Sr Premium Disbursements
Alternate Locations:
VA - Virginia Beach
Apply nowGeneral 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.
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