Accounts Payable Specialist

American Modern Insurance Group, Inc., a Munich Re company, is a widely recognized specialty insurance leader that delivers products and services for residential property – such as manufactured homes and specialty dwellings – and the recreational market, including boats, personal watercraft, classic cars, and more. We provide specialty product solutions that cover what the competition often can’t. We write admitted products in all 50 states and have a premium volume of $2.2 billion.

Headquartered in Amelia, Ohio, and with associates located across the United States, we are part of Munich Re’s Global Specialty Insurance division. Our employees receive boundless opportunity to grow their careers and make a difference every day - all in a flexible environment that helps them succeed both at work and at home.

The Accounts Payable Specialist plays a role for the Accounting Operations Team and is responsible for cash transaction management for banking and payables, vendor management, support for government filing requirements, and customer service support.  This role will also assist in the documentation of accounting policies and procedures and will monitor compliance with internal controls.  

The Accounts Payable Specialist will be involved in other Accounting Department related initiatives and projects as needed.  Strong collaboration and communication of analysis within the Accounting and Finance team and across departments is essential to ensure that the stakeholders stay abreast of the key developments that drive results.

Roles & Responsibilities:

• Vendor onboarding setup, approvals and changes.
• Receive and process for payment all vendor regular, epay, intercompany and Concur accounts payable invoices acquired via requisitions or check requests.
• Support business partner Inquiries.
• Prepare ad-hoc analytics and research.
• Support all process improvement initiatives as a subject matter expert.
• Review payables checks for accuracy.
• Support all governmental filing requirements.
• Maintain and monitor compliance with internal controls, including documenting applicable accounting guidance and end to end accounting processes.
• Continue to build expertise and capabilities in Insurance, GAAP, and IFRS Accounting bases through on the job training, and by attending training and development opportunities both inside and outside of work.

Required Technical Skills:

• General Accounting knowledge and on the job experience with ledger transactions, reconciliations, and sub ledger functions across various transaction streams including cash, receivables, and payables
• Experience using Microsoft Excel including the use of macros, pivot tables, and other Excel advanced functions
• Proficiency with all other Microsoft Office applications (Word, PowerPoint)
• Experience in documenting and evaluating internal controls
• Experience in establishing/documenting end to end business/accounting processes
• Detail oriented, organizational skills and ability to prioritize and multi-task work
• Strong team orientation, collaboration with co-workers and clients to develop and implement solutions
• Excellent communication and presentation skills (written and oral)
• Agility and ability to work in ambiguous situations

Education, Certifications & Designations:

• Knowledge of Accounting concepts
• Developing knowledge of Generally Accepted Accounting Principles (GAAP/IFRS)
• More advanced level knowledge in the use of Excel and Word
• More advanced knowledge of data retrieval tools
• Understanding of internal controls
• Seen by peers as a thought leader in discipline and may mentor others.
• Associates degree in Accounting or Business, or equivalent work experience

We are proud to offer our employees, their domestic partners, and their children, a wide range of insurance benefits:

• Two options for your health insurance plan (PPO or High Deductible)
• Prescription drug coverage (included in your health insurance plan)
• Vision and dental insurance plans
• Short and Long Term Disability coverage
• Supplemental Life and AD&D plans that you can purchase for yourself and dependents (includes spouse/domestic partner and children)
• Voluntary Benefit plans that supplement your health and life insurance plans (Accident, Critical Illness and Hospital Indemnity)

In addition to the above insurance offerings, our employees also enjoy:

• A robust 401k plan with up to a 5% employer match
• A retirement savings plan that is 100% company funded
• Paid time off that begins with 24 days each year, with more days added when you celebrate milestone service anniversaries
• Eligibility to receive a yearly bonus as a Munich Re employee
• A variety of health and wellness programs provided at no cost
• A hybrid environment that gives you a choice in where and how you get work done
• A corporately subsidized on-site cafeteria as well as a We Proudly Serve coffee shop
• An on-site complimentary workout facility as well as walking trails on campus grounds
• On-site wellness center complete with nurse practitioner
• Financial assistance for adoptions and infertility treatment
• Paid time off for eligible family care needs
• Tuition assistance and educational achievement bonuses
• Free parking
• A corporate matching gifts program that further enhances your charitable donation
• Paid time off to volunteer in your community
•  

At American Modern, a subsidiary of Munich Re, we see Diversity and Inclusion as a solution to the challenges and opportunities all around us. Our goal is to foster an inclusive culture and build a workforce that reflects the customers we serve and the communities in which we live and work. We strive to provide a workplace where all of our colleagues feel respected, valued and empowered to achieve their very best every day. We recruit and develop talent with a focus on providing our customers the most innovative products and services.  

We are an equal opportunity employer. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Applicants requiring employer sponsorship of a visa will not be considered for this position.