Lorin Ross
Zion Grove,PA
Summary
Analytical insurance accounting professional with more than 13 years of experience in the insurance industry. Having held positions in account management, claims, operations, and accounting, I bring a well-rounded and unique skillset. I am a resourceful and meticulous insurance guru with expertise in both the accounting side as well as account management for both insurance agencies as well as MGA’s.
Overview
13
13
years of professional experience
1
1
Certification
Work History
Technical Accountant
Lamb Insurance
03.2021 - 08.2023
- Processes all premium payables, return premiums, direct bill commissions, producer payables and account reconciliations
- Reconciles all carrier and broker statements
- Manages all agency billing for both the MGA and Independent Agency divisions
- Prepare financial statements, such as income statements, balance sheets, and cash flow statements
- Manage and execute the daily accounting operations, including accounts receivable, accounts payable, general ledger, and payroll for six entities
- Perform bank reconciliations, monitor cash flow, and manage cash disbursements
- Streamlined month-end closing processes, resulting in reduced time spent on financial reporting tasks.
- Participated in due diligence activities related to mergers and acquisitions, ensuring a smooth transition of acquired assets into the company''s existing financial systems.
- Maintained accurate records of fixed assets, including acquisition costs, depreciation schedules, and current values for insurance purposes.
- Documented cash, credit, fixed assets, accrued expenses, and line of credit transactions.
Finance Associate
Valley National Financial Advisors
01.2020 - 03.2021
- Handle all billing and commission functions, including fee-based accounts, broker/dealer activity, insurance contracts, tax services, and other invoice activity
- Prepares consolidated financial statements to summarize and forecast the company’s financial status
- Maintain financial reports, records, and general ledger accounts
- Handle all A/R, A/P, and treasury management
- Prepare journal entries, analyses, and account reconciliations for monthly close process.
- Prepared accurate financial statements for management review, ensuring timely decision making.
Accounting Manager
Brady Risk Management
01.2017 - 01.2020
- Provide financial support to the President in relation to all operational and technical accounting
- Oversee accounting financials for eleven entities
- Full financial statement preparation including; P&L, balance sheets, and cash flow forecasting
- Reorganized and restructured the department
- Trained all staff on how to use the system properly and implemented workflows
- Worked with software company to ensure full usage of the system and identify additional features that could be used
- Successfully cleaned the system and produced reliable reports which are now used weekly
- Reconciles intercompany transactions for all entities
- Processed monthly Boudreaux’s
- Prepares monthly financial statement consolidation
- Prepare and review bank reconciliations for seventeen bank accounts
- Review and reconcile balance sheet accounts
- Prepared cash flow projections, cost analysis and monthly, quarterly and annual reports.
- Reviewed historical records, current operational data and forecasting information to identify and capitalize on system enhancement opportunities.
Personal Lines Account Executive
The B & G Group
01.2015 - 01.2017
- Manage book of business for high net and middle market clients.
- Assisted clients with policy changes, ensuring accurate adjustments were made to meet their specific needs.
- Developed strong relationships with underwriters, effectively negotiating coverage options and rates on behalf of clients.
- Conducted comprehensive policy reviews for clients, identifying gaps in coverage and recommending appropriate solutions.
- Streamlined policy renewal processes for improved efficiency and client retention.
- Developed comprehensive insurance proposals tailored to individual client needs.
- Collaborated with underwriters to ensure accurate risk assessments and appropriate coverage options.
- Collaborated with sales team to cross-sell additional products, resulting in expanded portfolio offerings and increased revenue.
Personal Lines Account Manager
CBS Coverage Group
11.2013 - 03.2015
- Effectively managing a high volume book of Personal Lines Insurance business, ensuring all required tasks are completed accurately and on-time
- Growing client loyalty by building positive relationships and providing high levels of advocacy, excellent service, and professional communication
- Handling renewals, service requests, claims, billing and new policies
- Maintain a thorough understanding of the markets and their appetites, underwriting guidelines, submitting and procedures
- Review all applications, policies, endorsements and audits for accuracy
- Coordinate expiration list with department manager to obtain renewal business information
Personal Lines Assistant Account Manager
Curran Cooney Penny Insurance Agency
06.2010 - 11.2013
- Quote and bind homeowners, auto, personal umbrella, personal articles and various personal lines policies
- Process and review renewals, endorsements, cancellations, non-renewals, property inspections and all new business correspondence
- Secure and submit required renewal underwriting information
- Renew coverage, remarket, and rewrite existing accounts
- Make customer requested changes or cancellations and process related change requests and confirmations
- Enhanced client satisfaction through proactive outreach initiatives, including annual policy review reminders and personalized follow-up communications.
Education
Master of Business Administration - Accounting
St. Josephs College
Patchogue, NYBachelor of Business Administration - Accounting
Briarcliffe College
BethpageSkills
- General Ledger Accounting
- Customer Relationship Management
- Cross-Selling Skills
- Client Relations Expertise
- Book of Business Management
- Account Reconciliation
- Risk Management
- Budget Development
- Staff Management
- AP/AR Invoicing
- Financial Management
- Project Management
- Budget Administration
- Regulatory Compliance
- Accounts Payable and Receivable Auditing
- Audit Preparation
- Cash Flow Management
- Financial Statements Expertise
Certification
Property & Casualty License
Timeline
Technical Accountant
Lamb Insurance
03.2021 - 08.2023
Finance Associate
Valley National Financial Advisors
01.2020 - 03.2021
Accounting Manager
Brady Risk Management
01.2017 - 01.2020
Personal Lines Account Executive
The B & G Group
01.2015 - 01.2017
Personal Lines Account Manager
CBS Coverage Group
11.2013 - 03.2015
Personal Lines Assistant Account Manager
Curran Cooney Penny Insurance Agency
06.2010 - 11.2013
Master of Business Administration - Accounting
St. Josephs College
Bachelor of Business Administration - Accounting
Briarcliffe College
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