Superior Insurance Partners
Revenue Reconciliation Specialist
Superior Insurance Partners, Chicago, Illinois, United States, 60290
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Direct Bill Specialist
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Superior Insurance Partners 2 days ago Be among the first 25 applicants Join to apply for the
Direct Bill Specialist
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Superior Insurance Partners Get AI-powered advice on this job and more exclusive features. Superior Insurance Partners is a rapidly growing insurance brokerage platform, focused primarily on providing commercial lines, personal lines, and employee benefit solutions to companies and individuals. Superior acquires and partners with leading independent insurance agencies primarily in the Midwest and Eastern US. The company's mission is to improve the lives of its agency partners. Superior does this by creating a highly tailored plan for each of its agency partners to help them achieve their goals, and providing customized resources including accounting/finance, recruiting, HR, AMS/IT, marketing, and M&A support. Agency partners are aligned through long-term economic incentives while leveraging the benefits of best practices, scale, and resources across Superior's shared platform.
Superior is backed by Tyree & D'Angelo Partners ("TDP"), a leading Chicago-based private equity firm that makes control ownership investments in, and partners with, lower middle market businesses with the goal of creating meaningful value for all involved. TDP is currently investing out of its third fund and has managed and created over $3 billion of capital and company enterprise value. TDP has significant experience investing in service businesses and has completed over 1000 investment partnerships in its history.
We are currently seeking Direct Bill Accounting Specialists to join our high-growth, fast-paced company. This position will report to the Revenue Manager and play a key role in onboarding and supporting acquired agencies with agency management system ("AMS") and accounting responsibilities. Desire to work at a growth-oriented business with a focus on acquisitions and integrations is highly valued. The chosen candidate will be a team player and ensure the accurate and timely processing and reconciliation of direct bill commission payments from carriers.
Job Responsibilities:
Download, review, and reconcile direct bill commission statements from carriers. Work with our outsourced direct bill partner to reconcile discrepancies between cash received and carrier commission statements. Post commission entries into the agency management system (e.g., Applied Epic, AMS360). Assist in preparing financial reports related to direct bill activity. Reconcile monthly carrier statements and ensure proper allocation to producers. Maintain accurate records of commission receivables Recommend and implement process improvements for efficiency and accuracy. Collaborate with IT and operations to optimize system workflows. Assist in the creation of ad hoc financial analyses for agency partners.
Required Criteria
Associate or Bachelor's degree in Accounting, Finance, or related field Strong understanding of accounting principles and commission structures. Strong attention to detail and a high degree of accuracy. Good verbal and written communication skills. Proficiency in Microsoft Excel (including advanced skills), Word, Outlook and preferably Power Point. Must be able to multi-task and meet agreed upon deadlines. Ability to thrive in a fast-paced/high-growth environment. Local to the greater Chicago area.
Preferred Criteria
2+ years of accounting experience Private equity experience Proficiency in Applied EPIC and/or AMS360 Insurance industry experience Experience reconciling carrier commission statements
Job Type:
Full-time Seniority level
Seniority level Entry level Employment type
Employment type Full-time Job function
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Direct Bill Specialist
role at
Superior Insurance Partners 2 days ago Be among the first 25 applicants Join to apply for the
Direct Bill Specialist
role at
Superior Insurance Partners Get AI-powered advice on this job and more exclusive features. Superior Insurance Partners is a rapidly growing insurance brokerage platform, focused primarily on providing commercial lines, personal lines, and employee benefit solutions to companies and individuals. Superior acquires and partners with leading independent insurance agencies primarily in the Midwest and Eastern US. The company's mission is to improve the lives of its agency partners. Superior does this by creating a highly tailored plan for each of its agency partners to help them achieve their goals, and providing customized resources including accounting/finance, recruiting, HR, AMS/IT, marketing, and M&A support. Agency partners are aligned through long-term economic incentives while leveraging the benefits of best practices, scale, and resources across Superior's shared platform.
Superior is backed by Tyree & D'Angelo Partners ("TDP"), a leading Chicago-based private equity firm that makes control ownership investments in, and partners with, lower middle market businesses with the goal of creating meaningful value for all involved. TDP is currently investing out of its third fund and has managed and created over $3 billion of capital and company enterprise value. TDP has significant experience investing in service businesses and has completed over 1000 investment partnerships in its history.
We are currently seeking Direct Bill Accounting Specialists to join our high-growth, fast-paced company. This position will report to the Revenue Manager and play a key role in onboarding and supporting acquired agencies with agency management system ("AMS") and accounting responsibilities. Desire to work at a growth-oriented business with a focus on acquisitions and integrations is highly valued. The chosen candidate will be a team player and ensure the accurate and timely processing and reconciliation of direct bill commission payments from carriers.
Job Responsibilities:
Download, review, and reconcile direct bill commission statements from carriers. Work with our outsourced direct bill partner to reconcile discrepancies between cash received and carrier commission statements. Post commission entries into the agency management system (e.g., Applied Epic, AMS360). Assist in preparing financial reports related to direct bill activity. Reconcile monthly carrier statements and ensure proper allocation to producers. Maintain accurate records of commission receivables Recommend and implement process improvements for efficiency and accuracy. Collaborate with IT and operations to optimize system workflows. Assist in the creation of ad hoc financial analyses for agency partners.
Required Criteria
Associate or Bachelor's degree in Accounting, Finance, or related field Strong understanding of accounting principles and commission structures. Strong attention to detail and a high degree of accuracy. Good verbal and written communication skills. Proficiency in Microsoft Excel (including advanced skills), Word, Outlook and preferably Power Point. Must be able to multi-task and meet agreed upon deadlines. Ability to thrive in a fast-paced/high-growth environment. Local to the greater Chicago area.
Preferred Criteria
2+ years of accounting experience Private equity experience Proficiency in Applied EPIC and/or AMS360 Insurance industry experience Experience reconciling carrier commission statements
Job Type:
Full-time Seniority level
Seniority level Entry level Employment type
Employment type Full-time Job function
Job function Other Industries Insurance Referrals increase your chances of interviewing at Superior Insurance Partners by 2x Get notified about new Specialist jobs in
Chicago, IL . Chicago, IL $39.42-$128,000.00 2 weeks ago Chicago, IL $70,000.00-$80,000.00 3 weeks ago Chicago, IL $117,000.00-$168,000.00 1 week ago Guest Relations Coordinator- Chicago/ Atlanta
Chicago, IL $117,000.00-$168,000.00 3 days ago Chicago, IL $67,800.00-$75,300.00 6 days ago Chicago, IL $106,000.00-$152,000.00 1 week ago Chicago, IL $68,000.00-$78,000.00 6 days ago Chicago, IL $60,000.00-$100,000.00 5 days ago Chicago, IL $64,720.00-$97,080.00 2 weeks ago Exchange Operations Specialist- Junior/entry level, US
Chicago, IL $70,000.00-$75,000.00 2 weeks ago Oakbrook Terrace, IL $59,300.00-$86,000.00 2 weeks ago Chicago, IL $68,625.00-$96,075.00 2 weeks ago Chicago, IL $52,200.00-$78,200.00 1 week ago Chicago, IL $50,000.00-$70,000.00 2 weeks ago Regional Provider Relations Specialist - Chicago
Chicago, IL $70,000.00-$80,000.00 1 week ago Chicago, IL $47,800.00-$56,200.00 1 week ago Northbrook, IL $64,000.00-$74,000.00 3 weeks ago Chicago, IL $55,000.00-$65,000.00 2 weeks ago Supply Chain Customer Compliance Specialist
Senior Regional Marketing Specialist, Central
Itasca, IL $64,700.00-$97,080.00 2 weeks ago Academic Affairs Advisor (Retention Specialist)
We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.
#J-18808-Ljbffr