What are the responsibilities and job description for the Accounting and Claims Process Associate position at Howden Re?
The Accounting & Claims Process Specialist will work at the direction of Accounting & Claims Analysts and Senior Analysts to delivery fast, accurate transaction processing services. Duties may include diligently following procedures to accurately enter data to various systems; processing various types of transactions into one or more systems; transmitting documents to internal and external parties; and filing information to comply with document retention policies.
Primary Responsibilities:
- At the direction of the Analyst or Senior Analyst, enter Claim data, including initial loss notices, loss status updates and proofs of loss and forward to applicable reinsurers.
- At the direction of the Analyst or Senior Analyst, enter financial transactions including premiums, commissions, and other data, and forward invoices to applicable reinsurers.
- Using established reports, track the status of reinsurer settlements, periodically follow for payment according to procedures; document collection efforts; and communicate with Analysts and Senior Analysts on payment status.
- At the direction of the Analyst or Senior Analyst, work with various electronic documents to accurately prepare client backup for transmittal to reinsurers; file documents according to established document retention guidelines.
- At the direction of the Analyst or Senior Analyst, monitor contractual reporting and payment due dates and request premiums and accounts from clients to ensure timely receipt
- Prepare reporting forms and adjustment calculations for client use as needed
- Use reports from various databases to provide information to various internal stakeholders
Qualifications:
This role is open to entry level candidates.
- Associates degree or similar certification in related fields such as Accounting, Data Entry, Risk Management & Insurance, Claims, etc.
- Proficient with Microsoft Office Products, including Excel, Word
- Experience in the Insurance or Reinsurance industry a plus
- Experience with document management and other systems a plus
- Outstanding organizing abilities
- Ability to follow procedures with a high degree of accuracy
- Strong attention to detail
- Solid analytical skills
- English Language proficiency
- Legally authorized to work in the US
What we offer:
A career that you define. Yes, we offer all the usual rewards and benefits - including medical, dental, vision, a wide variety of wellbeing offers, competitive salary, generous PTO, 401k with company match, paid volunteer days and more.
We provide an environment where new ideas are encouraged and celebrated, where people who want to have a real hand in our success thrive. We want people who want to make a difference - not just in the workplace, but in the industry and in the wider community.
EEO Statement:
We consider our people our chief competitive advantage and as such we treat colleagues, candidates, clients, and business partners with equality, fairness, and respect. Howden North America provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training. Howden North America will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment.
