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EMC Insurance

Provides property/casualty insurance and reinsurance

Associate Accountant - Cash Operations

Accounts Payable/ReceivableConfirmed live in the last 24 hours
Full-timeDes Moines, IA, USA$47k - $71.4k

About the Job

Requirements

  • An associate degree in accounting or equivalent relevant experience is required.
  • Two years of experience in accounts receivable or related experience is required.
  • Experience with Guidewire Billing Center or Workday general ledger is preferred.
  • Knowledge of Microsoft Excel and Word is required.
  • Strong problem-solving and account reconciliation skills are required.
  • Knowledge of banking terms is required.
  • Ability to multi-task and prioritize deadlines is required.
  • Strong organizational skills and attention to detail are required.

Responsibilities

  • Review lockbox reject items that do not meet payment acceptance rules and research billing and agency systems.
  • Partner with the Field Billing team to obtain missing data for processing, and accept or reject payments according to established timelines and procedures.
  • Process ACH and check returns in the appropriate system.
  • Create and maintain procedure manuals for Guidewire Billing Center functions.
  • Review monthly reports from branch offices and prepare summary reports for management.
  • Provide supporting documentation for agency bill payment reconciliation and route lockbox correspondence to the appropriate department.
  • Review monthly legacy and Billing Center reports of outstanding agent balances and external collections transaction registers submitted by regions.
  • Contact the Field Billing team to resolve discrepancies or outstanding items and prepare a monthly management summary report.
  • Partner with management to review and finalize updates to Guidewire Billing Center procedure manuals.
  • Provide documentation for internal and external audit inquiries, review Model Audit Rule narratives related to the premium receipts process quarterly, recommend changes to management, and serve as backup for accounting team members.
  • Review check payments and apply them to the appropriate systems, collaborating with Finance team members as needed.
  • Ensure all payments are accurately processed to the correct billing system the same day and complete daily deposit tickets.
  • Upload ACH and check return documentation to agent or policyholder accounts.
  • Send notification of change documentation to Field Billing team and agency team members for required account updates.

Desired Qualifications

  • Experience with Guidewire Billing Center or Workday general ledger.

About the Company

EMC Insurance

Provides property/casualty insurance and reinsurance

EMC Insurance Companies provides property and casualty insurance products for businesses and also offers reinsurance. It underwrites commercial policies and provides loss-control services, bonds, surety, and fidelity coverage, operating in more than 40 states with international risk written on a reinsurance basis. Its EMC Re division supplies facultative and treaty reinsurance to other insurers, helping them manage risk. The goal is to simplify insurance transactions for clients while offering broad risk coverage and supporting other insurers through reinsurance partnerships.

Company size
1,001-5,000
Company stage
IPO
Headquarters
Des Moines, IA
Founded
1911

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