Accounting Clerk

Responsibilities

• Oversee the recording and reconciliation of financial transactions including daily deposits and ACH transactions, along with bank reconciliations, commission reconciliations, preparing premium finance agreements, managing questions from insureds on their direct and agency bill accounts, and follow-up on aged accounts receivable.
• Evaluate and resolve inquiries related to billing and account status, applying discretion in determining appropriate resolutions within company guidelines.
• Maintain oversight of financial records and filing systems including filing within ImageRight and Microsoft Teams ensuring accuracy and compliance with record-keeping standards.
• Manage Accounts Payable including carrier and operating payables, along with return premium checks to insureds.
• Ensures compliance with regulatory requirements, including oversight of licensing and related documentation.
• Manage printing and distributing SIG invoicing and statements and running the daily process.
• Collaborate with the Controller to prepare for internal and external audits by gathering, reviewing, and validating supporting documentation.
• Other duties as assigned by the Controller that require financial analysis, judgment, and recommendations to support the organization.

Required Skills/Abilities

• Strong analytical skills with the ability to interpret and apply accounting principles
• Ability to problem-solve accounting issues
• Ability to identify and resolve accounting discrepancies using independent judgment
• Ability to quickly grasp new technologies and adapt to using evolving tools
• Ability to accurately and efficiently enter data into computer software and systems accurately and in an organized fashion
• Basic understanding of accounting principles and procedures
• Ability to communicate effectively with clients and colleagues
• Ability to identify and resolve accounting discrepancies
• Familiarity with insurance industry terminology and practices is a plus
• Ability to manage multiple tasks and priorities in a fast-paced environment
• Strong attention to detail and to identify and correct errors in financial data
• Ability to work both independently and as part of a team
• Proficiency with PC and MS Office (Word and Excel)

Education and Experience

• A High School Diploma or Equivalent required
• Experience with accounting or bookkeeping preferred

About Sovereign Insurance Group

Sovereign Insurance Group has been a leader in the nonprofit, commercial property and casualty marketplace since 1959. We have grown from one location in Southeastern PA to a multi-state organization and are poised for continued expansion. Our philosophy is to approach our clients, insurance companies, and employees with humility, always considering the other party's interests above our own.

Benefits

• Health insurance, vision, dental, life insurance, and more. This includes an employer-sponsored HSA, paid coverage for employees, and cost-sharing for families.
• 401K with employer matching.
• PTO and paid holidays to support work-life balance. PTO is based on experience and is expected to increase over time.
• A casual office environment with a dedicated and professional team.
• Hybrid opportunities in Berwyn, PA.