Hub International Premium Payables Senior Analyst in Chilliwack, British Columbia
Join a Winning Team at HUB International
When you join the team at HUB International, you become part of the 5th largest global insurance broker, providing a broad array of property, casualty, risk management, life and health, employee benefits, investment and wealth management products and services. Becoming a part of HUB means that you thrive in an entrepreneurial and fast paced team environment supported by over 12,000 professionals in 450 offices across North America. You will be able to actively contribute to our track record of year over year growth fueled by innovative new products and services, mergers and acquisitions, and a great team of people. As part of our talent engine, you will exemplify our strong core values which drive our unique corporate culture. HUB’s entrepreneurial spirit is evident in our people, products and philanthropic initiatives and we are passionate about our talent!
The position 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. Key responsibilities include ensuring premiums are remitted to the carriers accordingly to carrier market terms and broker commissions are paid to external brokers on a periodic basis timely and accurately in accordance with company policies.
Essential Duties And Responsibilities
Primary role is to works directly with Manager to create and maintain payable KPI data, analyze Aged Payables and COA items as well as assisting with special projects.
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.
Other duties as assigned.
Requires at least 3 years’ experience in accounting field.
Experience in a shared services accounting environment preferred.
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.
Department Accounting & Finance
Required Experience: 2-5 years of relevant experience
Required Travel: Negligible
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.com.