About The Position
The Claims Accountant is responsible for managing and analyzing financial transactions related to insurance claims. This role ensures the accuracy of claims payments, reserves, and reporting while maintaining compliance with regulatory requirements and company policies. The position works closely with the claims department, accounting, and auditors to improve financial processes and support strategic decision-making. Your Impact: Track, reconcile, and analyze loss payments to ensure accuracy and proper accounting treatment. Reconcile claims bank accounts daily/monthly and resolve discrepancies between bank statements, claims disbursements, and accounting records. Reconcile TPA funds held balance. Ensure timely and accurate month-end and year-end closings related to claims. Identify and resolve discrepancies in claims transactions. Develop and implement process improvements to increase efficiency and accuracy. Partner with the claims department to support accurate claims processing. Handle all requests from other departments, teams or clients, Handle ad-hoc requests from cross-functional departments. Monitor TPA transactions and make sure all transactions are booked correctly
Requirements
- Bachelor’s degree in Accounting, Finance, or related field with at least 2 years of accounting experience (insurance or financial services preferred).
- Strong understanding of GAAP, IFRS, and insurance claims accounting, with proficiency in accounting and financial reporting software.
- Excellent analytical, reconciliation, problem‑solving skills, and high attention to detail and accuracy.
- Effective communicator with strong collaboration skills; able to work independently, manage multiple priorities, and perform well in a fast‑paced environment.
Responsibilities
- Track, reconcile, and analyze loss payments to ensure accuracy and proper accounting treatment.
- Reconcile claims bank accounts daily/monthly and resolve discrepancies between bank statements, claims disbursements, and accounting records.
- Reconcile TPA funds held balance.
- Ensure timely and accurate month-end and year-end closings related to claims.
- Identify and resolve discrepancies in claims transactions.
- Develop and implement process improvements to increase efficiency and accuracy.
- Partner with the claims department to support accurate claims processing.
- Handle all requests from other departments, teams or clients
- Handle ad-hoc requests from cross-functional departments.
- Monitor TPA transactions and make sure all transactions are booked correctly
Stand Out From the Crowd
Upload your resume and get instant feedback on how well it matches this job.
What This Job Offers
Job Type
Full-time
Career Level
Mid Level
