POSITION SUMMARY
The Accounting Support Specialist I investigates and provides answers on inquiries received related to billing, premium payments application or other related billing matters for internal and external customers. This person is responsible for timely and accurate premiums receipts processing.
PRINCIPAL DUTIES & RESPONSIBILITIES
• Investigate, resolve, and respond to internal and external customer calls and emails regarding inquiries for policy status, payment remittances, return premiums, cancellations, reinstatements, etc.
• Research, review and process unidentified/suspense/exception premium receipts.
• Review, analyze and authorize premium disbursements timely.
• Prepare daily bank deposit reconciliation to assure that all sources of premium postings to the billing system are accounted for and credited correctly to bank accounts.
• Responsible for sorting, prioritizing processing and recording premiums receipts received in house timely and accurately in billing system.
• Prepare correction entries for keying errors due to payment misapplication and bank errors.
• Assists in completing moderately complex calculations and billing account analysis.
• Create and track pending items (i.e. unidentified, suspense, exception items).
• Maintaining proper documentation and filing of supporting documents.
• Perform OFAC clearance and Premium Collections follow-up and resolution.
• Perform back up duties as required.
EDUCATION & EXPERIENCE
• High School Diploma required.
• Accounting course preferred.
• 0 to 1 year’s accounting work experience required.
• Exceptional typing and 10key by touch skills required.
• Excellent oral and written communication.
• Intermediate Excel and Word skills.
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What We Do
The California FAIR Plan is a private association comprised of all insurers authorized to write property insurance in California. The FAIR Plan was established in July 1968 following the 1960s brush fires and riots as the state’s insurer of last resort, created to ensure access to basic property insurance for California homeowners who have been unable to obtain homeowners insurance from the voluntary market for reasons outside of their control. The FAIR Plan will write fire insurance coverage for these homeowners, regardless of a property’s wildfire risk. The FAIR Plan is committed to strengthening consumer choices in the voluntary insurance market, while ensuring that all homeowners, including those who live in areas threatened by wildfires, can obtain basic property coverage and the peace of mind they deserve
