Direct Bill Staff Accountant - Norfolk - USI Holdings Corporation

Job Title Direct Bill Staff Accountant

Date Posted 8/8/2014

Location Norfolk, VA

Job Type Full-Time Regular

Position Id EB-7425925353

Job Description Who We Are

The mission of USI is to be the leading distributor of fully integrated risk management, health and welfare and financial services solutions to the middle market. We are focused on having a passionate client-centric culture, balanced with our responsibilities to our employees, carrier partners and shareholders. USI is an equal opportunity employer and encourages diversity in the workplace.

History

USI was founded in 1994 when the first acquisition was made in California. The Company grew significantly over the next several years. In October 2002, the Company went public on the NASDAQ under the ticker symbol “USIH”. It then moved its corporate headquarters from San Francisco, CA to Westchester County, NY and continued to grow significantly. Today, we are a privately held company with $800 million in revenue across almost 100 offices in 26+ states. USI remains dedicated to upholding its founding principles of providing value-added service and the most attractive cost and coverage combination for a wide range of insurance solutions.
Additional information about USI may be found at www.usi.biz.

USI is Equally Committed to Its Employees

We offer our employees an exciting and dynamic environment in which to work with growth potential. We provide competitive pay and a comprehensive benefits package. Furthermore, when our employees join USI, they join a family of co-workers who support each other through USI-only programs, such as USI Cares, USI Educates, USI Peak, USI Summit and more.

Position Summary:

Responsibilities include but not limited to:

Direct Bill Commissions:

? Process benefits and personal lines direct bill commissions via One-Step in Sagitta. Search clients/policy numbers and enter premiums and commissions from statement received from insurance carrier

? Process commercial lines direct bill commissions through Company Bill in Sagitta. Match up what has been invoiced by Account Managers on Company Bill screen to what appears on statement from insurance carrier. If a discrepancy, research by contacting appropriate account manager

? Process due company statements. Involves researching to make sure money has not already been taken by the insurance carrier on the current statement. If okay to pay, process the statement via One-Step in Sagitta. Complete a check request form and give to Vendor Payables for payment to carrier

Reconciliations:

? Direct Bill G/L Accounts. Involves pulling the GL report for the suspense account the first of the month and making sure all debits and credits zero out. Must be completed by end of the 2nd working day of the month. What remains should be your accrual for the following month. Prepare an accrual entry for Manager’s approval

? Aged Accounts Receivable. Involves researching items on the report that are over $500 and 90 days old. This includes searching in Sagitta for possible double invoicing, items coded to a wrong department, etc. May involve contacting account managers, and carriers to resolve

? Process journal entries as required in Sagitta. Mainly used to move money out of the suspense account to revenue/fee accounts or to other suspense accounts

? Bank Reconciliations – Make sure all deposits that are in the bank account have been receipted

Experience/Specifications:

• Associates Degree or 2 years of accounting experience required; BA/BS a plus
• Strong work ethic with a defined sense of urgency
• Organized self starter that works well in a team environment
• Strong attention to detail and retention of pertinent information
• MS Office and Excel proficiency required
• Knowledge of general accounting
• Accurate and fast data entry


USI is an equal opportunity employer.