Staff Accountant
AMERICAN FREEDOM INSURANCE
Mount Prospect, Illinois
| Date Posted | August 07, 2026 |
|---|---|
| Industry | Accounts Receivable, Accounts Payable |
| Job Status | Not Specified |
| Salary | Not Specified |
Description:
DescriptionAmerican Freedom Insurance Company (AFIC) is a midsized, profitable, and expanding nonstandard automobile insurance company doing business in Illinois, Indiana, Pennsylvania, Tennessee, Texas and licensed in Ohio. We are looking for someone that can contribute in a fast paced, growing organization. AFIC is financially strong and has earned an “A+” Superior rating from A.M. Best.
The position is hybrid (or full-time in office if preferred) and the office is located in Mount Prospect, Illinois, a suburb of Chicago
.
Responsibilities:
Responsible for Accounts Receivable and Accounts Payable
Review bank payments for accuracy, including Positive Pay
Lead collection of overdue balances including emailing/calling insurance agents when necessary
Update collections spreadsheet 2x/month
Account for bad debt write-offs
Enter payments into accounting software
Run month-end reports
Reconcile workpapers
Initiate Electronic Funds Transfer of commission payments
Make journal entries for commissions, refunds, fees, chargebacks, etc.
Print and email agency statements and summaries
Reconcile producer payments, bank deposits, refunds and workpapers, including collections
Review invoices to confirm amounts are approved/accurate and prepare and issue weekly expense checks
Ensure financial data complies with professional and regulatory standards
Identify and implement process improvements
Collaborate with other units to gather, analyze, and interpret relevant information
Additional responsibilities as assigned
Requirements
Insurance company accounting experience including statutory accounting principles is a plus
BA/BS degree in Accounting preferred
3+ years experience in accounts payable and/or receivable
Experience with QuickBooks a plus
Proficiency in MS Office, especially advanced Excel skills with V-Look Ups and Pivot Tables experience
Strong work ethic and ability to innovate
Responsible and conscientious nature
Exceptional attention to detail
Analytical aptitude
Strong organizational skills
Excellent communication skills to interact with agents and varying levels of management and staff
Team player with ability to work independently after training with little to no supervision
Benefits: AFIC offers a competitive salary and a comprehensive benefits package to support you
Competitive Salary: Rewarding your expertise and experience
Financial Security: 401K with up to a 6% company match
Health & Wellness: Choice of Blue Cross Blue Shield PPO, HMO, or HSA plans, Dental and vision insurance, Access to telemedicine services
Growth/Stability: Over 12 consecutive years of profitable growth, confirmed by A+ Superior rating by A.M. Best
Work-Life Balance: Monday-Friday, 8 am-5 pm CST
Holidays: At Least 6 Paid Holidays
Paid Time Off (PTO): PTO that can be used for vacation, personal, or sick time
Personal Days: Separate personal days for sickness, family needs, appointments or personal matters
Employee Recognition: We celebrate work milestones to show appreciation for your contributions
Professional Growth: Paid training, state licensing reimbursement, and opportunities for advancement
Positive Culture: Enjoy our inclusive holiday events, employee referral bonuses, and more
Apply
https://recruiting.paylocity.com/Recruiting/Jobs/Details/4399619
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