peace of mind on what matters most by protecting clients through unrelenting advocacy and tailored insurance solutions. For more information, please visit hubinternational.

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