Note: The job is a remote job and is open to candidates in USA. Ryan Specialty is a company that specializes in providing insurance solutions, and they are seeking a Premium Accounting Coordinator. The role is responsible for generating accurate premium invoices, processing payments, and ensuring adherence to underwriting guidelines while supporting the management and analysis of premium-related financial transactions.
Responsibilities
- Assists in the management and analysis of premium-related financial transactions and compiles relevant coverage and financial documents
- Generates premium invoices for policyholders based on policy terms and coverage and ensures accuracy in premium calculations and adherence to underwriting guidelines
- Receives premium payments from policyholders, generates reports on premium collections, outstanding balances, aging receivables and follows up on overdue accounts
- Maintains accurate and up-to-date records of policyholder information, premiums, and payments in the company's database or management system
- Supports the team to review records and client data in systems and handles inquiries from policyholders regarding premium invoices and billing discrepancies
- Reconciles premium payments received from policyholders with the policy records in the company's database to ensure accuracy and identifies any discrepancies
- Identifies and investigates discrepancies or irregularities in premium accounting records and take appropriate corrective actions
- Carries out administrative tasks such as data entry, policy issuance, and modifies policy information while ensuring alignment with industry standards and regulations
- Identifies opportunities to improve efficiency and effectiveness in premium accounting processes, such as automation, system enhancements, or workflow optimizations
- Assists with internal and external audits by providing documentation, reconciliations, and explanations related to premium accounting activities
Skills
- Bachelor's degree required; Finance, Accounting and Business Administration, preferred. Any other related discipline or commensurate work experience considered
- Minimum of 6 months of experience in premium accounting or accounting in the Insurance Industry is preferred
Benefits
- Paid time off for company holidays
- Vacation
- Sick and personal days
- Paid parental leave
- Mental health services
Company Overview
Ryan Specialty is an insurance firm that provides solutions for brokers, agents, and insurance carriers. It was founded in 2010, and is headquartered in Chicago, Illinois, USA, with a workforce of 5001-10000 employees. Its website is https://ryanspecialty.com.Company H1B Sponsorship
Ryan Specialty has a track record of offering H1B sponsorships, with 7 in 2025, 5 in 2024, 1 in 2023. Please note that this does not guarantee sponsorship for this specific role.
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