Why This Role Stands Out
This hybrid role offers a fantastic opportunity to significantly impact operational excellence and sustainable growth within a globally recognized leader in the insurance industry. You'll thrive here if you possess a strong blend of transactional accounting expertise, insurance knowledge, and project management skills, eager to drive seamless integration processes and advance your career. Apply today to join a collaborative culture where your contributions are valued and you're empowered to succeed.
Quick Overview
Job Description
How you'll make an impact
As the Senior Analyst of Transactional Accounting Process Integration at Arthur J. Gallagher, one of the largest insurance brokerage companies globally, you will play a pivotal role in ensuring the seamless transition of transactional accounting functions. This includes banking, cash application, special handling, payables (premium, broker. SLT), premium billing, and direct bill commission processing. The position demands a unique combination of transactional accounting expertise, insurance industry knowledge, and project management skills to drive successful integration processes.
This role is instrumental in enabling operational excellence and supporting sustainable growth by ensuring the effective integration of transactional accounting functions across the organization.
Key Responsibilities:
- Integration Planning and Strategy:
- 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.
- Financial Impact Assessment:
- 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.
- Special Handling:
- 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.
- Cash Application and Reconciliation:
- 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.
- Payables Management for Premiums, Commissions, and Claims:
- 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.
- Premium Billing and Direct Bill Commission Billing:
- 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.
- Stakeholder Engagement and Communication:
- 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.
- Change Management and Training:
- 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.
About You
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.
#APIntegration
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Compensation and benefits
At Gallagher, we believe supporting our colleagues goes far beyond the role itself. For more information, visit our Benefits page.
- Competitive compensation
- Comprehensive benefits programs designed to support your well-being
- Career development opportunities and ongoing learning
- A collaborative, people-first culture with accessible leadership
- The opportunity to do meaningful work with global reach and local impact
At Gallagher, we are dedicated to building an inclusive and authentic workplace. If your past experience doesn’t align perfectly, we encourage you to join our Talent Community to stay connected to additional career opportunities. At times, we will consider transferable skills from previous roles.
Gallagher is an affirmative action/equal opportunity employer (Minorities/Females/Veterans/Disabled)
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