Account Management Coordinator
6 days ago
About Us: Hire Point Recruiting is a leading recruitment agency dedicated to matching talented professionals with exciting job opportunities.
Salary: $55,000 - $75,000 per annum based on relevant work experience and qualifications.
Key Responsibilities:
- Coordinate with carriers to retrieve statements and invoices through secure online portals.
- Assist in processing financial transactions, including cash applications and commission settlements, for both agency-billed and direct-billed premiums.
- Handle various payment options, such as wire transfers, checks, and electronic payments.
- Gather and manage critical credit reference data to ensure smooth financial operations.
- Resolve billing discrepancies and make necessary adjustments for direct and agency billing.
- Collect outstanding commissions on direct billing accounts and address any related billing errors.
- Support premium collection efforts for agency billing accounts on a 30/60/90-day cycle.
- Issue timely cancellation notices for overdue premiums on agency billing accounts.
- Retrieve return premiums from carriers and wholesale brokers.
- Assist in preparing monthly accounting statements and supporting premium financing processes.
- Manage communication and organize file attachments efficiently.
- Collaborate with carriers, brokers, and insured clients to resolve discrepancies.
- Support commission downloads into the management system.
- Assist in processing carrier statements and handling payables related to agency billing.
- Distribute cancellation notices and ensure compliance with service agreements.
- Process and apply cash for life and health insurance accounts.
- Provide support for accounts payable functions.
- Work closely with management, demonstrating strong time management and teamwork skills.
- Utilize advanced Excel and MS Office skills for efficient task management.
- The position offers opportunities for growth and professional development within the company.
Requirements:
- Prior experience working in an insurance agency is mandatory.
- Familiarity with agency management systems, such as TAM or EPIC, is crucial.
- Strong accounting and task management skills are essential for success in this role.
- Ability to collaborate effectively with the team and management.
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