Accounting Specialist at MMC in SCHAUMBURG, Illinois

Job Description:

Marsh McLennan Agency's Midwest Region is a full-service brokerage providing business insurance, employee benefits, private client insurance, and retirement services to businesses and individuals across the country. MMA Midwest is consistently recognized as a top workplace, attracting and retaining its insurance talent by rewarding expertise and investing in career development. Colleagues enjoy an award-winning culture that fosters a highly productive and results-driven working environment.


The Accounting Specialist is an action-oriented numbers aficionado who ensures the accounting functions are completed in a smooth and timely fashion. They work directly with the MMA regional teams and carriers to facilitate accurate and timely processing of premium payments. This individual provides consistent, excellent client service in all interactions with employees, clients, and insurance carriers/vendors in working through any billing discrepancies. Additionally, the Accounting Specialist will assist the Accounting team and others involved in the implementation of new accounting procedures and processes. By following appropriate accounting practices and standards, the Accounting Specialist plays a large role in minimizing financial risks to the organization, which ultimately leads to maximizing the health of the overall company.



Accounting

• Reconcile all statements on a monthly basis


• Code each entry according to agency, carrier, customer, and policy status


• Research items that don't appear to be correct in the Agency Management System and work with the service teams if necessary to correct

• Review cash receipts on client accounts and identifies shortfalls and payment discrepancies


• Work with Carriers, Vendors, Producers, and Account Managers to resolve discrepancies


• For carrier/vendor payables, verify proper documentation from carriers/vendors are received prior if issuing payment


• For carrier/vendor payables, ensure all payments and/or or receipts to carriers/vendors are made only when all client funds have been received OR has confirmation of payment guarantee from the Producer

Data Integrity & Quality

• Maintain accurate and complete client data in agency management systems


• Consistently achieve data integrity and meet activity timeliness, quality metrics, and goals


• Utilize internal resources for identified processes to ensure efficiency and consistency in execution

Peer Relationships

• Provide feedback and share information at team meetings


• Develop successful and effective working relationships with Producers, Account Executives, Account Managers, service team members, managers, carriers, vendors, and members of other departments


• Communicate effectively with peers, service teams, Account Executives and Producers with providing timely and complete information to allow them to effectively manage service execution

Required

• 2+ years Accounting experience, specifically in carrier or vendor payables


• Detail-oriented with excellent organizational and time management skills


• Good interpersonal skills and high sense of urgency


• Proficiency with Microsoft Office, including Microsoft Excel

Preferred

• Prior experience with Applied Epic


• Prior insurance industry experience helpful, but not required


• AS/BA in Accounting or related field, preferred

A Great Place to Work. A Great Place to Perk.



Recognized for workplace culture by the likes of Fortune Magazine, The Chicago Tribune and more, our colleagues enjoy an environment that fosters creativity as well as individual and organizational growth. A small sampling of the benefits our colleagues enjoy include:

• Medical, dental, vision, 401K benefits and more
  
  


• The flexibility to work at home or an office
  
  


• A paid day off to volunteer and company-organized volunteer events
  
  


• Up to $1,000 per year in matching charitable donations
  
  


• Up to $750 per year in wellness rewards
  
  


• A company-wide mentality that you can never appreciate your co-workers too much
  
  

WhoYouAre is WhoWeAre



MMA Midwest has created an award-winning culture largely due to meeting our colleagues where they are, celebrating their differences and building an inclusive environment. We challenge ourselves to create a workplace where our colleagues feel not only welcomed, but feel they belong; where we not only embrace diverse perspectives and opinions but seek them out; and where we ask not how a colleague fits our culture, but what they add to it.


#MMAMW Apply Now