Payment Processing Specialist

Team Focus Insurance Group

Job Location:

Sunrise, FL - USA

Monthly Salary: Not Disclosed

Posted on: 14 hours ago

Vacancies: 1 Vacancy

Job Summary

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 is responsible for supporting the companys financial accuracy and day-to-day operations. This role includes posting incoming payments performing cash reconciliations analyzing accounts and assisting with general accounting tasks. The position works closely with internal teams such as underwriting billing claims and customer service as well as external partners.

By maintaining accurate financial records and providing useful insights the Accounting Analyst helps support informed business decisions and overall organizational transparency. This role is ideal for a detail-oriented professional who performs well in a fast-paced high-volume environment and is interested in growing within the accounting and finance fields. Responsibilities may expand over time as business needs evolve.

Location:Hybrid (2-3 days per week in office) Sunrise FL

Reports To: Financial Operations Lead

What Youll Do

Cash Posting & Payment Processing (60%)

Post daily cash receipts including checks ACH transfers credit card payments and other payment methods to the correct policyholder accounts accurately and within the clients contractual agreements
Reconcile payments to invoices and identify discrepancies
Research and resolve unapplied misapplied or unidentified payments promptly
Process adjustments refunds policy cancellations and chargebacks as needed
Review and balance daily cash posting batches and reconcile totals with bank activity
Maintain detailed and accurate transaction records
Ensure compliance with company policies and financial controls

Collaboration & Cross-Functional Support (25%)

Work closely with billing underwriting claims and customer service departments to resolve payment-related issues
Provide assistance to internal teams customers or agents regarding payment inquiries overdue premiums and account status
Engage with internal teams to support business objectives and continuous improvement initiatives
Contribute to cross-functional projects to streamline and enhance accounting and payment operations
Serve as a point of contact for payment processing questions and escalations

Reconciliation & Compliance (15%)

Reconcile cash batches and payment activity with bank statements and internal records
Assist with the identification and resolution of payment discrepancies across internal and external clients
Ensure full adherence to all regulatory reporting and internal control requirements
Support audit requests by providing documentation and transaction detail as needed

What You Bring

Education & Experience

Associates degree in Accounting Finance Business or a related field (preferred)
13 years of experience in cash posting accounts receivable payment processing or a related accounting role
Prior insurance industry experience is strongly preferred; property & casualty experience a plus
Experience in a multi-entity or high-volume transaction environment preferred

Knowledge Skills & Abilities

Perform high-volume data entry using 10-key by touch with a high level of speed and accuracy (10000 KPH)
Exceptional attention to detail and accuracy when handling a high volume of financial transactions
Ability to complete repetitive tasks
Strong organizational skills with the ability to manage multiple tasks and deadlines in a dynamic fast-paced environment
Excellent analytical thinking and problem-solving abilities particularly for resolving payment discrepancies
Strong written and verbal communication skills for interacting with internal departments and external clients
Strong working knowledge of cash application accounts receivable and basic accounting
Proficiency with Microsoft Excel and Word
Ability to handle sensitive financial information with discretion and professionalism

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:

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 organiza...