Premium Accountant, Accounts Receivable

Relation Insurance Services

3d • $70,000 - $90,000

About The Position

The Premium Accountant is responsible for making sure that premiums are handled in a smooth, timely manner from when it is received for processing to the booking and closing of transmittals. The Premium Accountant facilitates the process of Return Premium processing to Customers or Finance Companies. The Premium Accountant creates monthly Accounts Receivable analysis on outstanding over 90 items.

Requirements

• High school diploma or equivalent required.
• Minimum 2 years of experience in finance and accounting.
• Intermediate knowledge of accounting rules, regulations, policies and procedures that is reflective of the financial service industry.
• Working knowledge of Microsoft applications especially Word and Excel.
• Working knowledge of rules and regulations associated with HIPAA.
• Advanced analytical and mathematical skills.
• Advanced interpersonal skills; strong oral and written communication.
• Ability to prioritize multiple projects, meetings and deadlines.
• Willingness to adhere to all principles of confidentiality.

Nice To Haves

• Two-year associate’s degree in accounting, finance, economics, business, statistics or related field preferred.

Responsibilities

• Reviews all Banking Transactions for appropriate documentation.
• Accurately applies Cash Receipts in accordance with Customer payment.
• Responds to all internal and external requests and inquiries in a timely manner.
• Partners with internal Account Managers to clear Cash on Account and collaborates to research and respond to discrepancies with Customer payments and invoicing.
• Processes refunds of premium and correspondence relating to refunds.
• Reconciles carrier statements, researches and corrects discrepancies on Net Return Premium.
• Partners with the Accounting team on month end closing.
• Maintains files and documentation thoroughly and accurately, in accordance with company policy and accepted accounting practices.
• Oversees Trust Bank Accounts.
• Creates and maintains correspondence for the payment of administrative fees, commissions, access fees and overpayments.
• May train new employees regarding Relation Accounting processes and procedures.
• Identifies and recommends process improvements as needed.
• Performs other projects, duties, and tasks, as assigned.

Benefits

• Competitive pay.
• A safe and healthy work environment provided by our robust benefit program including family health and wellness programs, 401K, employee assistance programs, paid time off, paid holidays and more.
• Career advancement and development opportunities.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: High school or GED