Accounting & Claims Process Associate

The Accounting & Claims Process Specialist will work at the direction of Accounting & Claims Analysts and Senior Analysts to delivery fast, accurate transaction processing services. Duties may include diligently following procedures to accurately enter data to various systems; processing various types of transactions into one or more systems; transmitting documents to internal and external parties; and filing information to comply with document retention policies.

Primary Responsibilities:

- At the direction of the Analyst or Senior Analyst, enter Claim data, including initial loss notices, loss status updates and proofs of loss and forward to applicable reinsurers.

- At the direction of the Analyst or Senior Analyst, enter financial transactions including premiums, commissions, and other data, and forward invoices to applicable reinsurers.

- Using established reports, track the status of reinsurer settlements, periodically follow for payment according to procedures; document collection efforts; and communicate with Analysts and Senior Analysts on payment status.

- At the direction of the Analyst or Senior Analyst, work with various electronic documents to accurately prepare client backup for transmittal to reinsurers; file documents according to established document retention guidelines.

- At the direction of the Analyst or Senior Analyst, monitor contractual reporting and payment due dates and request premiums and accounts from clients to ensure timely receipt

- Prepare reporting forms and adjustment calculations for client use as needed

- Use reports from various databases to provide information to various internal stakeholders

Qualifications:

This role is open to entry level candidates.

- Associates degree or similar certification in related fields such as Accounting, Data Entry, Risk Management & Insurance, Claims, etc.

- Proficient with Microsoft Office Products, including Excel, Word

- Experience in the Insurance or Reinsurance industry a plus

- Experience with document management and other systems a plus

- Outstanding organizing abilities

- Ability to follow procedures with a high degree of accuracy

- Strong attention to detail

- Solid analytical skills

- English Language proficiency

- Legally authorized to work in the US