Premium & Commission Analyst

Insurance Premiums And Account Reconciliation Specialist

SWBC is seeking a talented individual to perform daily activities associated with premium and revenue transactions for Lender Placed Mortgage, Excess Flood, Guaranteed Asset Protection (GAP), and Collateral Protection Insurance (CPI) products to include customer service, inquiries, reconciliations, payment application, month end activities, system reporting and validation, journal entries, accounting functions, and system analysis to ensure accurate general ledger (GL) and financial reporting.

In this role, you'll be part of a great team and company that values collaboration and integrity. You'll gain job satisfaction from working in a position where attention to detail is essential and where you'll be challenged daily through problem-solving and analytical thinking. You'll have the opportunity to work closely with operational business units, building strong relationships as you support them through critical accounting processes. This role offers varietybalancing premiums, reconciling accounts, preparing reports, and troubleshooting issueswhile giving you the chance to make a meaningful impact on financial accuracy and operational efficiency. If you enjoy working with data, improving processes, and contributing to a team that values your expertise, this is the role for you.

Essential duties include the following :

• Inputs and balances premiums received for insurance products, including reconciling overages and shortages, making corrections, and distributing premium refunds.
• Supports commissions operations with the setup of distributions, carriers, and products.
• Prepares and analyzes month end reporting to support adjustments in the carrier payable and income accounts to true up premium balances between systems.
• Processes inquiries on premium products, commissions, refund checks, ACH sweeps, etc. and performs the research to provide a resolution.
• Reconciles general ledger accounts.
• Prepares journal entries, communicates with internal and external customers, and provides guidance on operations.
• Processes, reviews, and makes any necessary adjustments to the download reports that contain all premium and refund journal entries to be posted into the accounting general ledgers.
• Assists with carrier audits, internal audits, and year end audits to provide supporting documentation.
• Creates reporting and analyzes data across multiple insurance and accounting systems to support financial transactions, cash transfer requests, and payments to agents, carriers, and clients.
• Performs process, system, and data analysis to troubleshoot and identify root causes and works with management on problem resolution.
• Performs other duties as required.

Serious candidates will possess the minimum qualifications :

SWBC offers

SWBC is a Substance-Free Workplace and requires pre-employment drug testing.

Please note, SWBC does not hire tobacco users as allowed by law.