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Senior Premium Accounting Associate

Senior Premium Accounting Associate

Axis CapitalKansas City, MO, United States
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This is your opportunity to join AXIS Capital - a trusted global provider of specialty lines insurance and reinsurance. We stand apart for our outstanding client service, intelligent risk taking and superior risk adjusted returns for our shareholders. We also proudly maintain an entrepreneurial, disciplined and ethical corporate culture. As a member of AXIS, you join a team that is among the best in the industry.

At AXIS, we believe that we are only as strong as our people. We strive to create an inclusive and welcoming culture where employees of all backgrounds and from all walks of life feel comfortable and empowered to be themselves. This means that we bring our whole selves to work.

All qualified applicants will receive consideration for employment without regard to race, color, religion or creed, sex, pregnancy, sexual orientation, gender identity or expression, national origin or ancestry, citizenship, physical or mental disability, age, marital status, civil union status, family or parental status, or any other characteristic protected by law. Accommodation is available upon request for candidates taking part in the selection process.

Job Description : Senior Premium Accounting Associate

How does this role contribute to our collective success?

This role will be part of the North America Insurance Premium Accounting team. The team is responsible for collection of all premium receivables and cash allocations for the Insurance premium written on US writing companies - including Canada. This team is instrumental in making sure premiums are paid timely and are key to the cash flow of the company overall.

What will you do in this role?

Review unresolved differences / issues on cash allocations and premium receivables and assist in escalation process if required.

Prepare disbursement requests for return premiums, commissions, and overpayments to the brokers

Communicate with brokers and Axis internal customers on past due premium receivables.

Work in conjunction with the internal departments and external brokers to research and resolve any outstanding issues and / or inquiries.

Assist the BPO team in researching issues.

Review the overdue receivables report produced by the BPO vendor and work with Axis internal departments and / or brokers to resolve discrepancies.

Initiate policy cancellation processes for non-payment of premium.

Conduct other duties as assigned.

You may also be required to take on additional duties, responsibilities and activities appropriate to the nature of this role.

About You :

We encourage you to bring your own experience and expertise to the table, so while there are some qualifications and experiences, we need you to have, we are open to discussing how your individual knowledge might lend itself to fulfilling this role and help us achieve our goals.

What you need to have :

Bachelor's degree in Accounting or Finance or equivalent work experience.

Knowledge of the P&C insurance industry

Demonstrated knowledge and understanding of related automated financial systems.

Demonstration of strong software skills including Excel, Access, and Outlook.

What we prefer you to have :

Excellent communication, analytical and proven problem-solving skills with a commitment to meeting daily, weekly, and monthly deadlines.

Detail oriented, deadline driven, organized, able to handle multiple tasks while working independently or as part of a team.

Highly motivated and dedicated to contributing to the growth and success of the company.

Problem solver - identification, analysis, recommend, implement.

Ability to prioritize and learn quickly.

Role Factors :

In this role, you will typically be required to :

Be in the office 3 days per week - with the exception of the last week of the month for month-end

Be flexible during month-end with higher work demands

What we offer :

For this position, we currently expect to offer a base salary in the range of $50,000 to $60,000. Your salary offer will be based on an assessment of a variety of factors including your specific experience and work location.

In addition, you will be offered competitive target incentive compensation, with awards based on overall corporate and individual performance. On top of this, you will be eligible for a comprehensive and competitive benefits package which includes medical plans for you and your family, health and wellness programs, retirement plans, tuition reimbursement, paid vacation, and much more.

Where this role is based in the United States of America, this role is Exempt for FLSA

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Associate Accounting • Kansas City, MO, United States

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