Premium Accounting Specialist

4 months ago

Concord, Canada Insurance Supermarket Full time

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:

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

Other Responsibilities:

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

Required Skills, Abilities and Other Attributes:

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

What we offer:

- Paid vacation and PTO
- 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.
- Equipment provided (Laptop/Headset/Monitor)
- 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_

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