Job DescriptionJob Description

Responsibilities:

• Sort all premium payments
• Research exceptions and correspond with insured
• Data entry on system, including life and annuity premiums and loan payments
• Batch process checks, verify and prepare deposit
• Scan checks for deposit
• Balance deposit reports daily on Policy Management system versus accounting system versus bank
• Reconcile various accounts (overage, suspense, and loan) monthly and research variances
• Review Suspense report weekly to determine action items
• Field phone calls from members
• Communicate with members via phone, email or letters as necessary
• Maintain, verify, and process EFTs (Electronic Funds Transfer) transmissions through Citizens Bank, using Docusign
• Account for and record returned items from the bank
• Prepare daily and monthly premium reports
• Prepare journal entries
• Balance premium accounts daily and monthly to general ledger
• Balance Premium Distribution by State report (Schedule T) monthly
• Performs other related duties as assigned by Supervisor
• Serves as backup to Accounts Payable
• Performs all other activities and duties normally associated with this position

Company DescriptionWilliam Penn Association is a fraternal benefit society that sells life insurance and annuities. It is headquartered in Pittsburgh, PA and has been in business since 1886.Company DescriptionWilliam Penn Association is a fraternal benefit society that sells life insurance and annuities. It is headquartered in Pittsburgh, PA and has been in business since 1886.

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