Insurance Accounting Associate

INTRODUCTION

At Specialty Program Group Canada (SPG Canada), we are insurance entrepreneurs united by a bold vision: to aggregate strengths and deliver unmatched value as Canada’s largest Delegated Underwriting Authority Enterprise (DUAE).

We exist to satisfy insurance needs in our target markets faster, better, and even where others might not. We do this by uniting leading underwriting talent and specialty insurance brands under one coast-to-coast platform, delivering speed, service, and expertise at a national scale.

But what truly sets us apart is our people. At SPG Canada, you will be part of a collaborative, growing team that values innovation, professional development, and shared success. Our culture is built on entrepreneurial thinking, open communication, and a strong sense of purpose. We believe in empowering our employees to take ownership, contribute ideas, and grow their careers within a supportive and dynamic environment.

Our legacy MGA brands include Cansure, i3 Underwriting, Totten Insurance Group, Beacon, and Anderson McTague & Associates. Our value to our partners is further enhanced through our in-house claims management team, Specialty Claims Canada.

Together, we are building more than a market leader — we are building a place where talented professionals can thrive.

SPGCanada.ca

POSITION OVERVIEW

We are seeking a detail-oriented and proactive Insurance Accounting Associate to join our accounting team, supporting a range of operational and transactional accounting tasks specific to the insurance industry. This role is responsible for managing premium reporting, reconciliation, claims-related payments, and intercompany transactions. The ideal candidate will bring strong analytical skills, a solid understanding of insurance financial processes, and the ability to work collaboratively across teams.

This role involves a high volume of transactional responsibilities and requires strong organizational skills and attention to detail. It’s ideal for someone who thrives in a fast-paced environment and enjoys managing multiple priorities.

This is a Hybrid position in our Vancouver office. 

RESPONSIBILITIES

  • Review monthly BDX production reports to ensure accurate reporting of gross and net premiums for multiple companies.
  • Manage direct bill financing transactions and assist the Cash Applications team by providing required documentation and coordination.
  • Coordinate, process, and log cheque deposits; issue return premium cheques to brokers in a timely and efficient manner.
  • Process and record intercompany transactions to ensure accurate reconciliation across accounts.
  • Investigate and resolve discrepancies in premiums, commissions, and taxes by collaborating with brokers, carriers, and underwriting teams.
  • Calculate, reconcile, and process monthly inspection fees, ensuring correct deductions and reporting.
  • Handle all claims-related cheque processing, including stop payments, reissues, and monthly reconciliations with respective companies.
  • Issue payments to carriers via cheque or wire transfer while ensuring accuracy, timeliness, and compliance with internal policies.

SKILLS

  • Insurance Accounting Knowledge: Desirable understanding of premium reporting, claims payments, intercompany transactions, and reconciliation processes.
  • Financial & Technical Skills: Proficiency in accounting software, Excel, general ledger management, and payment processing (cheques, wires).
  • Analytical & Detail-Oriented Approach: Ability to identify discrepancies, manage high volumes of transactions, and ensure financial accuracy.
  • Organizational Excellence: Strong time management, multitasking, and process-following abilities in a fast-paced environment.
  • Communication & Collaboration: Effective coordination with brokers, carriers, and internal teams, with clear verbal and written communication.
  • Confidentiality & Compliance Awareness: Handling financial data with integrity while adhering to internal controls and industry regulations.

QUALIFICATIONS

  • 1 – 2 + years experience in accounting field preferred and/or completed courses in accounting or bookkeeping
  • Must have excellent written and verbal communication skills
  • Basic Excel Skills required. Intermediate preferred with ability to perform V-lookups, pivot tables
  • Strong analytical and problem-solving skills
  • Work under pressure to deadlines
  • High degree of accuracy with a good eye for detail
  • Self-motivated and proactive
  • Demonstrated ability to take initiative and achieve results in a fast-paced and changing environment
  • Experience in a shared services accounting environment is a plus
  • Insurance Brokerage Experience preferred
  • Experience with Oracle NetSuite is a plus, but not required

BENEFITS

By joining Specialty Program Group Canada, you’ll become part of a rapidly growing company focused on providing innovative insurance solutions to support independent brokers in Canada. As a member of our team, you’ll benefit from:

  • Dental care
  • Extended health care
  • Paid time-off
  • RRSP match
  • Vision care

SALARY RANGE

The expected salary range for this position is $45,000 – $52,000 will be impacted by factors such as the successful candidate’s skills, experience and working location, as well as the specific position’s business line, scope, and level.  Specialty Program Group Canada and affiliated brands are proud to offer comprehensive benefit and total compensation packages which include extended health and dental benefits, disability insurance, RRSP matching, paid time off benefits, and a variety of potential bonus opportunities.

APPLY NOW

Interested applicants are asked to send your resume to careers@spgcanada. Please note that only those chosen for an interview will be contacted.