Trust Accounting Analyst

Overview

Location: Hybrid, New York, NY or Jersey City, NJ offices

Address: 499 Washington Blvd, 8th Floor, Suite 810, Jersey City, NJ 07310

Join EPIC Insurance Brokers & Consultants. We are a growing firm driven by capable, committed people who share our values and work to deliver results.

• Insurance Payables/Premium Receivables
• Process timely premium payments to insurance carriers (via checks, ACH, Wire or online) to avoid notices of cancellation.
• Initiate Electronic Payments (ACH or Wire Transfers) to carriers through our preferred banking partner.
• Research and resolve payable discrepancies (premium, commission, billing, etc.) with branch offices and/or insurance carriers.
• Research and respond to a high volume of inquiries (email & phone calls) timely and appropriately.
• Follow up for carrier invoices or statements through all the necessary channels.
• Apply or resolve return premium payments from insurance carriers.
• Depositing funds to bank; posting/allocating cash to client in agency management system.
• Collaborate with third party administrators, such as Re Source Pro /Patra, on integrated workflows.
• Perform client account reconciliations as needed and process client refunds or pass-through payments for clients.
• Generate Accounts Receivable aging reports and distribute accordingly; work with Account Managers, Brokers, and Clients to collect premiums due.
• Act as a backup for other Trust Accounting team members as needed; file documents into the electronic filing system timely and accurately.
• Participate in morning huddle and provide updates on pending items; introduce any new issues that need attention; share responsibility of a dedicated AP team email address.
• Follow established workflow on NOC and Advanced Items; communicate with the AE and track items pending NOC; refer problems/obstacles to Manager at huddle or immediately if urgent.
• Request new ACH/Wire templates for new carriers and as carrier information changes; work toward achieving team and individual goals; take on additional projects/tasks as assigned by the dept manager.

• Education and/or
  
  Experience:
  
  
• College degree required. Associates or Bachelors. Degree in Accounting or Finance preferred.
• Minimal three years of Accounting experience;
  Insurance accounting experience strongly preferred.
• Experience with AMS systems such as Sagitta, Image Right, AMS 360 is a plus.

• Ability to partner with others to deliver on objectives.
• Strong knowledge of Microsoft Office programs, including Advanced Excel skills (VLookups, Macros, Pivot Tables a plus).
• Strong attention to detail, multi-tasking, prioritizing, and time management abilities.
• Ability to work effectively with or without direct supervision; strong interpersonal communication skills, both written and verbal.
• Must be able to commute to Jersey City, NY office (currently remote).

The national average salary for this role is $70,000 - $75,000 in base pay, exclusive of bonuses or benefits. The base pay offered will be determined based on experience, skills, training, certifications and education, while considering internal equity and market data.

EPIC has over 60 offices and 3,000 employees nationwide and we’re growing. We offer a range of benefits and programs designed to support employees and their families, including generous time off, leave options, 401(k) matching, health insurance, wellness programs, and more.

EPIC embraces diversity in all forms and is committed to fostering a work community where every colleague feels welcomed, valued, respected and heard.