Financial Operations Associate
2 weeks ago
KORE Insurance Holdings LLC is a trusted leader in the insurance industry, known for going above and beyond to help clients succeed across every aspect of their business and personal life. Established in 2013, our company has its roots dating back to 1972 with our predecessor companies. We are a story of achievement through continuous adaptation and evolution – relentlessly focused on helping clients navigate changing markets and evolve their insurance coverage.
We are committed to diversity and inclusion in the workplace, prohibiting discrimination and harassment of any kind based on race, color, sex, religion, sexual orientation, national origin, disability, genetic information, pregnancy, or any other protected characteristic as outlined by federal, state, or local laws.
We make hiring decisions based solely on qualifications, merit, and business needs at the time. Our goal is to attract top talent who share our values and commitment to excellence.
**Our Culture:**
We value teamwork, open communication, and a collaborative environment. Our employees are passionate about delivering exceptional service to our clients and making a positive impact in the community.
**About the Role:**
This is a full-time position, with on-site work required four days a week and one day remote. The successful candidate will be responsible for maintaining agent carrier portals, retrieving statements and invoices, and assisting with cash applications into the Applied Management System.
**Key Responsibilities:**
- Maintain Agent Carrier Portals and Retrieve Statements and Invoices
- Responsible for Assisting with all Cash Applications into the Applied Management System pertaining to the Premium Trust on Agency Bill and Direct Bill.
- Wires, Checks, Epay payments.
- Assist with Credit References
- Reconcile premium errors & adjustments on direct bill & agency bill
- Reconcile Direct Bill, collecting on Direct Bill past due commissions, researching and handling billing adjustments.
- Assist with Agency Bill Premium Collections, 30/60/90 Day.
- Issuing Intent to Cancels on Agency Bill
- Retrieve all Return Premiums for Carriers and Wholesale Brokers
- Assist with Premium Financing
- Assist with Month End Accounting Statements to all insureds.
- Handle incoming emails and attachments.
- Assist with Discrepancies with Carriers and Wholesalers and Insured's
- Assist with Ivan's download commissions into the Applied System
- Assist with all Carrier Statements and Payables pertaining to Agency Bill.
- Assist with Distribution of Notice of Cancellations.
- Follow all Agency Service Fee Agreements
- Input and do cash application pertaining to Life and Health.
- Assist with Accounts Payables.
**Requirements and Qualifications:**
- A minimum of some insurance agency experience
- Familiarity with Tam or Epic Management Systems
- Strong accounting background and task management skills
**Benefits and Salary:
$55,000 - $65,000 per year, depending on qualifications and experience, plus benefits including health, dental, vision, life insurance, 401(k) plan, 20 days of PTO, and 9 holidays. A hybrid work schedule is available after a 90-day probation period.
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