Manager of Insurance and Financial Compliance

501 East 38th Street
Erie, PA 16546
814-824-2000
800-825-1926

mercyhurst.edu

Manager of Insurance and Financial Compliance
SUMMARY:

This position will report directly to the Vice President of Finance. Incumbent will support the Finance
Department by performing duties relating to insurance management, banking compliance, debt compliance,
compliance reporting, and other duties.

DUTIES AND RESPONSIBILITIES:
Insurance Management

• Serve as primary liaison for the University’s insurance broker on matters involving general liability and

property insurance.

• Prepare annual insurance applications for various lines of insurance coverage.
• Serve as primary liaison for processing and managing insurance claims.
• Serve as primary liaison for requesting certificates of insurance required by legal agreements and

Controller/VP of Finance

Banking Compliance and Support

• Serve as one of the department’s operational contacts for banking, investment, and debt relationships.
• Serve as backup for transfer of funds between accounts within each financial institution and transfer of

Pennsylvania and Federal sources and provide information to grants accountant and student financial
services personnel.

• Assist with periodic cash projections as required.

Debt Compliance

• Serve as one of the department’s operational contacts for banking, investment, and debt relationships.
• Serve as backup for transfer of funds between accounts within each financial institution and transfer of

Pennsylvania and Federal sources and provide information to grants accountant and student financial
services personnel.

• Assist with periodic cash projections as required.

Other Compliance Reporting

• Ensure all filings required to do business as a foreign not-for-profit corporation are filed as required for

Maryland, Virginia, District of Columbia, Ohio, New Mexico and/or others as needed.

• Coordinate all related corporate payments with Controller as required.

Employee Benefit Plans

• Provide support for Director of Human Resources and VP of Finance in the preparation of Forms 5500 for

employee benefit plans.

Other

• Perform other duties as needed and assigned by Manager.

EDUCATION AND EXPERIENCE:
Bachelor’s degree (B.A.) from four-year college or university with a major in either Accounting or Finance; CPA
and/or MBA desirable. Preference for 10yrs experience as a senior professional accountant to include 5 years
at the managerial level in a college/university or equivalent combination of education and experience. Public
accounting experience highly desirable.

• To perform this job successfully, an individual should have knowledge of accounting software; Internet

software; Spreadsheet software and Word Processing software.

• Thorough knowledge of not-for-profit accounting, particularly as relates it colleges and universities;

Knowledge of generally accepted accounting principles, tax regulations, and a broad range of financial
accounting and business practices; Strong knowledge of internal control concepts and techniques;
Extensive knowledge of transaction processing and financial management systems; Knowledge of and
experience in process design.

• Excellent oral and verbal communication skills; Must display strong interactive skills, be task oriented,

demonstrate creative problem-solving techniques and be flexible in the workplace to include nights and
weekends when needed; high degree of demonstrated confidentiality.

• In addition, must possess:

o Ability to read, analyze, and interpret general business periodicals, professional journals/
technical procedures, or governmental regulations.

o Ability to draft reports, business correspondence, and procedure manuals.
o Ability to effectively present information and respond to questions from groups of managers,

clients, customers, and the public.
o Ability to work with mathematical concepts such as probability and statistical inference.
o Ability to apply concepts such as fractions, percentages, ratios, and proportions to practical

situations.
o Ability to solve practical problems and deal with a variety of concrete variables in situations

where only limited standardization exists.
o Ability to interpret a variety of instructions furnished in written, oral, diagram, or schedule form.

APPLICATION PROCESS:
Review of applications will begin immediately and continue until the position is filled or until date indicated above.
Send cover letter, resume and 3 work-related references to:

Human Resources
Mercyhurst University

501 East 38th Street
Erie, PA 16546

HRInfo@mercyhurst.esu

Mercyhurst University values diversity and is committed to the goal of achieving equal opportunity for all. For that
reason, Mercyhurst abides by federal, state, and local law in admissions, employment and all services and
programs provided.

Mercyhurst does not unlawfully discriminate based on race, color, religion, creed, sex, citizenship status, ancestry,
national or ethnic origin, age, familial status, sexual orientation, gender identity or expression, physical or mental
disability, military or veteran status or any other legally protected characteristic or because of any individual’s
legally protected activities.

Mercyhurst complies with federal, state, and local legislation and regulations regarding nondiscrimination. This
policy applies to faculty, administration and staff, applicants for employment, students and applicants for
educational programs and activities.

Candidates must be currently eligible to work in the United States.