Ryan Specialty is looking for a Payables Team Lead to join our team. We are a fast paced, energetic and rapidly growing organization that offers a great opportunity for someone interested in further developing their career. Ryan Specialty has been named one of America’s Most Loved Workplaces by Newsweek, and has been named 2023 Top Insurance Employer by Insurance Business America.

***This role has potential to be remote!

Position Summary:

The Payables Team Lead works closely with the Payables Supervisor on the daily reconciliation and submission of payments to insurance carriers. This position is responsible for analyzing team processes and leading strategies to maximize efficiencies in the accounting department operations. 

Essential Functions:

• Build and maintain relationships with internal and external customers to accelerate carrier payments
• Mentor and train Carrier Payables Team staff
• Assist with processing of write offs while maintaining template and ledger accuracy
• Daily review and management of advances, offsets and vouchers
• Maintain consistent communications with large market trading partners requiring special handling
• Shares responsibility for timeliness of carrier payables inbox response
• Assists with the reconciliation of carrier invoices and statements to the premium accounting billing system and preparing carrier payments. 
• Monitors staff performance to ensure payments are remitted timely and accurately in accordance with company policies
• Ensure accuracy of carrier merger and acquisition consolidation efforts
• Independently investigate, research, and resolve issues as they relate to billing accuracy
• Support other Premium Accounting Teams in resolving issues and maintaining customer service standards 
• Approves premium payments and ensures the completeness of those payments
• Identify and initiate process and project improvements for the Payables Team

Education/Experience/Skills:

• Associate’s Degree (AA) in Accounting or other relevant discipline, or equivalent combination of education and experience. 
• Five to seven years relevant experience preferred
• Demonstrated ability to manage multiple priorities in a high volume position, deliver timely and accurate work products with customer service focus and respond with sense of urgency as required.
• Proficiency in Microsoft Excel and Outlook
• Insurance industry and agency management system experience strongly desired
• Exceptional attention to detail
• Excellent verbal and written communication skills
• Strong teamwork orientation; willingness to help larger team meet goals and responsibilities

Disclaimer

How We Support Our Teammates 

Ryan Specialty seeks to offer our employees a comprehensive and best-in-class benefits package that helps them — and their family members — achieve their physical, financial, and emotional wellbeing goals. In addition to our comprehensive benefits package, we encourage a diverse workforce that allows you to manage your wellbeing and work/life balance. We understand that you have a life outside of work. That's why we offer paid time off for vacation, sick and personal days. In addition, we offer paid parental leave and paid company holidays.  

Ryan Specialty values a diverse workplace where all colleagues feel empowered to be their authentic selves, and we are proud to be an equal-opportunity workplace. Ryan Specialty provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, creed, sex, sexual orientation, gender identity, national origin, age, disability, veteran, marital, domestic partner status, or other legally protected status. Ryan Specialty is committed to a diverse workforce.  

The target hourly range for this position is $26.44 - $34.00. The wage range for this role considers many factors, such as training, transferable skills, work experience, licensure and certification, business needs, and market demands. The base pay range is subject to change and may be modified in the future. Full-time roles are eligible for bonuses and benefits. For additional information on Ryan Specialty Total Rewards, visit our website https://benefits.ryansg.com/. 

We provide individuals with disabilities reasonable accommodations to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment in accordance with applicable law. Please contact us to request an accommodation at HR@Ryansg.com 

The above is intended to describe this job's general requirements. It is not to be construed as an exhaustive statement of duties, responsibilities, or physical requirements. Nothing in this job description restricts management's right to assign or reassign duties and responsibilities to this job at any time. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.