Arthur J Gallagher & Co.

Compensation

Full Description

Introduction Welcome to Gallagher - a global community of people who bring bold ideas, deep expertise, and a shared commitment to doing what's right. We help clients navigate complexity with confidence by empowering businesses, communities, and individuals to thrive. At Gallagher, you'll find more than a job; you'll find a culture built on trust, driven by collaboration, and sustained by the belief that we're better together. Whether you join us in a client-facing role or as part of our brokerage division, our benefits and HR consulting division, or our corporate team, you'll have the opportunity to grow your career, make an impact, and be part of something bigger. Experience a workplace where you're encouraged to be yourself, supported to succeed, and inspired to keep learning. That's what it means to live The Gallagher Way. How you'll make an impact As the Senior Analyst of Transactional Accounting Process Integration at Arthur J. Gallagher, one of the largest insurance brokerage companies globally, you will play a pivotal role in ensuring the seamless transition of transactional accounting functions. This includes banking, cash application, special handling, payables (premium, broker. SLT), premium billing, and direct bill commission processing. The position demands a unique combination of transactional accounting expertise, insurance industry knowledge, and project management skills to drive successful integration processes. This role is instrumental in enabling operational excellence and supporting sustainable growth by ensuring the effective integration of transactional accounting functions across the organization. Key Responsibilities: • Integration Planning and Strategy: • Develop comprehensive integration plans for transactional accounting functions that align with the company's strategic objectives and operational requirements. • Collaborate with cross-functional teams to define integration milestones, timelines, and resource needs. • Financial Impact Assessment: • Conduct detailed financial analyses to evaluate the impact of integration activities on banking, cash application, special handling, premium billing, and commission billing processes. • Partner with NAC teams (Accounts Receivable, Billing, Accounts Payable, Senior Leadership Team) to ensure a smooth transition with proper controls in place. • Special Handling: • Manage the integration of special handling processes for cash applications, direct bill commission posting, premium, broker commission, & SLT payables. • Ensure compliance with Corporate Finance Policy and industry standards while implementing robust controls and reporting mechanisms to mitigate fraud risks. • Cash Application and Reconciliation: • Lead the integration of cash application processes, documenting special handling procedures and ensuring the Accounts Receivable team is well-prepared. • Develop automated cash reconciliation procedures to enhance efficiency and accuracy, reducing manual intervention and minimizing discrepancies. • Payables Management for Premiums, Commissions, and Claims: • Streamline payables management processes for premium payments, commissions, and claims settlements. • Optimize carrier relationships and payment terms while developing standardized workflows and approval processes to improve transparency and control. • Premium Billing and Direct Bill Commission Billing: • Oversee the integration of premium billing and direct bill commission billing processes, ensuring accuracy and timeliness in invoicing and commission payments. • Collaborate with insurance carriers and brokers to reconcile premium accounts and commission statements, resolve discrepancies, and ensure compliance with contractual agreements. • Stakeholder Engagement and Communication: • Act as a key liaison between accounting teams, business units, insurance carriers, brokers, and external partners throughout the integration process. • Communicate integration objectives, progress updates, and potential risks to stakeholders, fostering collaboration and alignment. • Change Management and Training: • Develop change management strategies to prepare NAC teams for the transition. • Provide training and support to transactional teams and operational staff on new processes, systems, and controls introduced during the integration. About You Required: • Bachelor's Degree in Accounting or Finance and 7 years of accounting project experience. • 10% - 35% travel required. • Proficient in Microsoft Excel and Word. • Requires specialized depth and/or breadth of expertise. Preferred: • Bachelor's degree in Accounting, Finance, Business Administration, or a related field; CPA or equivalent certification preferred. • Minimum of 7 years of experience in transactional accounting roles within the insurance brokerage or financial services industry, with a focus on premium & broker payables and commission processing. • Comprehensive knowledge of insurance accounting principles, regulatory requirements, and industry best practices. • Proven track record of leading successful integration projects, with strong project management and change management expertise. • Exceptional analytical and problem-solving skills. • Excellent communication and interpersonal abilities, with the capacity to engage and influence stakeholders across all organizational levels. • Ability to work independently and collaboratively within a team environment. • Strong organizational and time management skills to prioritize tasks and meet deadlines effectively. • Willingness to travel as needed to acquisition partners and corporate headquarters. • Proficiency in accounting software and Microsoft Office applications. #LI-TL1 #APIntegration Compensation and benefits We offer a competitive and comprehensive compensation package. The base salary range represents the anticipated low end and high end of the range for this position. The actual compensation will be influenced by a wide range of factors including, but not limited to previous experience, education, pay market/geography, complexity or scope, specialized skill set, lines of business/practice area, supply/demand, and scheduled hours. On top of a competitive salary, great teams and exciting career opportunities, we also offer a wide range of benefits. Below are the minimum core benefits you'll get, depending on your job level these benefits may improve: • Medical/dental/vision plans, which start from day one! • Life and accident insurance • 401(K) and Roth options • Tax-advantaged accounts (HSA, FSA) • Educational expense reimbursement • Paid parental leave Other benefits include: • Digital mental health services (Talkspace) • Flexible work hours (availability varies by office and job function) • Training programs • Gallagher Thrive program - elevating your health through challenges, workshops and digital fitness programs for your overall wellbeing • Charitable matching gift program • And more... The benefits summary above applies to fulltime positions. If you are not applying for a fulltime position, details about benefits will be provided during the selection process. We value inclusion and diversity Click Here to review our U.S. Eligibility Requirements Inclusion and diversity (I&D) is a core part of our business, and it's embedded into the fabric of our organization. For more than 95 years, Gallagher has led with a commitment to sustainability and to support the communities where we live and work. Gallagher embraces our employees' diverse identities, experiences and talents, allowing us to better serve our clients and communities. We see inclusion as a conscious commitment and diversity as a vital strength. By embracing diversity in all its forms, we live out The Gallagher Way to its fullest. Gallagher believes that all persons are entitled to equal employment opportunity and prohibits any form of discrimination by its managers, employees, vendors or customers based on race, color, religion, creed, gender (including pregnancy status), sexual orientation, gender identity (which includes transgender and other gender non-conforming individuals), gender expression, hair expression, marital status, parental status, age, national origin, ancestry, disability, medical condition, genetic information, veteran or military status, citizenship status, or any other characteristic protected (herein referred to as "protected characteristics") by applicable federal, state, or local laws. Equal employment opportunity will be extended in all aspects of the employer-employee relationship, including, but not limited to, recruitment, hiring, training, promotion, transfer, demotion, compensation, benefits, layoff, and termination. In addition, Gallagher will make reasonable accommodations to known physical or mental limitations of an otherwise qualified person with a disability, unless the accommodation would impose an undue hardship on the operation of our business.