Finance and Operations Associate Sacramento, California, United States

Tbwa Chiat/Day Inc • Sacramento, CA, United States • $200k - $250k / year • 1m ago

Integrated Specialty Coverages, LLC (ISC) is a growth stage technology and data-driven commercial insurance wholesaler leading innovation in the market.

Backed by one of the leading private equity firms, KKR, and led by a forward-thinking management team, ISC is combining the worlds of insurance and technology to create an Insurtech powerhouse. As a leading online distributor of insurance products for a range of industries and “Main Street USA”, we are looking for the right people to help us in our mission of achieving exponential growth. We strive to be the number one place to go for brokers and agents to source insurance. To accomplish this, we’re building a digitally focused team that deeply understands the intersection between user experience, data, and AI/ML to optimize the way we engage with our customers and partners.

Job Summary

As a finance and operations agent at California Contractors Insurance Services, you will play a vital role in the financial and operational aspects of our insurance business. You will be responsible for payment processing, document issuance, financial calculations, and various operational tasks to keep our company running smoothly.

This role requires onsite attendance in our Sacramento office.

Position Responsibilities:

Daily Payment Processing: Execute daily credit card batch processing for all in-house payment plans with precision and timeliness.
Payment Plan Management: Manage client payment plan payments, including collecting new payment methods as needed, and ensuring compliance with signed payment agreements.
Document Issuance: Issue client and carrier Notices of Intent (NOI), Notices of Cancellation (NOC), and Notices of Reinstatement (NOR) as required.
Bond Riders: Prepare and issue bond riders to the Contractors State License Board (CSLB) and specified carriers.
Cancellations and Return Premium Calculations: Submit and monitor the progression of cancellations and accurately calculate and prepare return premium calculations in accordance with company guidelines.
Bond Premium Transfers: Facilitate bond premium transfers efficiently and accurately.
Accounting Support: Collaborate with the accounting department to assist with inquiries and liaise with third-party vendors as needed.
Audits and Policy Assistance: Provide support, as needed, for audits, liability policy rewrites, and general liability (GL) premium transfers.
Cash Handling: Assist the accounting team with daily check and cash deposits, ensuring accuracy and compliance with financial procedures.
Cash Box Reconciliation: Conduct monthly reconciliation of the cash box to maintain financial accuracy.
Check Processing: Assist in printing and cutting checks to facilitate financial transactions.
Data Management: Support data management and clean-up efforts to ensure data accuracy and integrity.

Minimum Qualifications:

Bachelor's degree in finance, accounting, or a related field is preferred.
2+ years of previous experience in finance or operations roles within the insurance industry is advantageous.
Exceptional attention to detail and accuracy in financial and operational tasks.
Proficiency in financial software and tools.
Strong communication and interpersonal skills.
A collaborative team player with excellent organizational abilities.
Familiarity with insurance regulations and processes is a plus.

The starting hourly pay scale for this position is listed below. Actual starting pay will be based on factors such as skills, qualifications, training, and experience. In addition, the company offers comprehensive benefits including medical, dental and vision insurance, 401(k) plan with match, paid time off, and other benefits.

ISC's salary ranges are determined by role and level. The range displayed on each job posting reflects the minimum and maximum target for new hire salaries for the position across all US locations and could be higher or lower based on a multitude of factors, including job-related skills, experience, and relevant education or training.

National Pay Range: $24 - $29 USD

Benefits of Working at ISC:

Employee Ownership Program - every eligible employee shares in the financial rewards that grow when the company grows.
Owner Referral Program.
Work from home reimbursement for remote/hybrid roles.
Burnalong digital health and wellness platform.
Canary emergency financial assistance program.
Life/AD&D Insurance.
Confidential, Employee Assistance Program.
Health Savings Account, includes company contribution.
Short-term disability.
Voluntary benefits - supplemental accident, critical illness, hospital insurance.
401(k) Plan with company match contribution.

Applicants may contact the ISC HR department via e-mail or phone to request and arrange for an accommodation that will allow the applicant to successfully complete the application process. Applicants needing assistance may request accommodation at any time. Please contact ISC at HR@ISCMGA.com or 760-599-7242.

ISC believes in creating long-term relationships by being responsive and relevant and by consistently delivering value to our community of customers. Specifically, we focus on attracting, developing, and retaining the best talent for our business, challenging our people, demonstrating a “can-do” attitude, and fostering a collaborative and mutually supportive environment.

Diversity creates a healthier atmosphere: All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, age, gender, gender identity, sexual orientation, marital status, medical condition, genetic information, mental or physical disability, military or veteran status, or any other characteristic protected by local, state, or Federal law.

**Must be legally authorized to work in the United States without employer sponsorship.**

**ISC participates in the Federal E-Verify program.**

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