Premium Accounting Associate – Insurance AR

Kinsale Insurance; Virginia (MN); On-site; USD 55,000 - 70,000; Full time

Benefits offered by this job

Competitive pay & bonus opportunities

Comprehensive benefits: health, dental

Company-paid disability and life

401(k) with employer matching

Generous PTO and holidays

Education dollars for training

Job summary

Kinsale Insurance in Richmond, VA is seeking a Premium Accounting Assistant to support accounts receivable premium balances for its Aspera Insurance Services subsidiary. You will work closely with finance and underwriting to ensure accurate, timely processing of premium transactions onsite.

The role emphasizes following up past-due balances, reviewing statements, issuing NOCs, invoicing audits, and reconciling deposits with premium allocations.

Qualifications

• Associate's degree in Accounting, Finance, or related field required; Bachelor's preferred.
• Two to five years of accounts receivable experience.
• Two to five years of related insurance experience preferred.
• High accuracy and efficiency in data entry.
• Strong written and verbal communication skills.
• Detail-oriented, self-motivated, able to work independently and in a team.
• Working knowledge of Microsoft Office Suite is a plus.

Responsibilities

• Follow up on past-due Aspera balances with agency accounting contacts.
• Review system-generated Aspera statements before sending to agents.
• Release Notices of Cancellation (NOCs) and review related payments for rescission as appropriate.
• Invoice and follow up on Aspera audit and other premium balances returned for direct collection.
• Apply Aspera and Kinsale cash receipts, and serve as backup for cash application.
• Communicate Aspera audit installment requests and prepare return premium check requests for approval.
• Reconcile differences between Aspera deposited transactions and premium/deductible allocations to support accurate ledger entries.
• Maintain scanned and electronic filing of cash receipts and verify claims expense and loss payment checks.

Skills

Accounts receivable

Data entry accuracy

Written and oral communication

Teamwork

MS Office (Excel, Word, Outlook)

Education

Associate's degree in Accounting, Finance, or related field

Bachelor's degree preferred

Tools

Microsoft Office

Job description

Kinsale Insurance in Richmond, VA is seeking a Premium Accounting Assistant to support accounts receivable premium balances for its Aspera Insurance Services subsidiary. You will work closely with finance and underwriting to ensure accurate, timely processing of premium transactions onsite.

The role emphasizes following up past-due balances, reviewing statements, issuing NOCs, invoicing audits, and reconciling deposits with premium allocations.