Account Specialist - Legal & General America

Overview

At Legal & General America, we aim to make a positive difference in the lives of our customers, partners, colleagues, and the communities in which they live.  As a recognized market leader of term life insurance, we’re working to transform our business through innovation and technology to provide products and solutions that help American families secure their financial futures.

We are a future-focused company, passionate about what we do and how we do it. This means working with pace and energy to reach our goals, and challenging ourselves to achieve more.  We strive to create a unique environment where balance between work and life is possible. Our employees' passion, dedication and hard work, as well as our career development opportunities, benefits, and employee activities contribute to our positive workplace culture.

The Account Specialist will review and/or prepare, timely and accurate, accounts payable invoices in DocStar; monthly escheat function; monthly bank & suspense reconciliations; audit expense reports; process voids; prepare journal entries; prepare municipalities payments; process CDI data and perform check disbursement function.  

Responsibilities

• Review accounts payable invoices in DocStar prior to processing with particular concern to sales tax assessments, allocations, vendor numbers, and adequate support and signature approvals. Verify that invoices are correctly coded with the correct invoice date, invoice number and remit address.
• Prepare monthly escheat worksheet. Research all checks outstanding more than six months. Void checks and prepare letters to payee. Prepare monthly replacement checks and research all checks outstanding. Process replacement checks invoices in DocStar and update worksheet.
• Prepare monthly bank and suspense reconciliations as assigned. Make necessary adjusting journal entries to clear outstanding items.
• Audit expense reports and ensure that employees are following the Business Expense Reimbursement Policy. Communicate with the preparer and reviewer items which are not within the Business Expense Reimbursement Policy.
• Process void checks in Epicor as needed. Send email to the requestor noting that the check was voided.
• Prepare various journal entries for:Ebox returns, NSF returns, EFT returns, PAC returns, daily miscellaneous bank deposit, reinsurance checks and wires, ZBA entries biweekly, monthly Tracker journal entries and manual Chuck checks deposit.
• Process CDI data in Epicor to facilitate bank and suspense research.
• Prepare municipality and assessment check requisitions for the various jurisdictions monthly and quarterly depending on the state’s guidelines. Some jurisdictions such as Kentucky payments are due quarterly, and the premium reports will need to be requested from IT helpdesk. At year-end prepare municipality for Louisiana, Alabama, and Georgia. Payments are due to the cities by January 1st. Prepare tax forms to comply with regulatory deadlines for the Tax Department. These are due in February annually.
• Perform the check disbursement function for all companies. Assure that internal control procedures are closely monitored, including verification of check registers with proper signature authorization. Verify the number of checks matches support, verification of voids or special handling and return checks to the proper individual. Obtain approvals to release disbursements based on internal policies and procedures.
• Other duties as assigned.

Qualifications

Education

High School diploma or equivalent

Experience/Knowledge

2-3 years Accounts Payable/Accounting experience

Skills

Math aptitude

General systems knowledge

Knowledge of basic Excel functions

Detailed oriented

Ability to multi-task in a fast-paced environment

What’s in it for you?

The expected hiring compensation range for this position is $47,200 - $61,300 annually. This position will be working on a hybrid basis out of our Frederick, Maryland office, requiring three days a week onsite. The hours for this position are from 7AM-3:30PM. 

The total compensation package for this position may include other elements, such as a sign-on bonus, long term incentives, and annual bonuses.  This role is eligible to participate in the Legal & General America Annual Incentive Plan. The current target payment for the position is 3% of base salary, modified for corporate and individual performance. Bonuses are pro-rated based on start date.  This role has 10 vacation days and 10 sick days that are accrued on a bi-weekly basis. Employees also have 9 paid holidays throughout the calendar year.

We have a competitive compensation and benefits package focused on your overall wellbeing.  Employee benefits include health, life, and dental insurance; 401K with company match up to 6% as well as a pension package; generous time off; and wellbeing initiatives throughout the year (we like doing fun stuff).  We’re big on professional development and we’ll support and mentor you in your career progression and expect you to help us pay it forward by helping us develop tomorrow's leaders and growth-focused professionals. We value our teams and our communities and believe in giving back. Enjoy time off to volunteer for those causes that matter most to you!

If hired, employee will be in an “at-will position” and the Company reserves the right to modify base salary (as well as any other discretionary payment or compensation program) at any time, including for reasons related to individual performance, Company or individual department/team performance, and market factors. The Company reserves the right to change benefits plans at any time.

We are an equal opportunity employer and value diversity at our company. We do not discriminate based on race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, perform essential job functions, and receive other benefits and privileges of employment. Please contact us to request accommodation.