Insurance Accounting & Payments Processor

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

Benefits offered by this job

Hybrid work

Learning & development

Medical, dental, and vision insurance

401K retirement savings accounts

Paid vacation & sick time

Employee assistance program

Additional voluntary benefits

Job summary

IMT Insurance in West Des Moines, IA, is seeking an Accounting Processor to handle daily accounting functions, including processing direct bill cash receipts, policyholder accounts maintenance, and accounts payable tasks. The role requires attention to detail, strong communication, and proficiency in Excel and Word.

Starting salary ranges from $38,000 to $47,000 with a hybrid work arrangement and comprehensive benefits, including health, retirement, vacation, and disability programs.

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.

Responsibilities

• 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.

Skills

Detail oriented

Communication skills

Problem solving

Writing skills

Reading ability

Teamwork

Education

College education or relevant work experience

Tools

Microsoft Excel

Microsoft Word

Job description

IMT Insurance in West Des Moines, IA, is seeking an Accounting Processor to handle daily accounting functions, including processing direct bill cash receipts, policyholder accounts maintenance, and accounts payable tasks. The role requires attention to detail, strong communication, and proficiency in Excel and Word.

Starting salary ranges from $38,000 to $47,000 with a hybrid work arrangement and comprehensive benefits, including health, retirement, vacation, and disability programs.