Accounting Operations Specialist
📋 Role Overview & Responsibilities
The Accounting Operations Specialist will be responsible for providing accounting support to multiple departments within Tokio Marine Highland including, but not limited to: reconciling bank accounts, optimizing billing processes and working closely with our broader accounting department.
This role is best suited for someone with previous accounting and/or billing experience who enjoys working with internal clients and has a learning mentality.
This is a hybrid, full-time, non-exempt position located in Frisco, TX.
ResponsibilitiesMaintain current individual ledger record for each individual loss fund and coordinate with staff on payment requirements / availability of fundsReconcile all carrier monthly claim activity reports with account / loss fund ledgersMaintain records for ACH/Wire(s) along with cash calls and VOID paymentsWork with the Accounting Dept on addressing escheated payments, wires and stop pay requests, transacting claim payment wires, and validating account balancesMonitor inbound claim funds and coordinate redistribution with Accounting based on unique criteriaManaging time sensitive daily balance reporting to division management and staffPrepare and maintain correspondence with external partners regarding disbursements, funding, and payment arrangements to include invoicing for services rendered.Act as contact for external financial partner auditsReview carrier activity reports and reconciliation records against bank account balances
QualificationsAccounting degree preferred3+ years of fund accounting, reconciliation, and reporting experienceStrong reconciliation abilities with attention to detail and ability to resolve exceptions timelyExcellent follow-up with external and internal partnersThe ability to analyze and interpret workflowsPossess an accounting acumen and knowledge that allows for work with basic to intermediate accounting concepts and reportsSuperior written and verbal communicationExperience in the insurance industry preferred
About Tokio Marine HighlandTokio Marine Highland Insurance Services (TMH) is a leading property and casualty underwriting agency. We offer a broad suite of tailored specialty risk management solutions, including private flood, fine art and lender-placed products. At TMH, it’s all about our clients. Nationwide, our customers rely on our trusted, industry-leading coverages, supported by compliance expertise, superior claims management and the highest caliber of service.
Founded in 1962, TMH is a wholly owned company of Tokio Marine Kiln, one of the largest carriers in the Lloyd’s of London insurance market and a member of the Tokio Marine Group. TMH has operating centers in Chicago, Il, Frisco, Texas, Miami, Fla., South Pasadena, Calif and Irvine, Calif.If you’re looking to advance your career, TMH is the perfect professional home. At TMH, you’ll have a chance to innovate with the world’s leading businesses, put your expertise into action on major projects, and work on game-changing initiatives. You’ll also make long-lasting professional connections through sharing different perspectives, and you’ll be inspired by the best.
Tokio Marine Highland, LLC (TMH) is an Equal Opportunity Employer. TMH’s success depends heavily on the effective utilization of qualified people, regardless of their race, ancestry, religion, color, sex, national origin, sexual orientation, gender identity and/or expression, disability, veteran status, or any characteristic protected by law. As a company, we adhere to and promote equal employment opportunities for all.
Consistent with the Americans with Disabilities Act (ADA) and applicable state and local laws, it is TMH’s policy to provide reasonable accommodation when requested by qualified individuals with disabilities during the recruitment process, unless such accommodation would cause an undue hardship. To make an accommodation request, please contact humanresources@tmhighland.com.
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This position is located in Frisco, TX with potential relocation and sponsorship assistance depending on candidate qualifications.
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