CoverWallet, Accounting Operations Specialist

About Us
CoverWallet, an Aon company, was founded in 2015 to reinvent the $100 billion small business insurance industry by using data, design, and technology. As a part of Aon, a leading global professional services firm providing a broad range of risk, retirement and health solutions with 50,000 colleagues in 120 countries, CoverWallet has the mentality and culture of a high-growth startup with the backing and support of a global multinational company.
CoverWallet is the easiest way for businesses to understand, buy, and manage insurance online and has been recognized as a CNBC Upstart 100, won the Best Insurtech Solution from the Benzinga Awards and was named “One of the Most Entrepreneurial Companies in America” by Entrepreneur Magazine. What the day will look like
The Accounting Operations Specialist is a member of the CoverWallet Accounting Operations team reporting to the Manager of Accounting Operations. You will be responsible for delivering efficient results through the successful execution of assigned responsibilities. The core activities of the Accounting Operations team include fiduciary cash balancing and reporting, fiduciary cash disbursements to insurance carriers, servicing front office and insurance carrier requests and billing inquiries, and partnering with Finance and Controllership on fiduciary funds monthly reporting.
CoverWallet, an Aon company is a fast-paced, growing firm that is the perfect place for a goal-oriented, hardworking individual who is looking to make a difference. We expect substantial growth over the next few years, which means you can expect plenty of opportunities for advancement. Essential Job Functions:
Responsible for daily, weekly, and monthly fiduciary cash balancing and reporting
Responsible for downloading banking activity reports from financial institutions to complete the daily reconciliation process
Responsible for discrepancy tracking coordination and resolution of issues related to customer payment application
Critically evaluate information gathered from multiple sources, reconcile conflicts, decompose high-level information into details, and abstract up from low-level
Responsible carrier remittances as assigned
Partner with the controllership team to resolve outstanding fiduciary bank account reconciliation items
Partner with CoverWallet operation and product teams to resolve policy system and data input errors that are resulting in cash reconciliation issues
Ad hoc analysis utilizing in-house systems and databases
Analyze information gathered from multiple sources, reconcile conflicts, decompose high-level information into details to identify recurring imbalance drivers
Point person for internal and external contacts for inquiries
Ensure compliance with accounting policies and financial controls
Other responsibilities and enterprise duties as assigned Skills and experience that will lead to success
Education:
Bachelor’s degree in Accounting, Finance, Management or Mathematics preferred
Minimum of 2 years related experience Technical :
Solid financial accounting and analytical skills
Experience in researching and resolving reconciliation variances
The position requires a motivated self-starter
Demonstrated excellent verbal, interpersonal, and written communication skills
Proficient in Excel, Google sheets, and database analytics
Insurance Agency accounting experience preferred
Strong customer service focus Professional:
Validated rapport and relationship-building skills with C-suite and executive-level stakeholders.
Demonstrated project and budget leadership skills from concept to execution, prioritizing high-impact activities, and keeping projects moving forward driven by deadlines and performance.
Strong attention to detail, with a lean-in and roll-up-your-sleeve demeanor, and ability to multitask in a fast-paced work environment.
Consistent track record building and handling channel partnerships with favorable business outcomes.
Excellent communication, presentation, and negotiation skills, with a consistent track record of successfully pitching for new business.
Highly organized, motivated, positive, and hard-working personality with the ability to quickly master exciting topics, think creatively, proactively solve problems, and drive results.
The salary range for this position (intended for U.S. applicants) is $40,000 - $46,00 annually. The actual salary will vary based on applicant’s education, experience, skills, and abilities, as well as internal equity and alignment with market data. The salary may also be adjusted based on applicant’s geographic location. Overiew of our benefits for this opportunity
Aon offers a comprehensive package of benefits for full-time and regular part-time colleagues, including, but not limited to: a 401(k) savings plan with employer contributions; an employee stock purchase plan; consideration for long-term incentive awards at Aon’s discretion; medical, dental and vision insurance, various types of leaves of absence, paid time off, including 12 paid holidays throughout the calendar year, 15 days of paid vacation per year, paid sick leave as provided under state and local paid sick leave laws, short-term disability and optional long-term disability, health savings account, health care and dependent care reimbursement accounts, employee and dependent life insurance and supplemental life and AD&D insurance; optional personal insurance policies, adoption assistance, tuition assistance, commuter benefits, and an employee assistance program that includes free counseling sessions. Eligibility for benefits is governed by the applicable plan documents and policies. How we support our colleagues
In addition to our comprehensive benefits package, we encourage a diverse workforce. Plus, our agile, inclusive environment allows you to manage your wellbeing and work/life balance, ensuring you can be your best self at Aon. Furthermore, all colleagues enjoy two “Global Wellbeing Days” each year, encouraging you to take time to focus on yourself. We offer a variety of working style solutions, but we also recognize that flexibility goes beyond just the place of work... and we are all for it. We call this Smart Working!
Our continuous learning culture inspires and equips you to learn, share and grow, helping you achieve your fullest potential. As a result, at Aon, you are more connected, more relevant, and more valued.
Aon values an innovative, diverse workplace where all colleagues feel empowered to be their authentic selves. Aon is proud to be an equal opportunity workplace.
Aon provides equal employment opportunities to all employees and applicants for employment without regard to race, color, religion, creed, sex, sexual orientation, gender identity, national origin, age, disability, veteran, marital, domestic partner status, or other legally protected status.
We welcome applications from all and provide individuals with disabilities with reasonable adjustments to participate in the job application, interview process and to perform essential job functions once onboard. If you would like to learn more about the reasonable accommodations we provide, email ReasonableAccommodations@Aon.com
Nothing in this job description restricts management's right to assign or reassign duties and responsibilities to this job at any time.
Aon is in the business of better decisions
At Aon, we shape decisions for the better to protect and enrich the lives of people around the world. As an organization, we are united through trust as one inclusive, diverse team, and we are passionate about helping our colleagues and clients succeed.
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