Accounting Processor

Posted 2 Days Ago
Be an Early Applicant
West Des Moines, IA, USA
In-Office
38K-47K Annually
Entry level
Insurance
The Role
Processes direct bill payments, cash deposits, accounts receivable postings, premium reconciliations, claim drafts, vendor invoices, accounts payable workflows, and EFT requests. Maintains policyholder accounts, resolves billing issues with underwriters, agents, and policyholders, prepares daily accounting reports, and corrects payment variances. Requires accuracy, communication, problem-solving, math, and proficiency with Microsoft Excel and Word.
Summary Generated by Built In

WHO WE ARE

IMT is proud of our heritage and will never forget where our roots are firmly planted. Locally run from its office in West Des Moines, Iowa, IMT has been a Midwest company since it was founded in Wadena, Iowa in 1884. That’s over 140 years!

Today, IMT continues to offer a strong line of personal and commercial insurance products for which it has always been known, along with exceptional service for a competitive price. Our products are offered through Independent Agents throughout a six-state territory – Iowa, Illinois, Minnesota, Nebraska, South Dakota and Wisconsin.

ACCOUNTING PROCESSOR

IMT Insurance is looking for an Accounting Processor to be responsible for performing daily accounting functions relating to processing of direct bill cash receipts, policyholder account maintenance, and Accounts Payable processing. If you’re a detail-oriented person with strong communication skills and has the ability to problem solve, this position is for you! Apply online today!

A DAY IN THE LIFE

  • Process direct bill payments (accounts receivable) not mailed to the company's lockbox service and lockbox exception items and apply to policyholder’s accounts appropriately.
  • Prepare daily cash deposits using remote capture.
  • Process daily reports including daily balancing reports, billing exception reports, pending cash, premium refund list, etc.
  • Reconcile daily premium cash receipts and ensure timely posting to policyholder accounts, identifying and correcting any variances or unapplied payments.
  • Process and clear claim drafts paid.
  • Communicate with underwriters, agents and policyholders to resolve billing and account issues.
  • Process vendor invoices and monitor invoice workflows to ensure timely approval and payment
  • Process EFT setup and change requests.
  • Must be proficient with Microsoft Excel and Word.
  • Works under general supervision.

DESIRED QUALIFICATIONS

  • A college education or relevant work experience is needed to perform job functions.
  • Must be very detail oriented while maintaining accuracy.
  • Must have writing skills to communicate with the customer.
  • Ability to operate standard office computer systems.
  • Ability to read and problem solve.
  • Accounting background with excellent math skills is preferred.
  • Maintain technical expertise and knowledge of current trends and techniques in the market.
  • Ability to listen and communicate to the customer, both verbally and in writing.
  • Must possess the ability to work well with others.

BENEFITS & PERKS

IMT Insurance is committed to our employees and their families. When you work for IMT, you earn far more than just a paycheck. This position includes hybrid work arrangements, learning and development opportunities and more! Below is a list of what IMT offers our employees:

  • Medical, dental, and vision insurance, Life & A D & D insurance, 401K retirement savings accounts, spending accounts, long and short-term disability, profit share, paid vacation & sick time, employee assistant program and additional voluntary benefits.

The salary range for this position is $38,000.00 - $47,000.00

Starting salary and level of position will depend on level of experience

This position is not eligible for tips or commission but may be eligible for additional bonuses

WHAT DEFINES US

Our vision is to provide peace of mind in the moments that matter.

We are an Equal Opportunity Employer and do not discriminate against any employee or applicant based on race, color, sex, age, national origin, religion, sexual orientation, gender identity and/or expression, status as a veteran, and basis of disability or any other federal, state or local protected class.

Our agents and customers come from all walks of life and so do we. Our goal is to hire great people from a wide variety of backgrounds, because it makes our team stronger. If you share our values and our passion for creating a Worry Free life for others, we want to talk to you!

Skills Required

  • College education or relevant work experience
  • Strong attention to detail and accuracy
  • Writing skills for customer communication
  • Ability to operate standard office computer systems
  • Ability to read and solve problems
  • Strong verbal and written communication skills
  • Ability to work well with others
  • Proficiency with Microsoft Excel and Word
  • Accounting background with excellent math skills
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The Company
HQ: West Des Moines, Iowa
277 Employees
Year Founded: 1884

What We Do

IMT is proud of our heritage and will never forget where our roots are firmly planted. Locally run from its home office in West Des Moines, Iowa, IMT has been a Midwest company since it was founded in Wadena, Iowa in 1884. That’s more than 140 years! Social Media Guidelines: imtmarketing.info/socialmediaguidelines Today, IMT continues to offer the strong line of personal and commercial insurance products for which it has always been known, along with exceptional service for a competitive price. Our products are offered through Independent Agency locations throughout our six-state territory – Iowa, Illinois, Minnesota, Nebraska, South Dakota and Wisconsin. While we are proud of our past, we are also proactively planning for the future. We are an insurance company advanced in automation and have won awards for our innovative technology.

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