Job description

AIPSO is a management organization and service provider for various insurance industry groups responsible for administering the residual market. We are a national organization that serves local customer needs. Centralization and standardization are key to many AIPSO services because of the inherent economies of scale and other efficiencies. However, our organization is based on customer focus and recognizes the need for flexibility in serving customer groups with diverse interests.

Location: :
Workplace flexibility is a valued benefit at AIPSO and we engage our employees to develop work schedules that are mutually beneficial to AIPSO and our employee. Consider working for AIPSO in many ways:

• In-office: Work onsite in our offices up to 5 days a week in Rhode Island and New Jersey.

• Hybrid: Work onsite in our offices 2-4 days a week and work from home (WFH).

• Remote: AIPSO supports fully remote work (WFH) to applicants who reside in Alabama, California, Delaware, Illinois, Minnesota, Pennsylvania, Virginia (subject to approval).

Essential Duties & Responsibilities:

• Compile and analyze financial data from various sources to prepare accounting entries for the general ledger. Includes validating and importing interfaces from sources to the accounting system.
• Cash management monitoring of bank account balances to ensure adequate balances to cover needs.
• Receive, record, post to accounts receivable and perform banking duties related to receivable payments from insurance companies. Follow established procedures for collection efforts of payments due, manual calculation of late payment fees and invoices and reporting delinquent companies to appropriate management.
• Analyze financial information detailing assets, liabilities, and capital, and prepare balance sheet reconciliations.
• Prepare quarterly and annual audited balance sheet, profit and loss statement, statement of cashflow and other reports to summarize current and projected company financial position.
• Participates in department teams to achieve strategic initiatives.

Education:
Bachelor's degree (BA/BS) from an accredited college or university majoring in Accounting preferred. Additional appropriate experience may be considered in lieu of a degree.

Experience:
3 or more years of accounting experience and knowledge of accounting principles and the ability to determine a course of action based on these principles. Statutory Accounting experience preferred.

Skills & Knowledge:

• Proficient in the use of Microsoft Office productivity tools (e.g. Outlook, Word, Excel) to manage work. Advanced skills using MS Excel.
• Effective problem-solving skills, including ability to analyze issues, find the root cause of the problem, and consider a wide range of alternatives before acting.
• Demonstrate strong verbal and written communication skills, including ability to effectively present information and respond to questions from groups or individuals.
• Ability to multi-task and demonstrate flexibility while maintaining attention to detail.
• Demonstrate excellent organizational skills.
• Ability to work independently and interact professionally and effectively in a team environment.
• Demonstrate excellent customer service skills by being able to follow directions and interpret customer needs.
• Knowledge of complex accounting software applications.
• Exposure to insurance industry and working knowledge of residual market mechanisms.

Our company is an equal opportunity employer. To this end, all employment related decisions are made on a non-discriminatory basis and in full compliance with federal, state, and local laws prohibiting discrimination in employment.

Job Type: Full-time

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