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 :
Employee Benefits : We value our employees well-being and offer a comprehensive benefits package :
