Insurance Accounting Specialist - Mga (Hybrid Or Remote)

Details of the offer

A winner of Best Places to Work in Insurance seven years in a row, Virtus is looking for innovative individuals to join our fast-paced, rapidly growing team headquartered in Overland Park, Kansas. Virtus is a next generation insurance consulting firm that focuses on middle market clients in a variety of lines of coverage. With locations in Kansas City, Memphis, Chicago, Ft. Collins, St. Louis, Dallas, and Austin, our team has a national scope and with a sophisticated client base that thrives on new ideas and our consultative approach. We're shaking up a tired insurance industry and creating something better: an experience that empowers our people to evolve, take smart risks, and face the future boldly.
Habitat Specialty is a Managing General Agent (MGA) that is wholly owned by Virtus, LLC that specializes in the property management and real estate market. We operate as a Lloyd's of London Coverholder in the surplus lines market, committed to providing tailored insurance solutions that meet the unique needs of our clientele. The Accounting Specialist role presents an opportunity to join one of the fastest growing firms in the industry and is a key player on the Habitat Specialty team. This role will keep the engine running on a day-to-day basis and help ensure our clients experience the best possible experience with Virtus. This position requires someone that is detail oriented, organized, and can work in a fast-paced environment with deadlines.  The Ideal Candidate:  •Lives the Virtus Core Values – brings their A game and a great attitude each day. •Is a detailed, organization guru that thrives on juggling multiple responsibilities at any given time to meet the needs of our team and clients.   •Exudes confidence as a self-starter; has a natural ability to problem solve and find answers without much direction.   •Has an ambitious, entrepreneurial spirit – we are a well-funded, growth stage start-up and everyone must roll up their sleeves to take us to the next level! Essential Duties and Responsibilities: Complex Billing •Owns and processes complex invoicing (invoices per location opposed to policy, etc.). for various programs.  •Calculates, generates and bills clients directly.  Reconciliations •Handles routine AMS/Epic vs Invoicing Workbook reconciliations for premium amounts, breaking down invoices by premium type, fee and taxes.  •Processes reconciliation of invoices against various carriers.  •Handles reconciliations for taxes, external fee companies, external broker commissions, and internal producer commissions. Back-End Payment Allocation •Manages payment allocations on open invoices.  •Ensures that invoices are closed in timely manner after receipt of payments.  •Ensures that partial payments are allocated properly with familiarity to client base.  Monthly Reporting •Owns, creates, and evolves monthly reporting process to ensure data accuracy with various internal and external teams.  •Provides direction to Virtus Accounting on how to apply receivables to invoices as needed.  •Works with our Habitat Specialty team to process raw data, generate and track invoices, and update reports as payments come in.  •Actions and communicates Past Due Payment collections. Other •Acts a liaison to the Virtus Corporate Accounting team for all things accounting.  •Works independently and navigates regulatory requirements around policies for various programs, relating to accounting.  •Other accounting/finance duties and/or projects as requested by team and leadership. Education and Experience: •Bachelor's degree in accounting or business preferred.  •3-5 + years of related billing or accounting experience preferred. Complex billing experience preferred.  •Experience and background in insurance, preferably carrier or MGA experience. Insurance •Surplus lines knowledge a plus.  •Demonstrated strong organizational and project management skills required. •Must have familiarity and good working knowledge of various Microsoft software applications (Excel), Agency Management Systems, and/or the ability to learn new software systems. •Applied Epic experience a plus.  •Proven ability to adhere to strict deadlines.  •Position requires strong written and oral communication skills, with a commitment to impeccable customer service are required.  Physical Requirements: The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. While performing the duties of this job, the employee is regularly required to sit; use hands to handle or feel and talk or hear. The employee is frequently required to reach with hands and arms. The employee is occasionally required to stand and walk. Specific vision abilities required by this job include close and distance vision. Travel: Minimal, dependent on client needs
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\nWhy Virtus? Virtus has a strong culture anchored by our Core Values: Better Tomorrow, Fearless Pursuit and One Virtus. This creates an environment of teamwork, excellence, and continuous improvement. Employees and their families enjoy great benefits including health/401(k)/dental/vision and unlimited PTO, among other progressive perks. 
Virtus is an equal opportunity employer committed to fostering an inclusive, innovative environment with the best employees– so we welcome applications from everyone, to celebrate a diverse mix of experiences, backgrounds, and identities. Please get in touch if you'd like to discuss any reasonable adjustments to your application, in order that we can accommodate and support you in the recruitment process. If you want to work for a company where who you are is valued and respected, we'd love to hear from you.
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Nominal Salary: To be agreed

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