MSIG North America continues to grow! 

Summary/Job Purpose:

The Premium Accounting Representative is responsible to bill and collect premium dollars and maintain low outstanding receivables for assigned book of business.  Identify errors in premium receivables and reconcile them with appropriate areas. Regularly work with producers, branch underwriting, operations and the audit department.  Identify collection problems and coordinate resolution with department management, the field and the MSMM representatives. Reconcile and balance cash receipts to bank and general ledger.

Essential Functions:

• Reconciles Agency and Direct bill receivables on assigned book of business. Manages Agency and Direct Bill accounts to achieve departmental goals, improve cash flow by proactively reviewing accounts prior to them aging, and manages statutory overdue items to achieve corporate goals.  Works closely with zone offices, brokers, insureds and audit department to resolve open items, discrepancies and collection issues.  Communicates with agents, underwriting and policyholders regarding open items and collection issues.  Documents collection activity in accordance with department procedures.   Processes cash daily in the WINS Premium Accounting system, cash balancing and bank deposits.  Processes check disbursements.  Communicates often with department manager regarding aged items, collection and customer service issues.  

• Research statutorily overdue items monthly and provide required information to department management for reporting on a quarterly basis. Identify items for adjustments.

• Review and analyze various monthly Premium Accounting reports to assist management in identifying trends and potential collection problems.  Report status monthly on overdue items greater than $10,000, with recommendations for resolution.

• Reconcile unapplied cash, initiate cash disbursements and identify write-offs in accordance with department guidelines.

• Mail monthly statements to agents and insureds. The electronic filing of statements, cash receipts, cash disbursements, write-offs and account current statements in Laserfiche to ensure an accurate audit trail.

• Complete quarterly and annual asset impairment analysis.

• Reconcile and balance department cash to the bank and general ledger. 

• Assist with projects and system testing as requested. 

• Assist colleagues with processing of work during busy periods.

Education and Experience Required: 

• High school diploma or general education degree (GED) is required.
• 3 years commercial insurance experience is required.
• Premium Accounting or collection experience is preferred.

It's an exciting time for our company and a great opportunity to join a financially sound and growing global insurance group!  
It is the policy of MSIG-NA to provide equal employment opportunity (EEO) to all persons regardless of age, color, national origin, citizenship status, physical or mental disability, race, religion, creed, gender, sex, sexual orientation, gender identity and/or expression, genetic information, marital status, status with regard to public assistance, veteran status, or any other characteristic protected by federal, state or local law. In addition, MSIG-NA will provide reasonable accommodations for qualified individuals with disabilities.