Accounting and Claims Process Specialist

4 weeks ago


Hopkins, Minnesota, United States Howden Group Holdings Full time

Howden Tiger is a global reinsurance broker and risk advisor focused on innovation and superior analytics for top client service.

About the Role

The Accounting and Claims Process Associate will work under the direction of Accounting and Claims Analysts and Senior Analysts to deliver fast and accurate transaction processing services. Key responsibilities include:

  • Accurately entering data into various systems, following established procedures.
  • Processing various types of transactions into one or more systems.
  • Transmitting documents to internal and external parties.
  • Filing information to comply with document retention policies.
Primary Responsibilities

The successful candidate will be responsible for:

  • Entering claim data, including initial loss notices, loss status updates, and proofs of loss, and forwarding to applicable reinsurers.
  • Entering financial transactions, including premiums, commissions, and other data, and forwarding invoices to applicable reinsurers.
  • Tracking the status of reinsurer settlements, following up for payment according to procedures, documenting collection efforts, and communicating with Analysts and Senior Analysts on payment status.
  • Working with electronic documents to accurately prepare client backups for transmittal to reinsurers and filing documents according to established document retention guidelines.
  • Monitoring contractual reporting and payment due dates and requesting premiums and accounts from clients to ensure timely receipt.
  • Preparing reporting forms and adjustment calculations for client use as needed.
  • Providing information to internal stakeholders using reports from various databases.
Qualifications

The ideal candidate will possess:

  • An Associate's degree or similar certification in a related field, such as Accounting, Data Entry, Risk Management and Insurance, Claims, etc.
  • Proficiency in Microsoft Office Products, including Excel and Word.
  • Experience in the Insurance or Reinsurance industry is a plus.
  • Experience with document management and other systems is a plus.
  • Outstanding organizational 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.


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