What are the responsibilities and job description for the Premium Accountant position at SageSure?
Overview:
If you're looking for the stability of a profitable, growing company with the entrepreneurial spirit of a startup, we’re hiring. SageSure, a leader in catastrophe-exposed property insurance, is seeking a Premium Accountant. This position will be responsible for preparing daily and monthly reconciliations of Premium recorded in Policy Services, as well as related, complex bank activity. All journal entries, bank reconciliations and exceptions are to be prepared and recorded daily and monthly, as required. Other related job duties could include invoicing policies, processing premium payments, posting policies, reconciling receipts, and managing disbursements. The candidate must be service-minded, self-driven, detailed-orientated and possess exceptional organizational skills with heavy accounting and banking knowledge and abilities.
What you’d be doing:
Named among the Best Places to Work in Insurance by Business Insurance for four years in a row (2020-2023), SageSure is one of the largest managing general underwriters (MGU) focused on catastrophe-exposed markets in the US. Since its founding in 2009, SageSure has experienced exceptional growth while generating underwriting profits for carrier partners through hurricanes, wildfires, and hail. Available in 16 states, SageSure offers more than 50 competitively priced home, flood, earthquake, and commercial products on behalf of its highly rated carrier partners. Today, SageSure manages more than $1.9 billion of inforce premium and helps protect 640,000 policyholders.
SageSure has more than 1000 employees working remotely or in-office across nine offices: Cheshire, Connecticut; Chicago, Illinois; Cincinnati, Ohio; Houston, Texas; Jersey City, New Jersey; Mountain View, California; Marlton, New Jersey; Tallahassee, Florida; and Seattle, Washington.
SageSure offers generous health benefits and perks, including tuition reimbursement, wellness allowance, paid volunteer time off, a matching 401K plan, and more.
SageSure is a proud Equal Opportunity Employer committed to building a workforce that reflects the spectrum of perspectives, experiences, and abilities of the world we live in. We recognize that our differences make us strong, and we actively seek out diverse candidates through partnerships with organizations, institutions and communities that represent various backgrounds. We champion belonging and inclusion for all identities, including, but not limited to, race, ethnicity, religion, sexual orientation, age, veteran status, ability status, gender, and country of origin, striving to create a culture where all individuals feel valued, respected, and empowered to bring their authentic selves to work.
Our nimble, highly responsive culture nurtures critical thinkers who run toward problems and engineer solutions. We relentlessly pursue better outcomes by investing in the technology, talent, and tools that position us to succeed in demanding markets. Come join our team! Visit sagesure.com/careers to find a position for you.
California Applicants: View SageSure’s Workforce Members’ Privacy Notice - CA Privacy Policy & Notice of Collection
If you're looking for the stability of a profitable, growing company with the entrepreneurial spirit of a startup, we’re hiring. SageSure, a leader in catastrophe-exposed property insurance, is seeking a Premium Accountant. This position will be responsible for preparing daily and monthly reconciliations of Premium recorded in Policy Services, as well as related, complex bank activity. All journal entries, bank reconciliations and exceptions are to be prepared and recorded daily and monthly, as required. Other related job duties could include invoicing policies, processing premium payments, posting policies, reconciling receipts, and managing disbursements. The candidate must be service-minded, self-driven, detailed-orientated and possess exceptional organizational skills with heavy accounting and banking knowledge and abilities.
What you’d be doing:
- Preparing daily journal entries to record exceptions, policy premium and bank activity accordingly
- Daily bank reconciliation preparation
- Researching daily exceptions and making recommendations for corrective action, document and follow-thru completion
- Processing and reconciling premium receipts (ACH, Credit Card, Lockbox)
- Reconciling financial discrepancies by collecting and analyzing account information
- Preparing special financial reports by collecting, analyzing, and summarizing account information and trends
- Reviewing and researching aged receivables that are collectible
- Reporting payments appropriately in accordance with the company’s escheatment and unclaimed property process
- Reviewing, researching and processing return premium transactions
- Requesting wire transfers and/or disbursements to correspond with specific exceptions as they are identified
- Maintaining financial security by establishing and auditing internal controls
- Substantiating financial transactions by auditing documents and providing necessary support
- Answering accounting procedure questions by researching and interpreting accounting policy and regulations
- Strong verbal and written communication
- Customer service, critical thinking and problem-solving skills
- Ability to calculate figures and amounts ordinary and customary to the accounting function
- Demonstrated accuracy and attention to detail
- Working knowledge of QuickBooks and Microsoft Office Suite, with an emphasis on Excel
- Ability to complete projects on a timely basis
- Ability to work independently while demonstrating initiative and creativity
- A positive attitude and excellent organizational skills
- Bachelor’s Degree in Business, Accounting, Mathematics, or related area preferred. Professional Accounting experience can substitute on a year-for-year basis for the required education
- 2 years of experience in general ledger Accounting, Banking or related field
- Basic understanding of accounting principles and standards required. Previous accounting experience and an understanding of Insurance industry preferred
Named among the Best Places to Work in Insurance by Business Insurance for four years in a row (2020-2023), SageSure is one of the largest managing general underwriters (MGU) focused on catastrophe-exposed markets in the US. Since its founding in 2009, SageSure has experienced exceptional growth while generating underwriting profits for carrier partners through hurricanes, wildfires, and hail. Available in 16 states, SageSure offers more than 50 competitively priced home, flood, earthquake, and commercial products on behalf of its highly rated carrier partners. Today, SageSure manages more than $1.9 billion of inforce premium and helps protect 640,000 policyholders.
SageSure has more than 1000 employees working remotely or in-office across nine offices: Cheshire, Connecticut; Chicago, Illinois; Cincinnati, Ohio; Houston, Texas; Jersey City, New Jersey; Mountain View, California; Marlton, New Jersey; Tallahassee, Florida; and Seattle, Washington.
SageSure offers generous health benefits and perks, including tuition reimbursement, wellness allowance, paid volunteer time off, a matching 401K plan, and more.
SageSure is a proud Equal Opportunity Employer committed to building a workforce that reflects the spectrum of perspectives, experiences, and abilities of the world we live in. We recognize that our differences make us strong, and we actively seek out diverse candidates through partnerships with organizations, institutions and communities that represent various backgrounds. We champion belonging and inclusion for all identities, including, but not limited to, race, ethnicity, religion, sexual orientation, age, veteran status, ability status, gender, and country of origin, striving to create a culture where all individuals feel valued, respected, and empowered to bring their authentic selves to work.
Our nimble, highly responsive culture nurtures critical thinkers who run toward problems and engineer solutions. We relentlessly pursue better outcomes by investing in the technology, talent, and tools that position us to succeed in demanding markets. Come join our team! Visit sagesure.com/careers to find a position for you.
California Applicants: View SageSure’s Workforce Members’ Privacy Notice - CA Privacy Policy & Notice of Collection