Premium Accounting Coordinator handling premium invoicing and payment processing for policyholders in insurance sector. ensuring compliance with underwriting guidelines and managing premium accounting transactions.
Responsibilities
Assists in the management and analysis of premium-related financial transactions and compiles relevant coverage and financial documents.
Generates premium invoices for policyholders based on policy terms and coverage and ensures accuracy in premium calculations and adherence to underwriting guidelines.
Receives premium payments from policyholders, generates reports on premium collections, outstanding balances, aging receivables and follows up on overdue accounts.
Maintains accurate and up-to-date records of policyholder information, premiums, and payments in the company's database or management system.
Supports the team to review records and client data in systems and handles inquiries from policyholders regarding premium invoices and billing discrepancies.
Reconciles premium payments received from policyholders with the policy records in the company's database to ensure accuracy and identifies any discrepancies.
Identifies and investigates discrepancies or irregularities in premium accounting records and take appropriate corrective actions.
Carries out administrative tasks such as data entry, policy issuance, and modifies policy information while ensuring alignment with industry standards and regulations.
Identifies opportunities to improve efficiency and effectiveness in premium accounting processes, such as automation, system enhancements, or workflow optimizations.
Assists with internal and external audits by providing documentation, reconciliations, and explanations related to premium accounting activities.
Requirements
Bachelor’s degree required; Finance, Accounting and Business Administration, preferred
Minimum of 6 months of experience in premium accounting or accounting in the Insurance Industry is preferred
Benefits
Paid time off for company holidays, vacation, sick and personal days
Accounting Analyst with French language supporting financial operations at Conduent. Responsible for account reconciliation and financial reporting in a dynamic international environment.
Sr. Accounting Manager in Global Accounting group managing ongoing accounting operations. Seeking candidates with experience leading teams and executing SOX compliance in a fast - paced environment.
Accounting Clerk supporting Reliable Controls' financial operations through accounting and administration. Collaborating with teams to maintain accuracy and quality in financial processes and records.
Accounting Manager providing cloud - based property accounting services across the U.S. Collaborating with professionals to ensure quality financial reporting in real estate.
Accounting student internship engaging in financial tasks and learning SAP S/4 HANA at RIEDEL Communications. Gain insights into national and international projects in a hybrid work environment.
HR/Accounting Manager providing financial and HR support for multi - award - winning hotel management company. Responsible for financial data management and employee administration.
Accounting Specialist performing full - cycle bookkeeping for Keyrock's Belgian entity. Supporting group consolidation and handling crypto - specific accounting challenges with Odoo.
Accounting Analyst Intern applying finance to real - world accounting, analysis, and reporting at Fluke. Internship offers valuable learning opportunities with exposure to experienced finance professionals.
Head of Accounting overseeing financial operations for Light for the World, ensuring compliance and accuracy across international entities. Lead global consolidation and drive digital finance transformation with a strong focus.