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Premium Accounting Clerk II

3 months ago

Oklahoma City, United States Globe Life Full time

The Premium Accounting Clerk II is responsible for ensuring timely and accurate application of premium for all Globe Life individual and group policies, as well as some specialized payment application, such as, add-on payments as well electronic payments from banking institutions.

The clerk will also be responsible for various reporting and reconciliation tasks as assigned. They will be expected to make appropriate determinations based on information provided and policies established by the Premium Accounting Department. Through these tasks and others, the Premium Accounting department handles $315MM in premium monthly and $3.8B in premium yearly.

PRIMARY DUTIES & RESPONSIBILITIES

The Premium Accounting Clerk II is responsible for premium research and payment application of both individual and group policies, including more complex analytical research skills to ensure payments are applied correctly. Key responsibilities include:

  • Payment research and application of both individual and group policies
  • Daily balancing and reporting responsibilities
  • Review and resolution of electronic payments from banking institutions.
  • Daily bank draft balancing and resolution
  • Review transactional data and process necessary entries for the purpose of account reconciliations.
  • Review and resolve entries on the consolidated error log.
  • Process add-on requests and payments.
  • Handle system administrator duties for Premium Processing software, ImageRPS
  • Assist with the responsibilities of the Premium Accounting Clerk I as needed.

KNOWLEDGE, SKILLS, & ABILITIES

  • Intermediate operation of a 10-key calculator
  • Intermediate knowledge of Microsoft Office; including Outlook, Word and Excel.
  • General accounting knowledge; including familiarity with general ledger entries.
  • Detail Oriented; ability to do complex research in multiple systems.
  • Ability to multitask.
  • Ability to work in a fast-paced environment.
  • Good interpersonal skills
  • Good written and verbal communication
  • Available to work overtime as needed.
  • Applicable to all employees of Globe Life & Accident and its subsidiaries:
  • Reliable and predictable attendance of your assigned shift
  • Ability to work full time and/or part time based on the position specifications.

EDUCATION & WORK EXPERIENCE REQUIRED

  • High School Diploma or equivalent
  • College degree: associate or bachelor's degree preferred.
  • 1-3 years related work experience preferred.
  • Insurance work experience preferred.