Apply on Employer Site

Gallagher Re · 4 months ago

Senior Acquisition Process Integration Analyst

Rolling Meadows, Illinois

Full-time

Hybrid

Senior Level

$94K/yr - $184K/yr

7+ years exp

Gallagher is a global leader in insurance, risk management, and consulting services, with a team of over 52,000 professionals. They are seeking a Senior Acquisition Process Integration Analyst to ensure the seamless transition of transactional accounting functions, including banking and cash application processes, while collaborating with various teams to drive successful integration and operational excellence.

ConsultingInsuranceRisk Management

Responsibilities

Develop comprehensive integration plans for transactional accounting functions that align with the company’s strategic objectives and operational requirements

Collaborate with cross-functional teams to define integration milestones, timelines, and resource needs

Conduct detailed financial analyses to evaluate the impact of integration activities on banking, cash application, special handling, premium billing, and commission billing processes

Partner with NAC teams (Accounts Receivable, Billing, Accounts Payable, Senior Leadership Team) to ensure a smooth transition with proper controls in place

Manage the integration of special handling processes for cash applications, direct bill commission posting, premium, broker commission, & SLT payables

Ensure compliance with Corporate Finance Policy and industry standards while implementing robust controls and reporting mechanisms to mitigate fraud risks

Lead the integration of cash application processes, documenting special handling procedures and ensuring the Accounts Receivable team is well-prepared

Develop automated cash reconciliation procedures to enhance efficiency and accuracy, reducing manual intervention and minimizing discrepancies

Streamline payables management processes for premium payments, commissions, and claims settlements

Optimize carrier relationships and payment terms while developing standardized workflows and approval processes to improve transparency and control

Oversee the integration of premium billing and direct bill commission billing processes, ensuring accuracy and timeliness in invoicing and commission payments

Collaborate with insurance carriers and brokers to reconcile premium accounts and commission statements, resolve discrepancies, and ensure compliance with contractual agreements

Act as a key liaison between accounting teams, business units, insurance carriers, brokers, and external partners throughout the integration process

Communicate integration objectives, progress updates, and potential risks to stakeholders, fostering collaboration and alignment

Develop change management strategies to prepare NAC teams for the transition

Provide training and support to transactional teams and operational staff on new processes, systems, and controls introduced during the integration

Qualification

Transactional Accounting ExpertiseInsurance Industry KnowledgeProject ManagementFinancial AnalysisChange ManagementAccounting Software ProficiencyAnalytical SkillsStakeholder EngagementTraining SkillsMicrosoft ExcelMicrosoft WordCommunication SkillsInterpersonal SkillsOrganizational SkillsTime ManagementTeam CollaborationProblem-Solving Skills

Required

Bachelor's Degree in Accounting or Finance and 7 years of accounting project experience

10% - 35% travel required

Proficient in Microsoft Excel and Word

Requires specialized depth and/or breadth of expertise

Preferred

Bachelor's degree in Accounting, Finance, Business Administration, or a related field; CPA or equivalent certification preferred

Minimum of 7 years of experience in transactional accounting roles within the insurance brokerage or financial services industry, with a focus on premium & broker payables and commission processing

Comprehensive knowledge of insurance accounting principles, regulatory requirements, and industry best practices

Proven track record of leading successful integration projects, with strong project management and change management expertise

Exceptional analytical and problem-solving skills

Excellent communication and interpersonal abilities, with the capacity to engage and influence stakeholders across all organizational levels

Ability to work independently and collaboratively within a team environment

Strong organizational and time management skills to prioritize tasks and meet deadlines effectively

Willingness to travel as needed to acquisition partners and corporate headquarters

Proficiency in accounting software and Microsoft Office applications