Crop Accountant

Palomar

Posted about 2 months ago

Full Time

Amarillo, Texas

In Person

Smart Summary

Responsibilities

The Crop Accountant manages financial operations including premium processing, billing, and agent commission accuracy. They also perform reconciliations, support audits, and generate reports to ensure financial integrity across internal and RMA systems.

Qualifications

You have a Bachelor's Degree in Accounting or equivalent and 1-2 years of accounting experience, preferably in the crop, insurance, or agricultural finance industry. You are proficient with Microsoft Office Suite, particularly Excel, and possess strong analytical and organizational skills to manage financial operations and meet deadlines.

Must Have Skills for ATS

Accounting

Financial Reporting

Reconciliation

Premium Processing

Agent Commission

Billing

Audit Support

Excel

Pivot Tables

Formulas

Word

PowerPoint

Outlook

RMA Data

Job Description

We are Hiring!

Location: Amarillo, TX

The Details:

The Crop Accountant reports to the VP, Crop Finance and plays a key role in supporting the financial operations of Palomar’s crop insurance business. This position is responsible for a wide range of accounting functions, including premium payment processing, overpayment and refund management, billing, agent commission accuracy, audit support, and cross‑department collaboration. The ability to generate reports by pulling data from multiple systems, consolidating, and analyzing the data is required. Critical thinking and adherence to internal deadlines as well as RMA required deadlines is a must. 

 What will you do:

  • Process and record all crop insurance premium payments, overpayments, refunds, and billing adjustments with accuracy and timeliness
  • Reconcile premium, liability, and indemnity activity across internal systems, AIP platforms, and RMA data to ensure financial accuracy
  • Review and validate agent commission statements, research discrepancies and coordinate corrections with agents and internal teams
  • Prepare monthly, quarterly, and year end reconciliations, journal entries, and supporting schedules for financial close
  • Monitor and track outstanding A/R and A/P items related to growers, agencies, and reinsurers; communicate status updates to internal stakeholders
  • Assist with internal and external audits, including RMA compliance reviews, by gathering documentation and preparing required reports
  • Generate reports by pulling data from multiple systems (policy admin, accounting, RMA, and internal databases); consolidate and analyze results to support decision making
  • Research and resolve financial variances related to premium, commission, or settlement activity; recommend corrective actions
  • Maintain accurate and organized electronic and paper files for audit readiness and operational efficiency
  • Support monthly premium reconciliation processes to ensure deadlines are met for financial reporting and RMA requirements
  • Collaborate with underwriting, claims, agent services, and finance teams to ensure data integrity and consistent application of accounting procedures
  • Participate in process improvements, documentation updates, and cross department projects to enhance efficiency and accuracy
  • Perform other duties as assigned

What we are looking for:

  • Able to work on-site daily
  • Bachelor’s Degree in Accounting or equivalent
  • 1-2 years’ of accounting experience – crop, insurance, or agricultural finance industry preferred
  • Familiarity with Microsoft Office- Excel (Pivot Tables, Lookups, Formulas), Word, Power Point and Outlook
  • Ability to organize, self-prioritize, multi-task and be a self-starter in a fast-paced environment with demanding internal and external deadlines
  • Strong interpersonal skills and attention to detail a must

We love people who want to: 

  • Build strong relationships through transparency, trust, and respect for each other.
  • Work in an agile environment, with a resilient mindset to find creative solutions to challenges.
  • Collaborate and celebrate diverse perspectives, promoting inclusivity and equality.
  • Do the right thing with strong conviction and integrity.
  • Be bold and innovative to help make an impact.
  • Demonstrable track record of working autonomously and driving progress
  • Be intellectually curious, think creatively, and pragmatic

If you thrive in a dynamic environment, and like working with happy, authentic, talented people, you'll enjoy a career with Palomar!

What will you get in return?

  • Full Suite of Medical Benefits 
  • Long Term Financial Incentives – STOCK! 
  • 401k with 3.5% Automatic Fully Vested Employer Contributions 
  • Competitive PTO + Holiday Program
  • Lifestyle Spending Allowance
  • Professional Development Assistance  
  • Career Exploration Opportunities
  • Regular company-wide social events (even virtually!)
  • To learn more visit us at www.plmr.com

Diversity at Palomar

At Palomar, we are committed to diversity, equality and inclusion in all facets of the organization. We have built an open culture that celebrates the diversity of our workforce, while actively championing equality and inclusion practices that make us a company people want to work with and work for.

We believe that diversity, equality and inclusion yields greater organizational creativity and productivity, which helps us serve our customers and partners more effectively.  Delivering on our diversity commitment returns greater value to our shareholders and ultimately makes a positive impact to the communities in which we do business and to the people who live in them

#PalomarPride #Insurancejobs #hiring

Accommodations:

Palomar will consider reasonable accommodations to ensure a qualified applicant with a disability can be considered for the position. Palomar will also consider necessary modifications to the physical work environment, or to the way a job is usually performed, so an individual with a disability can perform the essential functions of the position. Additional accommodations will be considered that enable an employee with a disability to enjoy equal benefits and privileges of employment like those that are enjoyed by other employees without disabilities.

For more information about our company, visit us at www.plmr.com. Palomar is an Equal Opportunity Employer.

No phone calls or agency solicitation please

CCPA Job Applicant:

Pay Range: $60,000-$80,000 + Bonus Potential & Participation in our Competitive Long-Term Incentive (LTI) Program.

The above pay range is for all US-based roles based on function and level, benchmarked against companies of similar size and scope. To be compliant with local legislation as well as provide greater transparency to candidates, we disclose salary ranges on all job postings regardless of the desired job location. We also offer a competitive annual discretionary bonus program and the opportunity for annual long-term incentive stock grants. In addition, we offer a highly competitive benefits package. Final offer amounts are determined by multiple factors, including candidate experience and qualifications, and may vary from the amounts listed above

Palomar

Founded in 2014, by a team with deep experience across underwriting, analytics, reinsurance and capital markets, Palomar is an innovative specialty insurer serving residential and commercial clients in five product categories: Earthquake, Inland Marine and Other Property, Casualty, Fronting and Crop. Our underwriting and analytical expertise allow us to concentrate on certain markets that we believe are underserved by other insurance companies. We are a publicly traded company on the Nasdaq Stock Exchange (NASDAQ: PLMR) with a financial strength rating of “A (Excellent)” from AM Best Company (“AM Best”).  Palomar is headquartered in La Jolla, California, writing business nationwide.
Runway Icon
Boost Your Interview Chances

With Runway

See Your Fit for This Role

1-5 min

Your Score

?

Top Applicants

90%

Your Job Search Advantage

Key Gaps & Next Steps:

Address these in your resume & Interview

Top Strengths For This Role

Highlight these in your cover letter & interview

Your Interview Guide

A Personalized Interview Strategy

Freshest Opportunities

Never Miss a Good Fit

Get notified when jobs mach your criteria