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Relation Insurance Services · 2 hours ago

Premium Accountant, Accounts Receivable

Will County, IL

Full-time

Onsite

Entry, Mid Level

$70K/yr - $90K/yr

2+ years exp

Relation Insurance Services is a leading, innovative company in the insurance market, committed to excellence and delivering cutting-edge solutions. The Premium Accountant is responsible for ensuring the smooth handling of premiums from processing to closing, as well as conducting monthly Accounts Receivable analysis and facilitating refund processes.

ConsultingEmployee BenefitsFinancial ServicesInsuranceRetirement

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

Qualification

Accounting knowledgeCash Receipts processingAccounts Receivable analysisMicrosoft ExcelAnalytical skillsInterpersonal skillsCommunication skillsConfidentiality adherence