Truist Senior Insurance Accountant in Birmingham, Alabama
Req ID: R0072635
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Regular or Temporary:
Language Fluency: English (Required)
1st shift (United States of America)
Please review the following job description:
Responsible for all lines and types of insurance premiums and commissions, providing accurate accounting and reporting of transactions for insurance services, ensuring financial reporting is in full compliance with GAAP accounting principles.
Working with line of business and insurance carriers, brokers and agents to provide timely payment and/or reconciliation of insurance premiums and commissions.
Following is a summary of the essential functions for this job. Other duties may be performed, both major and minor, which are not mentioned below. Specific activities may change from time to time.
Maintain and work within all appropriate controls to assure compliance with all Sarbanes Oxley requirements, including but not limited to, security in workflow, handling of checks and other funds, reporting of financial results.
Responsible for timely premium accounting and/or commission processing/reconciling of all lines and types of insurance premiums and commissions. Including working with less experienced teammates to train on best practices to improve efficiency and accuracy.
Research and resolve aged items due to/from insurance carriers, brokers and agents.
Work with and resolve inquiries from third party service providers and LOB client service associates associated with these transactions.
Provide support and documentation as requested.
Assist with system conversions of acquired businesses and other special projects as requested.
Ensure the timely, proper and accurate reporting of insurance accounting transactions in a manner consistent with GAAP accounting principles.
The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Bachelor’s degree or equivalent education and related training.
Good organizational and interpersonal skills.
Ability to communicate effectively with peers, and leadership within the Corporation as well as appropriate individuals external to the Corporation.
Demonstrated proficiency in basic computer applications such as Microsoft Office software products.
Ability to work without close supervision.
Three or more years of accounting experience.
- Prior experience in an insurance accounting role .
Truist supports a diverse workforce and is an Equal Opportunity Employer that does not discriminate against individuals on the basis of race, gender, color, religion, citizenship or national origin, age, sexual orientation, gender identity, disability, veteran status or other classification protected by law. Truist is a Drug Free Workplace.
EEO is the Law (https://www.eeoc.gov/sites/default/files/2022-10/EEOC_KnowYourRights_screen_reader_10_20.pdf)
Pay Transparency Nondiscrimination Provision (https://www.dol.gov/sites/dolgov/files/OFCCP/pdf/pay-transp_%20English_formattedESQA508c.pdf)