Premium Accounting Assistant I

Tokio Marine HCC (TMHCC) brings 50 years of service to the specialty insurance industry, today offering over 100 products to commercial customers in 180 countries around the world. Organic growth and over 60 successful acquisitions have grown our 2022 Gross Written Premium (GWP) to $5 Billion. Our workforce has grown to 4,300 worldwide … big, but not so big that you cannot make a difference. Our Good Company values, including integrity, empowerment, and commitment to customer service, and a culture of innovation, communication, and collaboration make TMHCC a great place to work.

For over 50 years, HCC Life Insurance Company, operating as Tokio Marine HCC – A&H Group, has been at the forefront of medical stop loss insurance. In addition to traditional stop loss, we offer captive and Taft-Hartley stop loss solutions, level funded stop loss, Organ & Tissue Transplant insurance and MedPlus insurance. Tokio Marine HCC – A&H Group is rated A (Superior) by A.M. Best Company and benefits from the financial stability of its parent company, Tokio Marine HCC.

• This role is hybrid but will require you to come onsite in Kennesaw GA*
  
  

Position Summary

Under immediate supervision, responsible for the collection and distribution of premium for all Tokio Marine HCC Benefits products. Provides customer service relating to premium records and information.

Key Responsibilities

• Responsible for the daily input of all cash received through lockbox, mail, or wire transfer. Enter all assigned cash into the premium accounting system.
• Verify incoming premium checks and corresponding premium statements for accuracy and completeness. Determine whether to apply premium or place in unassigned account until set up in the accounting system by the appropriate regional office.
• Frequent verbal and written contact with the client to resolve any variances in premium received, commissions, rates paid, etc.
• Responsible for the daily preparation of deposits, which includes examining deposits for binder premiums or premiums sent to the company in error.
• Responsible for ensuring the timely receipt of premiums according to department guidelines.
• Balance daily deposits after application.
• Prepare variance and collection letters, binder letters, and premium accounting worksheets.
• File all Premium Applications and Correspondence as completed.
• Answer any questions that other departments and offices may have in regards to application of premiums or account balances.
• Assist in educating and training colleagues in the duties and responsibilities of strong premium accounting practices.
• Access in-house resources including TMHCC Life Risk Management staff, Actuarial, Underwriting, and Marketing departments to assist in attaining business goals as necessary.
• Maintain quality, quantity, and turnaround time standards of department and company.
• Complete projects and other duties as assigned by supervisor.
• Possess and have ability to apply basic knowledge of principles, practices, and procedures
• Good written and verbal communication skills with an emphasis on confidentiality, tact, and diplomacy
• Good organizational and analytical skills; demonstrated ability to manage multiple tasks simultaneously
• Proficiency and experience using Microsoft Office Package (Excel, Access, PowerPoint, Word)
  
  

Additional Working Conditions And Physical Demands

• Overtime hours may be required to fulfill job responsibilities
• May be required to remain stationary for extended periods of time
• May be required to move up to 10 pounds
• Must be able to operate a computer and other devices
• Close vision and ability to adjust focus, such as required to read a computer screen
  
  

Education, Experience & Knowledge

• High School or GED
• 1-2 years of relevant experience in Accounting or Finance
  
  

Tokio Marine offers a competitive salary and benefits package, including:

• Generous paid time off (PTO), 12 paid company holidays,
• 401(k) Retirement Plan with 6% company match.
• Health and dental insurance, and vision plan available.
• Company-provided long-term disability and life insurance.
• Opportunities for advancement in a successful and growing organization.
• Flexible work schedules and a great work/life balance.
• Paid Parental Leave.
• Volunteer Time Off.
• Enjoy casual dress and work in a modern, comfortable office with free parking.
• Hybrid work schedule
  
  

The Tokio Marine HCC Group of Companies offers a successful, dynamic organization experiencing rapid growth and are seeking energetic and confident individuals to join our team of professionals. The Tokio Marine HCC Group of Companies is an equal-opportunity employer. Please visit www.tmhcc.com for more information about our companies.

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