Finance Team • Toronto, ON • Job ID: PRL164

About Us

Founded in 1959, Purves Redmond Limited has grown from a local Toronto brokerage into a nationally recognized, independent insurance advisory firm. Today, we are a 100% employee-owned organization with offices across Canada and partnerships that extend our reach globally.

We combine decades of experience with a forward-looking approach, delivering customized insurance, risk, and benefits solutions to clients across diverse industries. Our continued success is rooted in our commitment to integrity, collaboration, and service excellence.

Position Overview

The Accounting Assistant will provide support to the Finance Department, ensuring the accurate and timely reconciliation of insurance transactions, processing of financial information, and maintenance of accounting records. This role works closely with the accounting team and will have exposure to insurance carriers, brokers, and internal departments to support daily accounting and invoicing operations, resolve discrepancies, and contribute to the overall financial integrity of the brokerage.

This is an existing vacancy.

Duties and Responsibilities

- Review and reconcile carrier statements to ensure premiums, commissions, payments, adjustments, and account balances are accurate and properly recorded.
- Perform Direct and Agency Bill reconciliations, identify discrepancies, and assist with resolving variances in a timely manner.
- Assist with reconciliations, including premiums, commissions, and carrier statements.
- Prepare and process remittances to insurance companies and vendors in accordance with company policies and established timelines.




- Validate remittance details and assist with bank confirmations, cash receipts, and cash application.
- Prepare and issue client invoices assisting with billing-related inquiries and follow-up.
- Resolve billing and payment discrepancies, including overpayments, missing transactions, and account variances, in collaboration with carriers and internal teams.
- Maintain accurate records and supporting documentation for payments, reconciliations, and carrier balances.
- Prepare reports and schedules to support month-end and year-end accounting activities, audits, and financial reporting.
- Respond to accounting-related inquiries in collaboration with internal and external stakeholders to resolve issues.
- Follow established accounting controls, audit requirements, and regulatory standards related to payment and reconciliation activities.
- Provide support and coverage for other accounting functions as required.
- Perform other duties as assigned

Requirements

- College or bachelor’s degree in accounting, finance, or related field
- Minimum 1 year of experience in accounts payable, insurance accounting, or financial reconciliation
- Experience in an insurance brokerage or MGA environment strongly preferred




- Solid understanding of accounting principles related to invoicing, payments and reconciliations
- Proficiency with Applied EPIC or other broker management systems, preferred
- Intermediate Excel skills required (Pivot Tables, VLOOKUP, SUMIF, etc.)
- Strong organizational and time-management skills
- Excellent communication and interpersonal skills

Why Apply

At Purves Redmond Limited, you’ll work in an environment grounded in integrity, professionalism, and service excellence. We put clients first, support one another, and uphold high standards in everything we do.

Ownership, accountability, and collaboration are embedded in our culture, giving you the opportunity to take initiative, build meaningful client relationships, and contribute to long-term success. If you value continuous improvement and bringing thoughtful perspectives to your work, you’ll feel aligned with how we operate.

Compensation

Purves Redmond Limited is committed to fair and transparent compensation practices. The base salary range for this role is $45,000–$55,000. This range reflects the expected hiring range for the position and may vary based on factors such as experience, skills, qualifications, and overall fit. Additional compensation, where applicable, may include performance-based incentives, commissions, or bonuses.

At PRL we are an equal employment prospect employer based on job-related skills and experience. If you require any accommodation during the hiring process or upon hire, please inform Human Resources and we will provide suitable accommodation that takes into account the applicant’s accessibility.

📌 Accounting Assistant (Toronto)
🏢 Purves Redmond
📍 Toronto