Premium Accountant, Accounts Receivable

WHO WE ARE

Relation Insurance is a leading, innovative company with a strong commitment to excellence and a passion for delivering cutting-edge solutions to our clients. As a key player in the insurance market, we pride ourselves on our dynamic culture, collaborative environment, and continuous drive for success. With a rich history and a bright future ahead, we are looking for exceptional individuals to join our team and contribute to our ongoing growth and success.

WHAT WE’RE LOOKING FOR

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.

A GLIMPSE INTO YOUR DAY

• 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.

WHAT SUCCESS LOOKS LIKE IN THIS ROLE

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

WHY CHOOSE RELATION?

• 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.

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Note: The above is not all encompassing of the full position description.

Relation Insurance Inc. provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws. This applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.

The wage range for this role takes into account the wide range of factors that are considered in making compensation decisions including but not limited to skill sets; experience and training; licensure and certifications; and other business and organizational needs. The disclosed range estimate has not been adjusted for the applicable geographic differential associated with the location at which the position may be filled. At Relation, it is not typical for an individual to be hired at or near the top of the range for their role and compensation decisions are dependent on the facts and circumstances of each case. A reasonable estimate of the current range is presented within this posting.

You may also be eligible to participate in a discretionary annual incentive program, subject to the rules governing the program, whereby an award, if any, depends on various factors, including, without limitation, individual and organizational performance.

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$70,000.00 - $90,000.00