Accounts Payable Specialist

Job Posted 1/18/2025
Tokio Marine HCC
Wakefield, MA 01880
United States
Category Accounting
Job Description
Insurance - keep reading - it's not what you think!

Looking to join a new team in the new year? We are looking for a new team member in our Accounting Department, as an Accounts Payable Specialist, part of our larger Specialty Group team.

This is a hybrid role located in the Specialty Group headquarters in Wakefield, MA.

Tokio Marine HCC is a leading specialty insurance group with offices in the United States, the United Kingdom, Europe, Ireland, and other exciting locations. With the strength and stability that comes from being a member of the Tokio Marine Group, and fifty years of growth, profitability, and stability, we offer important insurance products that most people do not even know exist.

Every policy we write is special, enabling our clients to do amazing things. From insuring the crops that feed us to the rock concerts that entertain us, to rescuing international travelers in trouble, we offer more than 100 classes of specialty insurance.

Applying our Mind Over Risk philosophy to writing insurance allows our customers to take on opportunity with confidence. That philosophy defines our way of thinking, unites us as a team, and differentiates us from our competitors. We are much more than just an insurance company; we are a good company.

Performance Objectives:

Within the first 30 days, you will gain an understanding of the department procedures, systems, and corporate policies, and how the Accounting department operates within the TMHCC Specialty structure through training and interactions with the accounting team and become familiar with our suppliers and employees from other Tokio Marine subsidiaries.

Within the first 60 days, you will be:
  • Processing payables, which will include:
    • working with the Compliance department to set up suppliers in the ERP system,
    • learning the online approval workflow system to process operating expenses,
    • working with the Claims department to process payments to insureds,
    • working with the Compliance department to process Surplus Lines Taxes on a periodic basis, and
    • working with the Bond department to process state filing fees as needed.
  • Performing the compliance review of expense reports after becoming familiar with the corporate travel and expense policies.

Within the first 90 days, you will be working independently, meeting deadlines, and demonstrating the ability to meet challenges related to job responsibilities. Overtime hours may be required to fulfill job responsibilities, especially at quarter and year ends.

Your Skills and Experience:
  • 4-year bachelor's degree preferred. A degree in Administration, Accounting, Finance, Insurance, or related field a plus.
  • High School Diploma or GED or the equivalent education with related experience.
  • Two or more years of relevant and progressive professional experience in accounts payables/ general accounting, etc.

Technical Skills:
  • Experience using Microsoft Office Suite (emphasis on Excel and Outlook).
  • Experience using any accounts payable software (experience using PeopleSoft Accounts Payable module a plus, but not required).

Key Competencies:
  • Excellent written and verbal communication skills
  • Excellent organizational and analytical skills; demonstrated ability to manage multiple tasks simultaneously
  • Adept and accurate data entry skills
  • Possess and have ability to apply basic knowledge of general accounting and bookkeeping principles, practices, and procedures
  • Flexibility and willingness to learn
  • Inquisitive and proactive attitude, not afraid to offer suggestions on improving/streamlining processes
  • Adept at working as part of a team yet capable of working independently as needed

What we offer:

Just as Tokio Marine HCC Group of Companies is customer centric, we are also employee centric offering our employees a competitive salary and employee benefit package, strong learning culture, collaboration, 401K match, paid parental leave, hybrid work schedule , and an opportunity to love what you do. The Tokio Marine Group of Companies is an equal-opportunity employer. Our office is conveniently located just north of Boston, MA on a scenic campus with an onsite cafeteria, gym, walking trails and close proximity to MarketStreet Lynnfield. Please visit for more information about our companies.

Our hybrid work schedule - is 4 days in the office and 1 day WFH, if desired, upon successful completion of a training period. Please consider this requirement before applying.

If your experience matches these requirements, please apply WITH A COVER LETTER.
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