Staff Accountant

Description:

Staff Accountant
Benchmark Insurance Group of Texas

Position Summary
Benchmark Insurance Group is seeking a highly organized, analytical, and technology-driven Staff Accountant to support the financial operations of a rapidly growing insurance brokerage, MGA, and risk management firm specializing in real estate, construction, hospitality, and commercial insurance. The ideal candidate is not simply an accountant but a business-minded financial professional who enjoys building processes, improving systems, and creating financial visibility for leadership.
This role will be responsible for day-to-day accounting operations, agency bill reconciliations, commission accounting, carrier payables, accounts receivable management, trust accounting support, financial reporting, and KPI tracking. The Staff Accountant will play a critical role in helping Benchmark improve operational efficiency, cash flow management, profitability analysis, and financial controls. Financial transparency, commission reconciliation, trust accounting, and monthly reporting have been identified as strategic priorities for the organization.

About Benchmark Insurance Group
Benchmark Insurance Group is one of the fastest-growing insurance brokerages in Texas, specializing in real estate, construction, hospitality, and commercial insurance. Our mission is to simplify insurance distribution and underwriting through technology, data analytics, and industry expertise while delivering exceptional client service.
We are building an organization that values:
Professionalism
Integrity
Innovation
Accountability
Attention to Detail
Customer-Centric Service
Continuous Improvement
Ownership Mentality

Primary Responsibilities

Financial Accounting
Prepare monthly financial statements
Maintain general ledger accuracy
Perform month-end and year-end close activities
Prepare journal entries and account reconciliations
Review and reconcile bank accounts and credit card transactions
Assist in annual tax preparation and audits

Agency Bill & Trust Accounting
Reconcile agency bill transactions
Reconcile trust accounts monthly
Monitor carrier payables and receivables
Ensure compliance with Texas insurance trust accounting requirements
Investigate and resolve reconciliation discrepancies
Trust accounting and monthly reconciliation procedures are key agency initiatives.

Accounts Receivable Management
Monitor customer aged receivables
Identify delinquent accounts
Coordinate collections efforts with Account Managers
Produce monthly AR reports
Assist leadership in reducing bad debt exposure
Benchmark has identified accounts receivable management and collection procedures as a strategic priority.

Commission Accounting
Calculate and reconcile broker commissions
Reconcile carrier commission statements
Prepare monthly producer commission reports
Validate commission calculations against agency agreements
Assist with commission plan administration
Commission reconciliation and reporting are core accounting objectives.

Financial Reporting & KPIs
Prepare monthly:
Profit & Loss Statements
Balance Sheets
Cash Flow Reports
Aged Receivables Reports
Producer Production Reports
Department KPI Reports
Vendor Expense Analysis
Budget vs Actual Reports
Benchmark emphasizes monthly KPI reporting and operational accountability across all departments.
Operational Analysis
Analyze agency profitability
Track revenue by department
Monitor retention and growth metrics
Identify opportunities for cost reduction
Review recurring vendor expenses
Assist with budgeting and forecasting
Benchmark is actively focused on cost controls, operational efficiency, and profitability analysis.
Technology & Process Improvement
Assist with AMS360 accounting integration
Support QuickBooks administration
Help automate financial reporting
Improve accounting workflows
Maintain accounting SOPs
Support financial dashboard development
Benchmark’s growth strategy relies heavily on technology integration, automation, and data visibility.

Required Qualifications

Education
Bachelor’s Degree in Accounting, Finance, or related field

Experience
3-7 years accounting experience
Insurance agency, MGA, brokerage, or financial services experience preferred
Experience with commission accounting preferred
Experience with accounts receivable and collections
Experience with financial reporting and reconciliations

Software Experience
Preferred:
QuickBooks
AMS360
Vertafore
Microsoft Excel (Advanced)
Power BI
Microsoft 365
Google Sheets

Apply

https://risegroupinvestments.bamboohr.com/careers/43