What are the responsibilities and job description for the New Business Accounting Specialist position at Southern Farm Bureau Life?
Job Opportunity : New Business Accounting Specialist at Southern Farm Bureau Life Insurance
Company Overview : Southern Farm Bureau Life Insurance is a leading provider of life insurance and financial services. We are committed to serving our policyholders and communities with integrity and excellence. As the New Business Accounting Specialist, youll be an essential part of our New Business team, contributing to the success of our organization.
Location : Jackson, MS
Role and Responsibilities : The New Business Accounting Specialist reconciles all money received and applied to policy service and new business pending files daily and applies any additional money or policy cash values from existing policies to new business files only. Processes all incoming internal and external 1035 exchanges.
Your responsibilities will include :
Prepare Checks for bank deposit by verifying amounts and signatures, total and balance all checks and vouchers for New Business and prepare a balanced cash report for General Accounting on a daily basis for New Business.
Make corrections to any accounting transactions as needed on a daily basis in Ingenium.
Apply all money that has been placed into accounts for new business applications and place money into accounts for other departments and apply any checks that cannot be applied in the Document Management area.
Transfer money between new business applications.
Process refund checks, requisition checks and void checks
Screen request for policy loans, surrenders and dividend values for all types of internal policies and apply the value to pending policies.
Request 1035 funds from outside financial institutions and apply funds received
Process advanced premium deposit request on New Business applications including computing the calculations and typing the APD forms
Process New Business Mail Queue
Match and mail checks and Caseflow letters
Qualifications :
Associates degree and three years of comparable work experience (i.e. business or customer service related) OR Five years of accounting related experience (a combination of college education and work experience totaling five years will be acceptable)
Knowledge of SFB products and tax laws, preferred
Basic knowledge of Ingenium and all NB administration systems preferred
Basic PC skills
Proficiency in the use of a calculator
Basic typing skills (25 wpm)
Good organizational skills.
Communicate effectively both verbal and written
Ability to function effectively in the workplace as exhibited through one's integrity, courage to act and communication skills
Ability to work with others effectively as exhibited through one's respect for people and commitment to teamwork
Ability to meet organizational goals and customer expectations as exhibited through one's accountability for results, commitment to service and initiative
Ability to perform the essential functions of the job as exhibited through one's growth in job knowledge and professional development
Employee Benefits : We value our employees well-being and offer a comprehensive benefits package :
Health Insurance :
Comprehensive coverage for employees and their families.
Access to an onsite clinic, preventive care, and prescription drugs.
Mental health coverage and an Employee Assistance Program.
Active Lifestyle Rewards Program :
Incentives for maintaining an active lifestyle.
Rewards for participating in fitness challenges and wellness activities.
Weight Management Programs :
Customized weight management plans.
Support for achieving and maintaining a healthy weight.
Employee Engagement :
Opportunities to connect with colleagues.
Fun teambuilding activities.
Annual events for employees and their families
Company Picnic, Thanksgiving lunch, Christmas Reception.
Family Fun Night
Onsite Cafe :
Convenient access to nutritious meals.
Promoting healthy eating habits.
Learning & Development :
Continuous learning opportunities.
Tuition reimbursement for further education.
Mentorship Programs :
Pairing employees with mentors.
Professional growth and guidance.
Promotional Opportunities :
Advancement within the company.
Career growth prospects.
Life Insurance and Company-Funded Pension :
Financial security for employees and beneficiaries.
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