Accounting Specialist at Integrated Specialty Coverages, LLC

Carlsbad, California, United States

Integrated Specialty Coverages, LLC Logo
Not SpecifiedCompensation
Junior (1 to 2 years), Mid-level (3 to 4 years)Experience Level
Full TimeJob Type
UnknownVisa
Insurance, InsurtechIndustries

Requirements

  • Bachelor’s Degree or equivalent years of relevant accounting experience
  • Minimum of one year experience in accounting
  • Demonstrated oral and written communication skills
  • Excel experience required

Responsibilities

  • Operating in multiple insurance-based accounting platforms
  • Posting outgoing cash through multiple bank accounts (with some accounts’ daily volume of up to $1M)
  • Invoicing/Billing
  • Direct Bill Statements
  • Monitoring aged receivables and collections
  • Maintains financial records for affiliated companies by analyzing balance sheets and general ledger accounts
  • Reconciles general and subsidiary bank accounts by gathering and balancing information
  • Pulling financial reports and assisting with special projects
  • Corrects errors by posting adjusting journal entries
  • Maintains general ledger accounts by reconciling accounts receivable detail and control accounts, analyzing and reconciling retainage and accounts payable ledgers
  • Maintains accounting controls by following policies and procedures, complying with federal, state, and local financial legal requirements
  • Accomplishes accounting and organization mission by completing related results as needed

Skills

Bank Reconciliation
General Ledger
Accounts Receivable
Accounts Payable
Invoicing
Billing
Journal Entries
Financial Reporting
Data Analytics
Aged Receivables
Collections
Balance Sheet Analysis

Integrated Specialty Coverages, LLC

Insurance program administration using data and AI

About Integrated Specialty Coverages, LLC

Integrated Specialty Coverages (ISC) uses data and technology to improve the insurance process for brokers and carriers by creating and managing tailored insurance programs. They enhance underwriting accuracy and customer experience through data analytics and artificial intelligence, allowing for quick pricing indications. ISC stands out by simplifying the submission process and providing flexible insurance solutions, such as their customizable Homeowners program. Their goal is to deliver the fastest and most efficient service possible in the insurance industry.

Town of Harrison, New YorkHeadquarters
2016Year Founded
VENTURE_UNKNOWNCompany Stage
Fintech, Financial ServicesIndustries
51-200Employees

Benefits

Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Mental Health Support
Health Savings Account/Flexible Spending Account
Unlimited Paid Time Off
Paid Vacation
Paid Sick Leave
Paid Holidays
Hybrid Work Options
401(k) Retirement Plan
401(k) Company Match
Professional Development Budget
Conference Attendance Budget
Wellness Program
Short-term Disability
Employee Discounts
Phone/Internet Stipend

Risks

Integration of acquisitions like Abacus may face cultural and operational challenges.
New Marine Division may initially experience operational inefficiencies.
ISCX platform development could face technical challenges or delays.

Differentiation

ISC uses AI to provide pricing indications in minutes, enhancing efficiency.
The company offers tailored insurance programs, including an exclusive Homeowners program.
ISC's ISCX platform centralizes access for brokers and wholesalers across all business lines.

Upsides

Growing demand for AI-driven underwriting boosts ISC's market position.
Expansion into marine insurance aligns with global trade growth opportunities.
Rising need for personalized insurance products benefits ISC's data analytics capabilities.

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