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Premium Accounting Specialist Jobs

Company

Insurance Supermarket International Canada

Address Canada
Employment type FULL_TIME
Salary
Category Banking,Insurance,Financial Services
Expires 2023-07-28
Posted at 10 months ago
Job Description

Hiring:

Premium Accounting Specialist

About the position:


The Premium Accounting Specialist is a permanent role taking ownership of the monthly recurring premium collection and revenue verification process.

Premium Accounting Specialist is responsible for oversight of daily transactions and payment processing, policy detail reconciliation, payment arrangement adjustments, reconciling premium transactions and assisting agents in premium-related inquiries.


Premium Accounting Specialists must excel at communication both written and verbal, with levels of curiosity and desire for process improvement. Productivity, timeliness and accuracy are key; exercising appropriate judgment and confidentially are critical.


Duties and Responsibilities:


  • Work closely with other departments to ensure accurate and timely billing and collections.
  • Participate in the development and implementation of new premium accounting workflows and processes.
  • Continuously build and maintain knowledge of industry and company guidelines, regulations, and workflows.
  • Maintain accurate and timely records of all transactions.
  • Consistently hit targeted performance goals
  • Process and reconcile premium payments on a daily basis.
  • Collaborate with internal partners to resolve billing issues and discrepancies in premium payments.


Other Responsibilities:


  • Participate in special projects/assignments as requested.
  • Commission Payments to external partners.
  • Attend regular training meetings and update process documentation as needed.


Required Skills, Abilities and Other Attributes:


  • Strong attention to detail and accuracy
  • Strong analytical and problem-solving skills
  • Effectively able to work independently and in a team environment.
  • Self-driven and customer-service oriented
  • Proficient knowledge of Microsoft Excel
  • Excellent verbal and written communication skills
  • Effective organizational skills
  • Strong time management and multi-tasking abilities
  • 1 - 2 + years of previous experience is a plus



What we offer:

  • Equipment provided (Laptop/Headset/Monitor)
  • Paid holidays
  • 75% Company contribution for Employee Medical, Dental and Vision benefits
  • Ability to work from home on a full-time basis anywhere in the US.
  • Paid vacation and PTO


This job description is a summary of the typical functions of the job and not an exhaustive list. Responsibilities, tasks and duties of the jobholder might differ from those outlined in the job description, and other duties, as assigned, may be part of the job.


Who we are:

With operations in Canada and US, Insurance Supermarket Group of Companies, including Specialty Life Insurance. is one of the largest and fastest-growing independently owned Insurance Technology companies in North America. We offer comprehensive Life Insurance products that help many North American with their life insurance needs. Over 250,000 Canadians a year have relied on our advice, and we have provided more than 10 billion dollars in insurance coverage.


Our team of professionals has been proudly helping Canadian consumers with their life insurance needs for over 13 years. Our employees are professional, proactive, passionate, team players and persevere in the face of challenges.


We hire individuals based not only on their expertise, but also on their passion for helping others, and those who live by our core values every day. Our position will appeal to individuals who want to work for an exciting and growing organization and are mature and self-motivated – we look forward to meeting you!


Specialty Life is also committed to providing barrier-free and accessible employment practices in compliance with the Accessibility for Ontarians with Disabilities Act (AODA). Please let us know if you require accommodation at any stage of the recruitment process