Full-Time

Insurance Accounting Associate

Confirmed live in the last 24 hours

HUB

HUB

5,001-10,000 employees

Data & Analytics
Consulting
Consumer Software

Junior

Oakville, ON, Canada

Requires onsite presence in Oakville, Ontario for three days per week.

Category
Bookkeeping
Financial Accounting
Management Accounting
Accounting
Required Skills
Excel/Numbers/Sheets
Requirements
  • Required a minimum of 1 year in Accounting/ Finance field
  • Proven experience in managing AP process
  • High school diploma/GED required (Bachelor’s degree in Accounting/Finance is preferred)
  • Excellent attention to detail and accuracy in supporting processing functions
  • Strong organizational skills and ability to prioritize tasks effectively
  • Demonstrated proficiency working with Microsoft Excel and basic computer skills
Responsibilities
  • Prepare AP worksheet, review Outstanding AP and send summary
  • Process payments and set up EFT’s, Wires and send payment notifications
  • Process broker refunds and claims cheques and reconcile claims
  • Close accounting month and post journal entries including AFDA, expense accruals, SoA Reclasses, Trust position and other adjustments
  • Prepare revenue reports and reconcile income statement against production
  • Balance Sheet accounts reconciliation and bank reconciliation
  • Communicate with carriers on discrepancies and assist Operations team for production inquiries
  • Monitor bank transactions and verify flagged issues
  • Prepare sales tax

Company Stage

Debt Financing

Total Funding

N/A

Headquarters

Chicago, Illinois

Founded

1998

Simplify Jobs

Simplify's Take

What believers are saying

  • Embedded insurance models create new partnership opportunities for Hub.
  • Digital transformation in insurance boosts demand for Hub's advanced analytics solutions.
  • Growing importance of cybersecurity increases investments in Hub's cyber risk management.

What critics are saying

  • Rapid acquisitions may attract regulatory scrutiny from antitrust authorities.
  • Rising premiums and reduced coverage availability could lead to customer dissatisfaction.
  • Integration of acquired companies may disrupt Hub's existing workflows.

What makes HUB unique

  • Hub's acquisition strategy strengthens its market position and service offerings.
  • VIU by Hub enhances digital insurance solutions for financial institutions.
  • Hub's focus on personalized insurance products meets evolving customer needs.

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