Accounting Processor

imtinsurance; West Des Moines (IA); Hybrid; USD 38,000 - 47,000; Full time

Benefits offered by this job

Hybrid work arrangements

Learning and development opportunities

Comprehensive benefits package

Job summary

IMT Insurance is seeking an Accounting Processor to handle daily accounting tasks such as processing direct bill cash receipts, maintaining policyholder accounts, and handling Accounts Payable. This role requires strong attention to detail, clear written communication, and the ability to problem solve in a fast-paced environment.

You will collaborate with underwriters, agents and policyholders, prepare deposits, reconcile cash, and assist with vendor invoices.

Qualifications

• A college education or relevant work experience is needed to perform job functions.
• Must be very detail oriented while maintaining accuracy.
• Must have writing skills to communicate with the customer.

Responsibilities

• Process direct bill payments and lockbox items and apply to policyholder accounts.
• Prepare daily cash deposits using remote capture.
• Process daily reports including balancing and billing exception reports.
• Reconcile daily premium cash receipts and resolve variances.
• Process and clear claim drafts paid.
• Communicate with underwriters, agents and policyholders to resolve issues.
• Process vendor invoices and monitor invoice workflows for timely payment.
• Process EFT setup and change requests.
• Must be proficient with Microsoft Excel and Word.

Skills

Detail oriented

Strong communication

Problem solving

Teamwork

Reading & writing

Attention to accuracy

Education

College education or relevant work experience

Tools

Microsoft Excel

Microsoft Word

Job description

WHO WE ARE

IMT is proud of our heritage and will never forget where our roots are firmly planted. Locally run from its office in West Des Moines, Iowa, IMT has been a Midwest company since it was founded in Wadena, Iowa in 1884. That's over 140 years!

Today, IMT continues to offer a strong line of personal and commercial insurance products for which it has always been known, along with exceptional service for a competitive price. Our products are offered through Independent Agents throughout a six-state territory - Iowa, Illinois, Minnesota, Nebraska, South Dakota and Wisconsin.

ACCOUNTING PROCESSOR

IMT Insurance is looking for an Accounting Processor to be responsible for performing daily accounting functions relating to processing of direct bill cash receipts, policyholder account maintenance, and Accounts Payable processing. If you're a detail-oriented person with strong communication skills and has the ability to problem solve, this position is for you!

A DAY IN THE LIFE

• Process direct bill payments (accounts receivable) not mailed to the company's lockbox service and lockbox exception items and apply to policyholder's accounts appropriately.
• Prepare daily cash deposits using remote capture.
• Process daily reports including daily balancing reports, billing exception reports, pending cash, premium refund list, etc.
• Reconcile daily premium cash receipts and ensure timely posting to policyholder accounts, identifying and correcting any variances or unapplied payments.
• Process and clear claim drafts paid.
• Communicate with underwriters, agents and policyholders to resolve billing and account issues.
• Process vendor invoices and monitor invoice workflows to ensure timely approval and payment
• Process EFT setup and change requests.
• Must be proficient with Microsoft Excel and Word.
• Works under general supervision.

DESIRED QUALIFICATIONS

• A college education or relevant work experience is needed to perform job functions.
• Must be very detail oriented while maintaining accuracy.
• Must have writing skills to communicate with the customer.
• Ability to operate standard office computer systems.
• Ability to read and problem solve.
• Accounting background with excellent math skills is preferred.
• Maintain technical expertise and knowledge of current trends and techniques in the market.
• Ability to listen and communicate to the customer, both verbally and in writing.
• Must possess the ability to work well with others.

BENEFITS & PERKS

IMT Insurance is committed to our employees and their families. When you work for IMT, you earn far more than just a paycheck. This position includes hybrid work arrangements, learning and development opportunities and more! Below is a list of what IMT offers our employees:

• Medical, dental, and vision insurance, Life & A D & D insurance, 401K retirement savings accounts, spending accounts, long and short-term disability, profit share, paid vacation & sick time, employee assistant program and additional voluntary benefits.

The salary range for this position is $38,000.00 - $47,000.00

Starting salary and level of position will depend on level of experience

This position is not eligible for tips or commission but may be eligible for additional bonuses

WHAT DEFINES US

Our vision is to provide peace of mind in the moments that matter.

We are an Equal Opportunity Employer and do not discriminate against any employee or applicant based on race, color, sex, age, national origin, religion, sexual orientation, gender identity and/or expression, status as a veteran, and basis of disability or any other federal, state or local protected class.

Our agents and customers come from all walks of life and so do we. Our goal is to hire great people from a wide variety of backgrounds, because it makes our team stronger. If you share our values and our passion for creating a Worry Free life for others, we want to talk to you!