Policy Accounting & Support Associate

Policy Accounting & Support Associate

As a Policy Accounting & Support Associate, you will receive and process payments, remittances, and checks. Your role will include daily balancing of premium accounts, receiving and processing premium payments, policy changes, surrenders, maturities, loans, and updates.

Your responsibilities will include:

• Enters data to process policy accounting transactions to record payments information.
• Performs daily balancing of select accounts to ensure out internal systems and the general ledger are in sync.
• Responsible for researching a variety of reports for discrepancies and stale entries. Determine proper actions and apply payments.
• Responsible for researching unpaid checks and EFT returns, analyzing and researching returned items to determine the best course of action. Updates system and communicates as needed.
• Reviews and processes requested changes to policies.

Requirements:

• Associate's degree or equivalent work experience in lieu.
• 1+ years of experience in a position with a focus on math or accounting. Life insurance administration experience is a plus, but not necessary.
• Proficiency in Microsoft office products.
• Knowledge of ACH transaction or general principles of accounting systems is preferred.
• Life Pro experience is a plus.

Pay and Benefits

Summary:

• An excellent schedule – office closes at 1 p.m. every Friday
• Annual profit sharing
• 401(k) with company match with discretionary contribution
• Company-sponsored group medical and dental insurance
• Company-paid life insurance
• Company-paid long-term disability
• Hybrid work environment
• Paid holidays
• Generous vacation time and sick leave
• Paid parental leave
• Casual dress year-round

About Homesteaders:

Homesteaders Life Company, a mutual company owned by its policy holders, is a national leader providing products and services to help people design a better farewell. Founded in 1906, Homesteaders is known for secure preneed funding and innovative solutions that help funeral and end-of-life professionals and consumers connect with each other.