[Remote] Premium Operations Associate
Note: The job is a remote job and is open to candidates in USA. Arch Insurance Group Inc. is a company focused on collaboration, expertise, and innovation, aiming to empower clients and communities. The Premium Operations Associate role supports the processing of premium and commission transactions in insurance operations, ensuring data accuracy and compliance while working closely with senior team members.
Responsibilities
- Assist in the entry, validation, and reconciliation of premium data from agents and brokers
- Support the processing of premium adjustments and commission calculations under the guidance of senior team members
- Support billing processing with entry into applicable systems
- Monitor incoming payments and assist in verifying the accuracy of cash application records
- Help prepare reports and documentation for internal use and external audits
- Communicate with internal stakeholders to resolve basic discrepancies or data issues
- Maintain accurate records and follow established procedures to ensure compliance and consistency
- Participate in training and development activities to build knowledge of insurance operations and systems
- Support process improvement initiatives by identifying inefficiencies and suggesting enhancements
Skills
- Strong attention to detail and accuracy
- Basic analytical and problem-solving skills
- Effective written and verbal communication
- Ability to work collaboratively in a team environment
- Eagerness to learn and grow in a fast-paced operational setting
- Proficiency in Microsoft Excel and willingness to learn new tools and systems
- 6 months to 3 years of experience in insurance (operations), finance, or administrative operations
- Associate's or Bachelor's degree in Business, Finance, Insurance, or a related field preferred
- Loss sensitive adjustment experience preferred, but not required
- Internship or coursework related to insurance or financial services is a plus
Benefits
- Multiple medical plans plus dental, vision and prescription drug coverage
- A competitive 401k with generous matching
- PTO beginning at 20 days per year
- Up to 12 paid company holidays per year plus 2 paid days of Volunteer Time Offer
- Basic Life and AD&D Insurance
- Short and Long-Term Disability
- Paid Parental Leave of up to 10 weeks
- Student Loan Assistance and Tuition Reimbursement
- Backup Child and Elder Care
Company Overview
Company H1B Sponsorship