Foundation Risk Partners · 2 hours ago
Accounts Payable Specialist
Foundation Risk Partners is one of the fastest growing insurance brokerage and consulting firms in the US, and they are seeking an Accounts Payable Specialist to join their team in Florida. The role involves processing payments to insurance carriers and brokers, ensuring compliance with financial controls, and maintaining accurate records.
InsuranceRisk Management
Responsibilities
Process premium payments to insurance carriers and brokers according to billing schedules and contractual terms
Review, validate, and reconcile carrier/broker invoices, statements, and payment requests
Ensure accurate policy numbers, payee information, and commission structures
Prepare daily payments via ACH transactions, wires, and checks
Review aging reports and resolve payable issues promptly
Reconcile carrier and broker accounts, including payment discrepancies, credits, and outstanding balances
Generate internal reports to check payment status, aging items and variances
Work with accounting teams to ensure financial accuracy and compliance
Serve as the primary AP contact for assigned carriers and brokers
Investigate and resolve billing issues, missing documentation, and errors
Communicate corrections needed courteously and professionally to account managers, carriers, and brokers
Ensure all payments adhere to internal controls, procedures and workflows
Maintain audit-ready documentation for all transactions
Support internal and external audits by providing requested AP records
Qualification
Required
Accounts payable experience (insurance industry strongly preferred)
Proficiency in Excel
Analytical, problem-solving, and organizational skills
Excellent communication skills—verbal and written
Experience handling high-volume, deadline-driven environments
Preferred
Experience working with various insurance carriers and wholesale brokers
Experience with Applied Epic insurance management system
Familiarity with insurance billing, premiums, commissions, and carrier/broker payment workflows
Benefits
Medical
Vision
Dental
401(k) with company match
Company paid life insurance
STD
LTD
Generous PTO policy starting at 18 days per year plus 10 paid holidays & 2 floating holidays
Company
Foundation Risk Partners
Foundation Risk Partners is born of decades of insurance expertise and leadership.
Funding
Current Stage
Late StageTotal Funding
$2MKey Investors
Barings
2022-08-09Acquired
2020-09-01Debt Financing· $2M
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