Group 1001
is a consumer-centric, technology-driven family of insurance companies on a mission to deliver outstanding value and operational performance by combining financial strength and stability with deep insurance expertise and a can-do culture. Group1001’s culture emphasizes the importance of collaboration, communication, core business focus, risk management, and striving for outcomes. This goal extends to how we hire and onboard our most valuable assets – our employees.
Why This Role Matters:
This role plays a critical part in ensuring the integrity and compliance of the organization’s financial operations. By supporting the Banking and Treasury functions through accurate accounting and reconciliation of Treasury transactions, it helps maintain financial accuracy and transparency. Oversight of the property and escheatment process ensures that due diligence and state filings are completed in accordance with regulatory requirements, protecting the company from compliance risk. Additionally, maintaining up-to-date departmental procedures supports both internal controls and readiness for external audits, reinforcing the organization’s commitment to operational excellence and regulatory compliance.
How You’ll Contribute:
- Support Banking/Treasury functions to ensure Check Production, Positive Pay Process, Stop Payments, Inquiries, Check Copies, and Deposits are completed timely and accurately.
- Communicate and interact with internal and external customers in a timely and professional manner.
- Process journal entries, review and manage accounting issues.
- Maintain account reconciliations to ensure outstanding items and discrepancies are researched and resolved timely to meet monthly and quarterly reporting deadlines.
- Review and resolve returned items and positive pay exception items with the banks and the business units to meet cut-off deadlines.
- Participate in system testing on cash processes to ensure accounting interfaces between the admin systems, the general ledger, and the reconciliation system are successfully implemented.
- Support the unclaimed property/escheatment function to ensure case data is gathered and assembled for reporting based on state guidelines and regulatory requirements.
- Assist in internal and external audits as well as unclaimed property regulatory state exams to complete audit deliverables in a timely manner.
- Prepare and compile supporting documentation with the Legal Department to work with the banks to report and resolve suspicious activities or fraudulent claims.
- Assists in documenting department procedures and processes to meet audit and regulatory requirements.
- Assists with special projects.
What We’re Looking For:
- Bachelor’s Degree in Finance or Accounting
- 5+ years in accounting or Treasury role
- Knowledge and understanding of banking systems, services, and processes
- Proficient in MS Word, Excel, and PowerPoint
- Experience with Treasury Workstation, specifically Kyriba, a plus
- Strong verbal and written communication skills
- Effective time management and organization skills
- Detail oriented
- Ability to work under pressure and meet deadlines.
Compensation:
Our compensation reflects the cost of labor across several U.S. geographic markets. The base pay for this position ranges from $80,000/year in our lowest geographic market up to $95,000/year in our highest geographic market. Pay is based on factors such as market location, job-related skills, and experience.
Benefits Highlights:
Employees who meet benefit eligibility guidelines and work 30 hours or more weekly, have the ability to enroll in Group 1001’s benefits package. Employees (and their families) are eligible to participate in the Company’s comprehensive health, dental, and vision insurance plan options. Employees are also eligible for Basic and Supplemental Life Insurance, Short and Long-Term Disability. All employees (regardless of hours worked) have immediate access to the Company’s Employee Assistance Program and wellness programs—no enrollment is required. Employees may also participate in the Company’s 401K plan, with matching contributions by the Company.
Group 1001, and its affiliated companies, is strongly committed to providing a supportive work environment where employee differences are valued. Diversity is an essential ingredient in making Group 1001 a welcoming place to work and is fundamental in building a high-performance team. Diversity embodies all the differences that make us unique individuals. All employees share the responsibility for maintaining a workplace culture of dignity, respect, understanding and appreciation of individual and group differences.
