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CoverWallet Accounting Operations Specialist

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Location
Victor, NY, United States

Posted on
Oct 20, 2021

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About Us: CoverWallet, an Aon company, was founded in 2015 to reinvent the $100 billion small business insurance industry by using data, design, and technology. As a part of Aon, a leading global professional services firm providing a broad range of risk, retirement and health solutions with 50,000 colleagues in 120 countries, CoverWallet has the mentality and culture of a high-growth startup with the backing and support of a global multinational company.  CoverWallet is the easiest way for businesses to understand, buy, and manage insurance online and has been recognized as a CNBC Upstart 100, won the Best Insurtech Solution from the Benzinga Awards and was named “One of the Most Entrepreneurial Companies in America” by Entrepreneur Magazine. Job Summary: The Operations Specialist is a member of the CoverWallet Accounting Operations team reporting to the Manager of Accounting Operations.  He/She is responsible for delivering optimal results through the successful execution of assigned responsibilities.  The core activities of the Accounting Operations team include, fiduciary cash balancing and reporting, fiduciary cash disbursements to insurance carriers, servicing front office and insurance carrier requests and billing enquiries and partnering with Finance and Controllership on fiduciary funds monthly reporting. CoverWallet, an Aon company is a fast-paced, growing firm that is the perfect place for a goal-oriented, hardworking individual who is looking to make a difference. We expect massive growth over the next few years, which means you can expect plenty of opportunities for advancement.  Essential Job Functions:Responsible for daily, weekly, and monthly fiduciary cash balancing and reportingResponsible for downloading banking activity reports from financial institutions to complete daily reconciliation processResponsible for discrepancy tracking and co-ordination and resolution of issues related to customer payment applicationCritically evaluate information gathered from multiple sources, reconcile conflicts, decompose high-level information into details, and abstract up from low-levelResponsible carrier remittances as assignedPartner with controllership team to resolve outstanding fiduciary bank account reconciliation itemsPartner with CoverWallet operation and product teams to resolve policy system and data input errors that are resulting in cash reconciliation issuesAd hoc analysis utilizing in house systems and databasesAnalyze information gathered from multiple sources, reconcile conflicts, decompose high-level information into details to identify recurring imbalance driversPoint person for internal and external contacts for inquiriesEnsure compliance with accounting policies and financial controlsOther responsibilities and enterprise duties as assigned  Qualifications:  Education:Bachelor’s degree in Accounting, Finance, Management or Mathematics preferredMinimum of 3 years related experience  Technical:Solid financial accounting and analytical skillsExperience in researching and resolving reconciliation variancesThe position requires a motivated self-starterAdvanced Excel, Google sheets, and database analyticsInsurance Agency accounting experience preferredStrong customer service focus  Professional: Demonstrated excellent verbal, interpersonal, and written communication skillsFlawless attention to detail, with strong lean-in and roll-up your sleeves attitude, and ability to multitask in a fast-paced work environmentStrong customer service focus  About Aon:Aon plc (NYSE:AON) is a leading global professional services firm providing a broad range of risk, retirement and health solutions. Our 50,000 colleagues in 120 countries empower results for clients by using proprietary data and analytics to deliver insights that reduce volatility and improve performance. Aon provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, creed, sex, sexual orientation, gender identity, national origin, age, disability, veteran, marital, or domestic partner status.  Aon is committed to a diverse workforce and is an affirmative action employer. DISCLAIMER: Nothing in this job description restricts management's right to assign or reassign duties and responsibilities to this job at any time. 2492864,qualifications:UNAVAILABLE,responsibilities:About Us: CoverWallet, an Aon company, was founded in 2015 to reinvent the $100 billion small business insurance industry by using data, design, and technology. As a part of Aon, a leading global professional services firm providing a broad range of risk, retirement and health solutions with 50,000 colleagues in 120 countries, CoverWallet has the mentality and culture of a high-growth startup with the backing and support of a global multinational company.  CoverWallet is the easiest way for businesses to understand, buy, and manage insurance online and has been recognized as a CNBC Upstart 100, won the Best Insurtech Solution from the Benzinga Awards and was named “One of the Most Entrepreneurial Companies in America” by Entrepreneur Magazine. Job Summary: The Operations Specialist is a member of the CoverWallet Accounting Operations team reporting to the Manager of Accounting Operations.  He/She is responsible for delivering optimal results through the successful execution of assigned responsibilities.  The core activities of the Accounting Operations team include, fiduciary cash balancing and reporting, fiduciary cash disbursements to insurance carriers, servicing front office and insurance carrier requests and billing enquiries and partnering with Finance and Controllership on fiduciary funds monthly reporting. CoverWallet, an Aon company is a fast-paced, growing firm that is the perfect place for a goal-oriented, hardworking individual who is looking to make a difference. We expect massive growth over the next few years, which means you can expect plenty of opportunities for advancement.  Essential Job Functions:Responsible for daily, weekly, and monthly fiduciary cash balancing and reportingResponsible for downloading banking activity reports from financial institutions to complete daily reconciliation processResponsible for discrepancy tracking and co-ordination and resolution of issues related to customer payment applicationCritically evaluate information gathered from multiple sources, reconcile conflicts, decompose high-level information into details, and abstract up from low-levelResponsible carrier remittances as assignedPartner with controllership team to resolve outstanding fiduciary bank account reconciliation itemsPartner with CoverWallet operation and product teams to resolve policy system and data input errors that are resulting in cash reconciliation issuesAd hoc analysis utilizing in house systems and databasesAnalyze information gathered from multiple sources, reconcile conflicts, decompose high-level information into details to identify recurring imbalance driversPoint person for internal and external contacts for inquiriesEnsure compliance with accounting policies and financial controlsOther responsibilities and enterprise duties as assigned  Qualifications:  Education:Bachelor’s degree in Accounting, Finance, Management or Mathematics preferredMinimum of 3 years related experience  Technical:Solid financial accounting and analytical skillsExperience in researching and resolving reconciliation variancesThe position requires a motivated self-starterAdvanced Excel, Google sheets, and database analyticsInsurance Agency accounting experience preferredStrong customer service focus  Professional: Demonstrated excellent verbal, interpersonal, and written communication skillsFlawless attention to detail, with strong lean-in and roll-up your sleeves attitude, and ability to multitask in a fast-paced work environmentStrong customer service focus  About Aon:Aon plc (NYSE:AON) is a leading global professional services firm providing a broad range of risk, retirement and health solutions. Our 50,000 colleagues in 120 countries empower results for clients by using proprietary data and analytics to deliver insights that reduce volatility and improve performance. Aon provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, creed, sex, sexual orientation, gender identity, national origin, age, disability, veteran, marital, or domestic partner status.  Aon is committed to a diverse workforce and is an affirmative action employer. DISCLAIMER: Nothing in this job description restricts management's right to assign or reassign duties and responsibilities to this job at any time.,skills:UNAVAILABLE,workHours:UNAVAILABLE,jobBenefits:UNAVAILABLE,datePosted:2021-10-20T17:42:00 0000,employmentType:FULL_TIME,educationRequirements:UNAVAILABLE,salaryCurrency:USD,baseSalary:{@type:MonetaryAmount,currency:USD,value:{@type:QuantitativeValue,value:0,minValue:0,maxValue:0,unitText:YEAR}},validThrough:2022-10-20T17:42:28.000Z,industry:UNAVAILABLE,hiringOrganization:{@type:Organization,name:Aon Corporation,sameAs:****York,streetAddress:7910 Lehigh Crossing Rd.nSuite 1,postalCode:14564,addressCountry:United States}}}

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