Staff Accountant- Insurance Agency/Broker
Superior Insurance Partners•Chicago, IL, USA•On-site•1 days ago
Full-Time
$50k - $70k/yr (Estimated)
May sponsor international talent
About the job
Superior Insurance Partners is a rapidly growing insurance brokerage platform, focused primarily on providing commercial lines, personal lines, and employee benefit solutions to companies and individuals. Superior acquires and partners with leading independent insurance agencies primarily in the Midwest and Eastern US. The company's mission is to improve the lives of its agency partners. Superior does this by creating a highly tailored plan for each of its agency partners to help them achieve their goals, and providing customized resources including accounting/finance, recruiting, HR, AMS/IT, marketing, and M&A support. Agency partners are aligned through long-term economic incentives while leveraging the benefits of best practices, scale, and resources across Superior's shared platform.
Superior is backed by Tyree & D'Angelo Partners ("TDP"), a leading Chicago-based private equity firm that makes control ownership investments in, and partners with, lower middle market businesses with the goal of creating meaningful value for all involved. TDP is currently investing out of its third fund and has managed and created over $3 billion of capital and company enterprise value. TDP has significant experience investing in service businesses and has completed over 1000 investment partnerships in its history.
Company Overview
Superior Insurance Partners is a rapidly growing property & casualty ("P&C") brokerage, focused primarily on commercial lines, personal lines, and employee benefits solutions to companies and individuals. Superior acquires and partners with leading independent insurance brokers primarily in the Midwest and Eastern US. The Company's mission is to improve the lives of its agency partners. Superior does this by creating a highly tailored plan for each of its agency partners to help them achieve their goals, and providing customized resources including accounting/finance, recruiting/HR, AMS/IT, marketing, and M&A support. Agency partners are aligned through long-term economic incentives while leveraging the benefits of best practices, scale, and resources across Superior's shared platform.
We are currently seeking Staff Accountants to join our high-growth, fast-paced company. This position will report to the Accounting Manager and play a key role in onboarding and supporting acquired agencies with agency management system ("AMS") and accounting responsibilities. Desire to work at a growth-oriented business with a focus on acquisitions and integrations is highly valued. The chosen candidate will be a team player and assist with all elements of the accounting function, including production report and accounting reconciliation, general ledger accounting, month-end close and reconciliation of banking transactions.
Job Responsibilities:
Process, record, and reconcile deposits received by Superior.
Track overdue client accounts and follow up with clients.
Reconcile direct bill commission statements.
Reconcile monthly bank statements.
Enter and process vendor invoices including receiving W-9's.
Draft and send invoices to agency customers.
Reconcile accounts as needed.
Enter journal entries.
Track expenses and update spreadsheets.
Review and process expense reports.
Handle audit requests.
Prepare monthly financial reports including variance analysis.
Assist in the creation of ad hoc financial analyses for agency partners.
Required Criteria
Accounting degree and 1+ years' experience working with small to mid-size multi-location companies or 5+ years of accounting experience.
Strong attention to detail and a high degree of accuracy.
Good verbal and written communication skills.
Proficiency in Microsoft Excel (including advanced skills), Word, Outlook and preferably Power Point.
Must be able to multi-task and meet agreed upon deadlines.
Ability to thrive in a fast-paced/high-growth environment.
Local to the greater Chicago area.
Preferred Criteria
CPA or CMA
Private equity experience
Proficiency in Applied EPIC and/or AMS360
Insurance industry experience
Experience reconciling carrier commission statements
Job Type:
Full-time