Company Overview
Axon Underwriting Services LLC was formed in 2013 by underwriting and brokerage experts in order to raise the bar in business insurance performance. Offering a highly efficient Program Administrator/MGA platform and insurance services, Axon provides its brokerage partners the ability to expand current offerings. Our extensive understanding of industry-specific exposures enables us to create comprehensive coverage programs and solutions for targeted industries. Axon underwrites and distributes products backed by the financial strength of domestic A-rated Carriers and as a Coverholder for Lloyds of London. We are a values-based organization where respect, integrity, excellence, collaboration, and passion define who we are and how we do business. We value diversity of backgrounds, experience, and perspectives and strive to foster an inclusive environment that enables all our team members to bring their best selves to work.
Job Summary:
Axon has an exciting opportunity for an accounting professional to support the day-to-day operations of Axon’s corporate entities and insurance underwriting services. The role is hybrid, based in Morristown, NJ.
Key Responsibilities:
The role is anticipated to include, but not be limited to the following:
- Process timely premium payments to insurance carriers (via checks, ACH, Wire or online) to avoid notices of cancellation.
- Initiate Electronic Payments (ACH or Wire Transfers) and checks as necessary for Accounts Payable/Vendors.
- Research and resolve payable discrepancies (premium, commission, billing, etc.)
- Follow-up on carrier invoices or statements through all the necessary channels.
- Apply or resolve return premium payments from insurance carriers.
- Depositing funds to bank.
- Posting/allocating cash to client accounts.
- Answer Accounts Receivable aging reports and distribute accordingly; following up as needed.
- Act as a backup for other Accounting team members as needed.
- Reconciliation of corporate American Express account and receipts.
- Review and process expense reports
- Management of the general ledger and create managerial reports for various business units.
- Guarantee accurate and timely recording of financial transactions
- Aid in the preparation of periodic financial statements and oversee daily cash management.
- Handle monthly accruals and journal entries for diverse categories.
Qualifications, Skills and Experience:
- Bachelor’s degree in economics, accounting, finance, or equivalent experience
- Minimum 2 years’ experience in a Finance or Accounting role, preferably within the Property and Casualty Insurance Field
- Exceptional level of detail orientation, be highly organized and be able to manage multiple projects
Benefits:
- Competitive compensation based on experience
- Bonus eligible
- Medical, Dental, Vision, Life, Disability, Telemedicine, 401k, Pet Insurance
- Generous holiday schedule
- PTO
NOTE: Compensation will be commensurate with experience. This job description is not intended to be all-inclusive. Team Member may perform other related duties as negotiated to meet the ongoing needs of the organization. Interested in working with us? Send your resume to Sherrie Newman at snewman@axonu.com.