Company Overview
FOCUS provides cloud-based core administration solutions (FOCUS Tech) and services (FOCUS Insurance Services) for P&C insurance companies and MGAs. Using decades of industry experience FOCUS is taking the risk out of insurtech for small mid-size and growth-focused insurance organizations.
When you join FOCUS you immediately become one of our most valued components and were committed to investing in you. That means you can look beyond the paycheck and excellent benefits to an environment that will help you grow and achieve your professional goals through development and advancement opportunities and the support of our outstanding leaders and teammates.
Position Overview
The Accounting Specialist supports the financial health and operational
efficiency of the insurance company by managing accounting tasks reconciling
financial data and ensuring compliance with regulatory role is responsible for accurately posting all incoming payments from policyholders to the correct accounts ensuring that premium payments deductibles and other financial transactions are properly recorded. This role should have the ability to handle a high volume of transactions accurately and efficiently; and manage multiple tasks and deadlines in a fast-paced environment.
This role also involves some financial analysis and reporting duties. Will be
interacting with both internal teams (e.g. underwriting customer service claims) and external parties (e.g. insurance providers clients agents).
Through these efforts the Accounting Specialist will contribute to the organizations ability to achieve financial transparency and maintain robust financial standing. This role is key to agency accounting to ensure sustainable and efficient operations. FOCUS is a subsidiary of PEAK6.
Location
This is a hybrid position (23 days per week in office) based in Sunrise FL.
What Youll Do
Financial Processing (60%)
Post all incoming payments for policyholders to the correct accounts ensuring that premium payments deductibles and other financial transactions are
properly recorded.
Process adjustments agent commissions claims/premium refunds
and policy cancellations as needed.
Prepare and maintain accurate financial reports that comply with insurance
industry standards.
Reconciliation & Compliance (20%)
Perform account reconciliations to ensure accurate financial records.
Review and reconcile payments received via checks credit cards or other methods and resolve payment-related issues such as incorrect billing or
payment discrepancies.
Ensure adherence to all regulatory requirements and reporting standards.
Accounting Operations Support (10%)
Support month-end and year-end close processes including responding to
audit requests.
Reconcile cash batches and payments with bank records to ensure accurate posting.
Generate payment reports and assist in tracking overall cash flow for the
company.
Collaboration & Special Projects (10%)
Collaborate internally (billing underwriting and claims) to support business objectives.
Effectively communicate externally with clients insurance providers agents regarding payment issues overdue premiums agent commissions and account status.
Participate in cross-functional projects to enhance accounting processes and efficiency
What You Bring
Bachelors degree in accounting Finance Business or a related field.
13 years of progressive accounting or data entry experience ideally within a multi-entity organization.
Prior insurance industry experience is strongly preferred; property & casualty experience a plus.
Proficient with accounting software and ERP systems (e.g. NetSuite SAP or similar).
Knowledge Skills and Abilities
Solid understanding of GAAP and insurance industry regulations.
Advanced proficiency with Microsoft Excel for data analysis.
Excellent analytical thinking and problem-solving abilities.
Exceptional organizational skills with the ability to balance multiple priorities in a dynamic setting.
Strong interpersonal and communication skills for cross-team collaboration.
A tech-forward efficiency-driven mindsetautomation and process improvement are key.
Why join the FOCUS Team
The FOCUS Difference:
Medical Dental Vision Life Pet; Flexible Spending Account
Competitive Salaries
401K Match
Work-Life Balance: Personal Days PTO Days 12 Paid Holidays Two Paid Days for Volunteer Service Paid Parental Leave
Short and Long-Term Disability
Employee Support Programs Including Mental Health
Tuition Reimbursement
Matching Charitable Gift Program
Lucrative Referral Program
Commuter Benefits
Flexibility: Remote and Hybrid Opportunities Available
This position is not able to be performed in California Colorado New York or Washington.
EEO
Team Focus Insurance Group is an equal opportunity employer that does not discriminate on the basis of race color religion sex (including pregnancy sexual orientation and gender identity) national origin age disability veteran status marital status or any other protected characteristic. Our hiring practices ensure that all qualified applicants receive fair consideration without regard to these characteristics.
Disability
Team Focus Insurance Group is committed to creating an inclusive and accessible workplace for all candidates including those with disabilities. We are dedicated to ensuring equal employment opportunities and providing reasonable accommodations to qualified individuals with disabilities. If you require reasonable accommodations to participate in the application or interview process please contact our HR department at We will work with you to provide the necessary accommodations to ensure your full participation in our hiring process.
Note to applicant: It is unlawful in Massachusetts and Maryland to require or administer a lie detector test as a condition of employment or continued employment. Please know that our company does not use lie detector tests in our hiring process.
Required Experience:
IC