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Oswald Companies · 2 months ago

Carrier Payables Specialist

Cleveland, OH

Full-time

Hybrid

Entry, Mid Level

Oswald Companies is an independent, employee-owned company that has been providing protection to clients for 129 years. They are seeking a Carrier Payables Specialist to manage financial transactions related to carriers and clients, ensuring accurate processing of invoices and adherence to financial policies.

Financial ServicesInsurance

Responsibilities

Monitor, review, and process carrier payments

Work directly with our service team and carriers to facilitate accurate and timely completion of carrier payables function

Obtain necessary approvals and signatures on checks and other payment documents

Collaborate with internal departments to resolve carrier payable-related issues and ensure smooth operations, this includes but is not limited to client service team, billing, and AR

Assist in the development and enhancements of carrier payables process through streamlining tasks and improving efficiency

Develop and maintain strong relationships with agency partners and carrier partners, addressing inquiries and resolving payment discrepancies in a professional and timely manner

Implementing and maintaining carrier payables policies, procedures, and controls to ensure compliance with regulatory requirements and company guidelines

Maintain confidentiality of sensitive financial information and adhere to regulatory requirements

Participate in special projects and initiatives as assigned, demonstrating flexibility and adaptability in a fast-paced environment

Completes a higher volume of tasks and demonstrates ability to navigate complex processes

Qualification

Financial software proficiencyCarrier invoicing processesAttention to detailProblem-solving abilitiesOrganizational skillsCommunication skillsTeam collaborationTime managementInterpersonal skillsIntegrity

Required

Exceptional attention to detail and accuracy, with the ability to analyze complex financial data

Shows initiative to complete work without the prompting of others

Strong organizational and time management skills, with the ability to prioritize tasks and meet deadlines

Excellent communication and interpersonal skills, with the ability to build and maintain relationships with agency partners, carrier partners and internal stakeholders

Ability to work independently as well as collaboratively in a team-oriented environment

Solid problem-solving and decision-making abilities, with a proactive approach to identifying and resolving issues

Proficiency in financial software and spreadsheets: Experience with Vertafore AMS360 and ImageRight and spreadsheets to accurately record outgoing payments

Preferred

Familiarity with insurance agency management systems and processes helpful

Proficient in using agency management system software and Microsoft office applications preferred

Strong knowledge of carrier invoicing processes, agency management systems, and insurance billing practices preferred

Benefits

In addition to competitive pay, we have designed a performance-based annual incentive program. All employees are eligible to earn a bonus by meeting performance objectives.

Comprehensive medical, dental and vision plans and numerous supplemental benefit offerings.

Paid time off annually and a sabbatical at every 10-year service anniversary.

Ownership in the company in the form of company stock (discretionary profit-sharing and 401(k) match contribution)

Assistance with parking expenses, discount programs for area services/experiences, and financial support for professional development and licensure/designations

Access to specialized leadership development programming designed to take your career to the next level.