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
Vice President of Real Assets Accounting managing fund - level reporting and global audit processes. Leading a collaborative team in a private equity real estate context, ensuring compliance and strategic financial oversight.
Accounting Manager at Greif overseeing day - to - day financial operations. Ensuring compliance and efficiency in a multinational environment with focus on leadership and performance management.
Senior Supervisor overseeing fund accounting operations for a leading financial services provider. Leading a team to ensure compliance and prepare financial reporting in Pune, India.
Supervisor for fund accounting activities ensuring compliance and collaborating with clients. Requires strong accounting experience and financial reporting skills.
Senior Accountant managing accounting operations for clients in logistics industry. Involved in accounts payable, receivable, reconciliations, and specialized audit projects.
Associate managing multiple clients in CAAS (Nonprofit Industry). Handling financial tasks such as accounts payable, receivables, and payroll while supporting client needs.
Senior Manager, Technical Accounting leading BlackBerry’s accounting team in SaaS revenue guidance and financial reporting. Collaborating with cross - functional teams on accounting and reporting matters.
Project Finance Analyst at Anthesis managing project accounting and financial compliance. Collaborating globally to ensure quality in project financial data and standards.
Accounting Co - Op Associate supporting finance operations at Euna Solutions. Assisting with accounts payable, reconciliations, and month - end tasks in a collaborative environment.