• Job Description

  Req#: 5940
  OVERVIEW
  
  
  Kaplansky Insurance, an Alera Group company, is looking for a Premium Accountant for our Needham, MA office . Once trained, this will be a hybrid role.
  Alera Group was founded in 2017 and has grown to become the 15 th largest broker of US business . We are passionate about our clients’ success in the areas of Employee Benefits, Property and Casualty Insurance, Retirement Plan Services, and Wealth Services. With a network of offices nationwide, our commitment to collaborat ion allows us to offer national resources combined with local service.
  Since 1974, Kaplansky built and continues to establish ourselves as the agency that delivers an exceptional customer experience, choice, and reliability. At Kaplansky, we don’t just sell insurance. We work closely with clients to help them make meaningful and informed decisions every day when it comes to protection and their future.
  
  RESPONSIBILITIES
  
  
  The Premium Accountant plays a vital role in the day-to-day management of payments to insurance brokers and carriers in an accurate and timely manner. In addition, this position will be responsible for assisting in the auditing of client transactions to ensure correct payment streams, collaborating with the Account Managers to research and respond to discrepancies with carrier statements. Transacting client premiums when bound by Account Manager. Identifying opportunities to improve workflow process and procedures. The Premium Accountant must communicate effectively with carriers to ensure minimal corporate financial risk related to payments and report to the Controller to create monthly accounts payable reports, develop action plans, and assist in training new employees regarding accounting processes and procedures.
  Additional Responsibilities:
  • Responsible for ensuring that Agency Bill is handled in an efficient manner including transacting client premiums
  • Reviews all invoices for appropriate documentation and approval prior to payment
  • Responds to Account Manager/Company inquiries
  • Requests company refunds and documents files accordingly
  • Reconciles carrier statements, researches and corrects discrepancies
  • Ensures Agency Bill is paid by due date in accordance with Agency practices through company payment platforms, Agency Checks and ACH
  • Maintains Activities, files and documentation thoroughly and accurately in accordance with company policy and accepted accounting practices
  • Creates and maintains correspondence for disputes, revisions, overpayments and all exceptions between client transactions and company payable invoice/statement through Activity management
  • Immediate attention to Agency Bill audits
  • Special projects and other duties as assigned
  
  QUALIFICATIONS
  
  
  • High School diploma or equivalent required
  • Minimum 2 years finance and accounting experience
  • Applied Epic and insurance accounting knowledge is strongly preferred
  • Knowledge of accounting rules, regulations, policies and procedures reflective of the financial service industry
  • Working knowledge of Microsoft applications, specifically Outlook Word and Excel
  • Working knowledge of rules and regulations associated with HIPAA
  • Must be detail oriented, organized and able to meet deadlines
  • Advanced interpersonal skills; strong oral and written communication
  • Willingness to adhere to all principles of confidentiality
  • Ability to work independently and be team oriented
  
  BENEFITS
  
  
  Alera Group offer s comprehensive benefits to our colleagues , including medical, dental, life and disability insurance, 401k, generous paid time off and much more.
  We're an equal opportunity employer. All applicants will be considered for employment without attention to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran or disability status , or any other protected class .
  Alera Group is committed to protecting your privacy. Please review our Privacy Policy to understand what personal information we may collect and use as part of your application process.
  #LI- KC 1
  #LI-Hybrid
  
  
  • High School diploma or equivalent required
  • Minimum 2 years finance and accounting experience
  • Applied Epic and insurance accounting knowledge is strongly preferred
  • Knowledge of accounting rules, regulations, policies and procedures reflective of the financial service industry
  • Working knowledge of Microsoft applications, specifically Outlook Word and Excel
  • Working knowledge of rules and regulations associated with HIPAA
  • Must be detail oriented, organized and able to meet deadlines
  • Advanced interpersonal skills; strong oral and written communication
  • Willingness to adhere to all principles of confidentiality
  • Ability to work independently and be team oriented
  
  
  The Premium Accountant plays a vital role in the day-to-day management of payments to insurance brokers and carriers in an accurate and timely manner. In addition, this position will be responsible for assisting in the auditing of client transactions to ensure correct payment streams, collaborating with the Account Managers to research and respond to discrepancies with carrier statements. Transacting client premiums when bound by Account Manager. Identifying opportunities to improve workflow process and procedures. The Premium Accountant must communicate effectively with carriers to ensure minimal corporate financial risk related to payments and report to the Controller to create monthly accounts payable reports, develop action plans, and assist in training new employees regarding accounting processes and procedures.
  Additional Responsibilities:
  • Responsible for ensuring that Agency Bill is handled in an efficient manner including transacting client premiums
  • Reviews all invoices for appropriate documentation and approval prior to payment
  • Responds to Account Manager/Company inquiries
  • Requests company refunds and documents files accordingly
  • Reconciles carrier statements, researches and corrects discrepancies
  • Ensures Agency Bill is paid by due date in accordance with Agency practices through company payment platforms, Agency Checks and ACH
  • Maintains Activities, files and documentation thoroughly and accurately in accordance with company policy and accepted accounting practices
  • Creates and maintains correspondence for disputes, revisions, overpayments and all exceptions between client transactions and company payable invoice/statement through Activity management
  • Immediate attention to Agency Bill audits
  • Special projects and other duties as assigned

• About the company

  Alera Group is an independent national insurance brokerage and wealth management firm made up of 24 like-minded, high-performing, entrepreneurial firms across the United States. We are the nation’s 7th largest privately held employee benefits firm and ...

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