Accounting Specialist

One80 Intermediaries; Illinois; Hybrid; USD 29,000 - 36,000; Full time

Benefits offered by this job

Health Benefits: Medical/Rx, Dental, V

401k; ESPP; Tuition Reimbursement

Student Loan Assistance

Mental Health & Wellness

Paid Time Off & Holidays

Job summary

One80 Intermediaries in Peoria Heights, IL seeks an Accounting Specialist to join our growing team. The role covers daily accounting tasks across assigned insurance lines, applying accounting principles to track and report financial data, ensuring timely and accurate activity.

The position is hybrid in Peoria Heights with opportunities to collaborate across departments. Candidates should have an accounting background, strong communication, and the ability to manage multiple tasks efficiently.

Qualifications

• Associate’s degree in Accounting or Finance, or a related field preferred.
• 3+ years of accounting experience with recording financial transactions and analyzing data.
• Strong interpersonal and communication skills across levels.
• Strong technical skills in financial accounting and reporting systems.
• Ability to multi-task and prioritize based on department needs.

Responsibilities

• Process daily invoice importing for assigned client accounting lines; verify accuracy before posting batches.
• Process daily cash receipt imports; reconcile to bank activity and post to GL.
• Process physical check deposits and track reconciliation to bank and GL.
• Coordinate check requests for payments from policy admin systems.
• Process Direct Bill commission payments; reconcile to carrier payments and follow up.
• Review Accounts Receivable reports for unusual transactions; correct with supervisor.
• Assist with Month End processing and ensure records are timely.
• Record journal entries and reconcile GL accounts; investigate discrepancies.
• Prepare balance sheet reconciliations for assigned bank accounts.

Skills

Interpersonal skills

Communication skills

Multi-tasking

Education

Associate’s degree in Accounting or Finance, or a related field preferred

Job description

Built on meritocracy, our unique company culture rewards self-starters and those who are committed to doing what is best for our customers.

One80 Intermediaries is seeking a Accounting Specialist to join our growing team in Peoria Heights, IL.

The Accounting Specialist is responsible for daily tasks assigned (as listed below) over assigned insurance lines of business. Applying principles of Accounting in order to track and analyze financial information, and to prepare financial reports. Ensure timely and accurate activity and transactions for areas assigned. This is a hybrid position located in Peoria Heights, IL.

How You Will Contribute:

• Process daily invoice importing for assigned Client accounting lines of business. Reviewing accounts for accuracy and complete information before posting batches. Complete balancing to source documents.
• Process daily cash receipt imports from various sources, including reconciling receipts from source documents/reports to bank activity, and posting to the accounts system and general ledger.
• Process physical check deposit for payments mailed directly to the office. Remote check scanner will be used, detailed tracking and reconciliation to the bank and general ledger systems for accuracy.
• Coordinate check requests as required from policy admin systems for carrier, customer, and/or broker payments required for your assigned areas in a timely manner.
• Ongoing processing of Direct Bill commission payments owed from carriers for policies which the insureds pay to the carrier directly. Ability to reconcile detailed transactions to compare to payments received from carriers, notice discrepancies, and follow up to ensure timely payment from carriers.
• Responsible for coordinating and reviewing Accounts Receivable reports for unusual or possible missing transactions, working with the Accounting Supervisor to correct transactions if necessary.
• Assist the Accounting Supervisor with ensuring all accounting records are properly and timely recorded for Month end processing.
• Record journal entries as needed relating to assigned accounts. Responsible for reconciling various general ledger accounts and investigating differences that may arise.
• Prepare balance sheet reconciliations, including various bank accounts as assigned, in a timely manner.

Skills & Experience To Be Successful

• Associate’s degree in Accounting or Finance, or a related field preferred
• 3+ years of related accounting experience dealing with recording financial transactions, reviewing, analyzing, and interpreting financial data; or equivalent combination of education and experience.
• Strong interpersonal skills with a proven ability to interface effectively at all levels within an organization.
• Strong technical skills, including financial accounting and reporting systems.
• Excellent verbal and written communication skills, with ability to effectively interact with all levels of employees both internally and externally.
• Ability to multi-task and prioritize based upon business and departmental needs.

About One80

One80 Intermediaries is part of Arrowhead Intermediaries, a global insurance distribution platform that offers deep specialization, scale, and innovation across wholesale brokerage, program administration, and specialty insurance. With more than 7,000 professionals worldwide and a collective portfolio exceeding $18 billion in premium placed in 2024, our combined organization delivers a diverse trading platform for insurance carriers as well as expanded access and niche solutions for brokers and customers navigating complex and hard-to-place risks. The platform combines entrepreneurial culture with operational excellence to deliver tailored solutions and long‑term value across the insurance ecosystem.

Pay Range

$21.35 - $26.44 Hourly

The pay range provided above is made in good faith and based on our lowest and highest annual salary or hourly rate paid for the role and takes into account years of experience required, geography, and/or budget for the role.

Teammate Benefits & Total Well-Being

• Health Benefits: Medical/Rx, Dental, Vision, Life Insurance, Disability Insurance
• Financial Benefits: ESPP; 401k; Student Loan Assistance; Tuition Reimbursement
• Mental Health & Wellness: Free Mental Health & Enhanced Advocacy Services
• Beyond Benefits: Paid Time Off, Holidays, Preferred Partner Discounts and more.

Not reflective of all benefits. Enrollment waiting periods or eligibility criteria may apply to certain benefits. Benefit details and offerings may vary for subsidiary entities or in specific geographic locations.

The Power To Be Yourself

As an Equal Opportunity Employer, we are committed to fostering an inclusive environment comprised of people from all backgrounds, with a variety of experiences and perspectives, guided by our Diversity, Inclusion & Belonging (DIB) motto, “The Power to Be Yourself”.