Role & responsibilities
Perform Direct Bill, Agency Bill, and Carrier Statement Reconciliations.
Manage Premium Trust Account Reconciliations in compliance with US regulations.
Process and reconcile Producer Commissions and Compensation.
Review premium transactions and resolve accounting discrepancies.
Monitor outstanding balances and investigate variances.
Prepare accounting reports and reconciliation summaries.
Ensure compliance with US insurance accounting standards and procedures.
Coordinate with carriers, brokers, producers, and internal teams.
Maintain accurate financial records and documentation.
Preferred candidate profile
Experience with US Retail Insurance Agencies, Brokerages, or Insurance BPOs.
Robust knowledge of Direct Bill, Agency Bill, Carrier Statement, Commission, Producer Compensation, and Premium Trust Account Reconciliations.
Understanding of US insurance accounting and fiduciary regulations.
Experience handling insurance premium transactions.
Solid analytical and reconciliation skills.