Premium Accounting Associate I

Capital-Insurance-Group; Monterey (CA); Hybrid; USD 44,000 - 73,000; Full time

Benefits offered by this job

Hybrid work model

Monterey office

401(k) match

Paid time off

Job summary

Capital Insurance Group in Monterey, CA is hiring a Premium Accounting Associate I to handle routine premium accounting tasks, collect premiums, and post cash while auditing accounts. You will reconcile discrepancies and manage unclaimed property, with additional duties as needed.

The role requires 1–2 years in accounting or banking, education in accounting or business, and proficiency with Microsoft Office. This is a hybrid position with a Monterey office day pattern.

Qualifications

• Education in Accounting or a Business discipline.
• 1–2 years of working experience in accounting, banking, or similar role.
• Working knowledge of Microsoft Office (Excel, Outlook, Word). Experience with automated accounting systems is preferred.

Responsibilities

• Perform routine premium accounting with knowledge of premium accounting transactions.
• Collect premiums, assemble and audit accounts, process and post account cash.
• Reconcilie account discrepancies and handle unclaimed property.

Skills

Attention to detail

Organizational skills

Active listening

Detail-oriented

Education

Education in Accounting or Business

Tools

Microsoft Office

Excel

Outlook

Word

Automated accounting systems

Job description

At Capital Insurance Group we offer our employees more than just a job. We foster career growth, provide opportunities to give back to our communities, and help you take the next step in your career!

CIG was founded in 1898 by a group of earnest farmers in need of protection and today, we are the leading West Coast Property & Casualty insurer. CIG is certified as a Great Place to Work and provides a collaborative, inclusive, and fun work culture for all employees.

Why choose CIG’s Finance Team?

The Finance team at Capital Insurance Group leads all accounting, treasury, and financial planning functions across the company. You’ll have the opportunity to work with a team whose key goal is to ensure CIG’s future success and profitability in order to continue to provide a high-level service to our clients

• Accrue twenty-one days of Paid Time Off during your first year
• Up to eighty-seven percent of benefits are covered by CIG for you and your family members
  • Medical, Dental, Vision plans, Telehealth
• One hundred percent covered plans
  • Basic Life & AD&D
  • Employee Assistance
  • Leave Management
  • Long Term Disability
  • Short Term Disability (Outside of CA)
  • Employee Benefit Advocacy Hot Line
• Family Caregiver Support (Homethrive)
• Child Care Resources (Tootris)
• Business Travel Accident Protection
• Voluntary benefit offerings
  • Short-term Disability (CA only)
  • Voluntary Life AD&D self, spouse, and child plans
  • Flexible Spending (FSA)
  • Health Savings (HSA)
  • Hospital Indemnity
  • Accidental Injury
  • Pet Insurance
  • Commuter Benefit
• Critical Illness
• ARAG Legal Services
• Norton LifeLock
• Above and Beyond Reward Recognition Program
  • Kudos & Shout Out Points Program
  • Quarterly Above and Beyond Bonus Program
  • Annual Above and Beyond Bonus Program
• Competitive compensation
  • Base compensation
  • Salary Management Spot Bonuses
  • Annual Incentive/Profit sharing program, potential payout annually based on company results.
• Gym memberships, credit union, travel, shopping, restaurants, theme parks, and more
• Insurance, educational reimbursement, and bonus programs
• Employee Referral Bonus Program
• Home and Auto Insurance Discount Program.
• Paid Volunteer Time – Through company-planned community events and choose your own adventure PVT in giving back in ways that are meaningful to you!
• Retirement savings benefit (401k and Roth + match)
• Wellness platform, tools, and events - Vitality
• Health Savings Account – match
• Financial Wellness Resources

This is a hybrid-eligible position: Monday through Thursday in our Monterey, CA, office, with Friday as an eligible work-from-home day.

Job Overview

As a Premium Accounting Associate I, you perform routine premium accounting with general knowledge of premium accounting transactions requiring collection of premiums, assembling and auditing accounts, processing and posting of account cash, reconciliation of account discrepancies, and handling of unclaimed property. Additional duties may be assigned.

Education and Experience

• Education in Accounting or a Business discipline.
• Position requires 1-2 years of working experience in accounting, banking, or similar role.
• Working knowledge and skills of Microsoft Office, including Excel, Outlook, and Word. Experience with automated accounting systems is preferred.

Knowledge of

• Knowledge of basic math and accounting concepts is required.
• Basic knowledge of insurance and policy information.
• Knowledge of Business mathematics.
• Working knowledge and skills of Microsoft Office, including Excel, Outlook, and Word.

Ability to

• Employ active listening skills with the ability to test for understanding and express thoughts concisely.
• Work accurately with detail on a consistent basis.
• Must have strong organizational skills, attention to detail, and must have some understanding of collection procedures.
• Organize and prioritize daily work to meet critical deadlines.
• Operate personal computer and keyboard with accuracy and efficiency.
• Ability to understand and carry out simple instructions in standard situations.
• Candidates must be authorized to work in the United States without the need for current or future visa sponsorship.

Salary Range: $43,791.00 - $72,986.00

The salary range listed here has been provided to comply with local regulations and represents a potential base salary range for this role. Please note that actual salaries may vary within the range above or below, depending on experience and location. We look at compensation for each individual and base our offer on your unique qualifications, experience, and expected contributions. This position may also be eligible for other types of compensation in addition to base salary, such as benefits and bonus programs.