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18 Nov 2021

Full-Time Office Manager/Bookkeeper – Insurance Brokerage

Insurance Career Network – Posted by Monica Markham, Ontario, Canada

Job Description

Our client is a fast-paced, professional, insurance brokerage in the Markham area.  Due to an upcoming retirement they are looking for a mature, knowledgeable, detail oriented individual, who is tech-savvy, able to multi-task with a variety of duties, and has strong book-keeping skills.

Summary: This position is responsible for the maintenance and care of all financial records and operations of the brokerage and activities relating to bookkeeping, regulatory, automation and human resources management and tracking and reporting of producer activity.

Duties include

Maintain accounting ledgers, supporting books and records with sound knowledge of banking practices for general and trust accounts.

Review and reconcile insurance company statements.

Review and reconcile producer and employee commissions.

Administer all compliance and reporting including RIBO, MTO, and ARIS. Experience with managing a RIBO audit is an asset

Ensure all systems, procedures, and insurance company accounting regulations are communicated and complied with.

Annually assist accountants with information necessary to compile annual financials

Pay company accounts, manage and monitor expenses and cash flow.

Collect outstanding accounts in conjunction with producer or account managers.

Prepare and post all journal entries.

Coordinate seminars, education and training of employees as required by RIBO and monitor continuing education requirements for each licensed broker

Assist in training new employees and manage their integration e.g. set up desks, office procedures, reviews.

Maintain and assist in developing office and procedures manuals and information.

Manage tax reporting requirements and payments.

Develop and monitor budgets.

Responsible for Human Resource administration, policies and practices.

Manage commission payments, payroll, benefits and maintain attendance records.

Other duties as may be assigned as needs arise or as required to support essential functions.

Provide reports to management

Office upkeep, maintenance and supplies

Qualifications and Requirements

Post secondary diploma/certificate in office or business administration.

Insurance bookkeeping or accounting experience (min of 3 years)

Exceptional communication (fluent English), computer and bookkeeping skills

Familiarity with RIBO regulations, report requirements and all matters of compliance.

Finance and accounting aptitude

Thorough knowledge of Human Resource management

Knowledge of broker management system – Power Broker is an asset

Excellent organization and time management skills with ability to multi-task

Strong attention to detail, problem solving and analytical skills

Knowledge of general insurance

Satisfactory police criminal check

We are offering –

·         Excellent remuneration package commensurate with experience, knowledge and accreditations

·         Company paid benefit plan (dental, vision, life, LTD)

·         Easy ground floor access with free parking

How to Apply

Insurance Career Network is a recruitment firm focused exclusively on the insurance industry.  Our relationships, knowledge and leading experience enable us to connect leading insurers, brokerage firm and independent adjusting firms with the most talented candidates for each role. Since 1991, we have been building and nurturing relationships and with over 13,000 registered candidates, we can tap into our highly technical experience for our clients.  Our recruiters come directly from insurance related positions and bring a wealth of knowledge to each recruitment assignment. TO APPLY: Register and submit your resume to monica@insurancecareernet.com or call Monica  for more information 416 703-5120 ext 201

Job Categories: Accountant. Job Types: Full-Time.

Job expires in 22 days.

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