Cash Applications Analyst at Acrisure

Grand Rapids, Michigan, United States

Acrisure Logo
Not SpecifiedCompensation
Junior (1 to 2 years)Experience Level
Full TimeJob Type
UnknownVisa
Fintech, InsuranceIndustries

Requirements

  • High School Diploma or equivalent
  • 1-year general accounting background
  • Strong attention to detail and commitment to high accuracy
  • Shows initiative to complete work without prompting
  • Excellent organizational and time management skills
  • Effective communication and interpersonal skills
  • Ability to work independently and collaboratively in a team
  • Familiarity with insurance agency management systems and processes (helpful)
  • Sound knowledge of accounting principles and practices
  • Proficiency in Microsoft Office suite, particularly Excel
  • Comfortable with on-site presence

Responsibilities

  • Consistently process cash application tasks promptly and accurately
  • Reconcile cash to invoicing and proactively resolve outstanding discrepancies
  • Evaluate situations and determine when items should be escalated to management
  • Contribute to Accounts Receivable reconciliation after cash posting
  • Regularly seek feedback from others and apply it to tasks
  • Consistently meet daily and weekly metrics
  • Collaborate with the bank and internal departments to address receipt-related inquiries and resolve discrepancies
  • Identify opportunities to streamline processes and improve efficiency
  • Stay updated on industry regulations and best practices for compliance
  • Understand and adhere to Acrisure’s accounting best practices

Skills

Cash Application
Accounts Receivable
Reconciliation
Invoice Processing
Discrepancy Resolution
Metrics Tracking
Process Improvement
Regulatory Compliance

Acrisure

Insurance broker specializing in risk management

About Acrisure

Acrisure provides insurance and risk management services through a network of independent insurance agencies known as Agency Partners. This model allows Acrisure to offer tailored solutions to a diverse clientele, including business owners and institutions in sectors like agriculture, arts, and waste management. The Agency Partners maintain local relationships while leveraging Acrisure's global resources, ensuring personalized service. The company generates revenue by earning commissions and fees from insurance policies sold through its partners, fostering a mutually beneficial relationship. Acrisure's goal is to combine local expertise with global capabilities to deliver high-quality insurance solutions.

Grand Rapids, MichiganHeadquarters
2005Year Founded
$19.5MTotal Funding
DEBTCompany Stage
Financial ServicesIndustries
1,001-5,000Employees

Risks

Increased competition from fintech firms may challenge Acrisure's market share.
Rapid expansion could lead to integration risks and cultural clashes.
Strategic alliances may result in conflicts of interest or operational inefficiencies.

Differentiation

Acrisure's unique model leverages a global network of independent Agency Partners.
The company combines local expertise with global resources for tailored client solutions.
Acrisure's rapid growth is driven by strategic partnerships and innovative insurance products.

Upsides

Acrisure's expansion into new markets like Bermuda strengthens its global presence.
The appointment of industry veterans enhances Acrisure's leadership and growth potential.
Winning 'Broker of the Year' boosts Acrisure's reputation and client trust.

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