Sr Premium Disbursements

General Description:  The Corp AC Sr Staff Premium Disbursements is responsible for processing premium disbursements for assigned locations, as well as reviewing and approving payables for the department.

Responsibilities:

• Approve payments created by Premium Disbursement team members responsible for processing return payments to USI clients, finance companies, and forwarding direct bill premiums.
• Approve payments created by Premium Disbursement team members responsible for processing return premium payments in from carriers/brokers to clear open agency bill payable balances.
• Responsible for processing Premium Disbursements for assigned locations including:
  • Premium Disbursement Checks, wire transfers and ACH payments.
  • Managing assigned centralized e-mail box and responding to all requests within 24 hours.
  • Monitor open check requests weekly until payment is received from insurance company prior to processing return to the insured or finance company.
  • Managing all tasks in ImageRight for processing Premium Disbursements for assigned locations.
  • Resolves uncleared checks by voiding and reissuing as notified by Accounts Receivable and Bank Rec departments.
  • Following all audit procedures.
   
• Leadership role for the team to answer questions and train new staff.

Knowledge, Skills and Abilities:

·        Associates Degree or 2 years of accounting experience required; BA/BS a plus.

·        2-3 years of accounting experience required; 1-2 years at an assistant supervisory level required.

·        12 months experience with premium disbursement processing preferred

·        Thorough knowledge of all aspects of payables policies and procedures.

·        MS Office and Excel proficiency required.

·        Strong knowledge of general accounting.

·        Strong work ethic with a defined sense of urgency.

·        Organized self-starter that works well in a team environment.

·        Strong attention to detail and retention of pertinent information.