Data Processing Manager

Core Specialty Insurance Services, Inc.; Indianapolis (IN); Hybrid; USD 90,000 - 120,000; Full time

Benefits offered by this job

Medical Insurance

Dental Insurance

Vision Insurance

401(k) with company match

Job summary

Core Specialty Insurance Services, Inc. seeks a seasoned leader to manage the Bail Data Processing department, ensuring accurate, timely transaction processing and system integrity.

You will supervise staff, support upstream accounting functions, and partner with SAGE-100, Crystal Reports, and Power BI to deliver reliable operational metrics. Hybrid schedule with strong emphasis on teamwork and process improvement.

Qualifications

• Experience managing data processing or accounting operations.
• Experience supervising a team and training staff.
• Familiarity with ERP reporting tools (Crystal Reports, Power BI).
• Knowledge of GL, AR, AP processes.

Responsibilities

• Manage the Bail Data Processing department to ensure accurate, timely transaction processing, system integrity, staff supervision, agency customer service, and operational support to upstream accounting functions.
• Establish efficiency guidelines and workflow standards for the Data Processing department; supervise, train, and support staff.
• Supervise entry of Bail bank transactions, build up fund activities, and agent/policy A/P functions; coordinate with system postings.
• Prepare and distribute Data Processing metrics; generate regulatory reports using Crystal Reports; provide bail-related information to support accounting and financial reporting.

Skills

Staff supervision

Operations management

Process improvement

Data integrity

Team leadership

Tools

SAGE-100

Crystal Reports

Power BI

Microsoft Excel

Workday

Job description

- Manage the Bail Data Processing department to ensure accurate, timely transaction processing, system integrity, staff supervision, agency customer service, and operational support to upstream accounting functions.

Key Accountabilities/Deliverables

Department & Operational Management Establish efficiency guidelines and workflow standards for the Data Processing department. Supervise, train, and support Data Processing staff; respond to operational questions as they arise. Ensure appropriate daily staffing levels and prioritize approval of employee time-off requests. Act as operational backup for all Data Processing functions to meet daily processing requirements. Share knowledge and provide functional oversight of Accounts Receivable and Accounts Payable procedures. Serve as backup support for other Data Processing roles and for policy-based Accounts Payable check preparation (non-Workday).

Transaction Processing & Bail Policy Management System Oversight

Supervision of entry of Bail bank transactions into the system of record.
Recording various activities relating to Bail activity in the system of record including but not limited to:

• Outside system payments (e.g. cashier’s checks for Loss & LAE payments)
• Build Up Fund (BUF) activities (e.g. recoveries, releases)
• Agent/Policy related A/P functions (non-Workday)
• Agent override calculations & payments
• Invoice payments from BUF
• Research and resolution of agent inquiries.

Systems & Data Integrity

Ensure the accuracy and integrity of the bail policy management database (SAGE-100), execution reports, and system postings. Perform system corrections when required to resolve posting or data issues. Coordinate with SAGE-100 programmers regarding system issues, enhancements, and requested changes. Test and troubleshoot SAGE-100 upgrades prior to implementation. Evaluate and assist in the development of alternative processing methodologies (e.g. Captira import, eBONDS, iGuarantee, etc.).

Reporting & Regulatory Support

Prepare and distribute Data Processing metrics for monthly management meetings. Generate required State regulatory reports (e.g., Oklahoma Open Liability Bail Surety reports) using Crystal Reports. Produce ad hoc reports as needed for operational processes (e.g. cancelled agents to assist in reducing open liability reported to State authorities, various regulatory inquiries, etc.). Provide bail related information to facilitate accounting and financial reporting function. Serve as liaison between bail operations and financial reporting. Other duties as assigned.

Technical Knowledge and Understanding

Strong understanding of bail operations and the transaction processing lifecycle. Working knowledge of General Ledger, Accounts Receivable, and Accounts Payable processes. Proficiency with SAGE-100, reporting tools (Crystal Reports, Power BI), and Microsoft Office applications. Ability to interpret system reports, identify discrepancies, and implement corrective actions.

Experience

Demonstrated knowledge of the operational processes required to manage a portfolio of bail agents. Experience supervising and leading a team, including training, performance support, and workflow management (preferred). Proven problem-solving skills with an openness to process improvement and system enhancements. Experience working with accounting systems and operational reporting tools; Workday experience preferred.

Work Authorization

Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over work authorization sponsorship now or in the future for this position.

Employment Type

#LI-Hybrid - At Core Specialty, you will receive a competitive salary and opportunities for professional development and advancement.

Benefits

• We offer medical, dental, vision, and life insurances; short and long-term disability; a Company-match of 100% of a 6% contribution 401(k) plan; an Employee Assistance Plan; Health Savings Account, Flexible Spending Account, Health Reimbursement Account, and a wellness program

Company Overview

Core Specialty offers a diversified range of property and casualty insurance products for small to mid-sized businesses. From underwriting offices spanning the U.S., the Company focuses on niche markets, local distribution, and superior underwriting knowledge, offering traditional as well as innovative insurance solutions to meet the needs of its customers and brokers.

Further Information

For further information about Core Specialty, please visit www.corespecialtyinsurance.com.

Health Plan Information

In compliance with the Transparency in Coverage rule, issued in 2020 by US Departments of Health, Human Services, Labor and Treasury our health plan’s machine-readable files (MRFs) can be accessed via www.Cigna.com.