Accounting Clerk

The Accounting department within IAT has an immediate opening for an Accounting Clerk in our Raleigh, North Carolina or Newark, New Jersey locations.  The ideal candidate will handle a wide range of important duties, as detailed in the section below.

This role works a hybrid schedule from an IAT Office in Raleigh, North Carolina or Newark, New Jersey. The hybrid schedule reflects our values (thinking and acting like an owner, collaboration, and teamwork) as it requires working from the office with colleagues and other disciplines Monday through Wednesday, with the option of working Thursday and Friday remotely.

Responsibilities: Provides administrative support to the Collateral Department Manager, including;

• Processing and recording receipts and disbursements of cash collateral.
• Maintaining and reconciling bank accounts and reports.
• Assisting with the acceptance, review, and amendments to Letters of Credit (ILOC)
• Reviewing, recording, and filing of legal documents related to the collateral business (Indemnity Agreements, Letters of Credit, Collateral Agreements).
• Provide service and support to the Surety Business Unit related to collateral inquiries.
• Perform other duties as needed.
• Maintaining and updating accounting records and files.
• Reviewing and reconciling financial data.
• Assisting with audits by providing documentation and explanations as needed.
• Assisting in the compiling of monthly, quarterly and annual financial statements and reports.
• Perform other duties as needed.

Provides clerical support to the Finance Manager, including; Qualifications: Must Have:

• High School degree or GED with 2+ years of accounting clerical experience or equivalent.
• Equivalent is defined as having a Bachelor's degree in Accounting or Finance. 
• Strong verbal and written communication and comprehension skills.
• Understanding of basic accounting principles.
• Strong computer skills with proficiency in Microsoft Office Suite. Accounting software and/or Workday is a plus.
• Organized, with the ability to work independently and meet deadlines.
• To qualify, applicants must be authorized to work in the United States and must not require VISA sponsorship, now or in the future, for employment purposes.

Preferred to Have:

• Associates or Bachelor’s degree in Accounting or Finance
• Insurance Industry accounting experience
• Experience with Workday

Our Culture IAT is the largest private, family-owned property and casualty insurer in the U.S. Insurance Answers Together® is how we define IAT, in letter and in spirit. We work together to provide solutions for people and businesses. We collaborate internally and with our partners to provide the best possible insurance and surety options for our customers.  

At IAT, we’re committed to driving and building an open and supportive culture for all. Our employees propel IAT forward – driving innovation, stable partnerships and growth. That’s why we continue to build an engaging workplace culture to attract and retain the best talent.

We offer comprehensive benefits like:

• 26 PTO Days (Entry Level) + 12 Company Holidays = 38 Paid Days Off
• 7% 401(k) Company Match and additional Profit Sharing
• Hybrid work environment
• Numerous training and development opportunities to assist you in furthering your career
• Healthcare and Wellness Programs
• Opportunity to earn performance-based bonuses
• College Loan Assistance Support Plan
• Educational Assistance Program
• Mentorship Program
• Dress for Your Day Policy

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.  We maintain a drug-free workplace and participate in E-Verify.

Compensation: Please note, that the annual gross salary range associated with this posting is $31,090 – $67,680. This range represents the anticipated low and high end of the base salary for this position. Actual salaries will vary based on factors such as a candidate's qualifications, skills, competencies, and geographical location related to this specific role. The total compensation will include a base salary, performance-based bonus opportunities, 401(K) match, profit-sharing opportunities, and more. 

To view details of our full benefits, please visit https://www.iatinsurancegroup.com/careers/benefits