Accounts Payables-Premium Payables-Transaction/Reconciliation

Role Name - Accounts Payable - Premium Payables - Transaction/Reconciliation

Responsibilities

Payable accounts experience, running pay cycle as per pay terms, vendor statement

reconciliation, processing refunds, handling foreign currency payment, ensure payment is as per invoices

Strong understanding of producer and broker payable operations, ensuring accurate and

timely completion of commission and bonus payments. Demonstrates ability to provide guidance or training to another employee.

Tracking Insurance premium payable, reconciliation of premium, payment of insurance premium to Insurance company. Having exposure to EPIC application,

Monitor, review and approve producer and broker payable transactions, including

commissions, bonuses, and other related payments.

Collaborate with internal departments, such as accounting, sales, and human resources,

to gather necessary information and resolve any payment-related issues.

Completes a higher volume of tasks and demonstrates ability to navigate complex

processes.

Technical Skills

Bachelor's degree in accounting, finance, or a related field (preferred)

2 years of insurance accounting experience in processing payments or commissions to

sales individuals

Excellent knowledge of insurance products, sales processes, and commission structures

as well as knowledge of producer and broker payment processes, including commissions

and bonus calculations.

Working knowledge of various insurance agency management systems (AMS) such as

Benefit Point Applied EPIC is preferred

Willingness to work in US shift hours (CST hours)