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Ryan Specialty · 1 day ago

Premium Accounting Cordinator

Melville, NY

Full-time

Onsite

New Grad, Entry Level

$24/hr - $30/hr

0+ years exp

Ryan Specialty is a company focused on providing innovative solutions in the insurance industry. The Premium Accounting Coordinator is responsible for generating accurate premium invoices, processing payments, and ensuring adherence to underwriting guidelines while supporting premium-related financial transactions and audits.

Financial ServicesInsuranceRisk Management

Comp. & Benefits

H1B Sponsor Likely

Responsibilities

Assists in the management and analysis of premium-related financial transactions and compiles relevant coverage and financial documents

Generates premium invoices for policyholders based on policy terms and coverage and ensures accuracy in premium calculations and adherence to underwriting guidelines

Receives premium payments from policyholders, generates reports on premium collections, outstanding balances, aging receivables and follows up on overdue accounts

Maintains accurate and up-to-date records of policyholder information, premiums, and payments in the company's database or management system

Supports the team to review records and client data in systems and handles inquiries from policyholders regarding premium invoices and billing discrepancies

Reconciles premium payments received from policyholders with the policy records in the company's database to ensure accuracy and identifies any discrepancies

Identifies and investigates discrepancies or irregularities in premium accounting records and take appropriate corrective actions

Carries out administrative tasks such as data entry, policy issuance, and modifies policy information while ensuring alignment with industry standards and regulations

Identifies opportunities to improve efficiency and effectiveness in premium accounting processes, such as automation, system enhancements, or workflow optimizations

Assists with internal and external audits by providing documentation, reconciliations, and explanations related to premium accounting activities

Qualification

Premium AccountingFinancial Transactions AnalysisAccounting PrinciplesInvoice GenerationPayment ProcessingReconciliation SkillsData EntryClient CommunicationAudit SupportProcess Improvement

Required

Bachelor's degree required; Finance, Accounting and Business Administration, preferred. Any other related discipline or commensurate work experience considered

Minimum of 6 months of experience in premium accounting or accounting in the Insurance Industry is preferred

Benefits

Paid time off for company holidays

Vacation

Sick and personal days

Paid parental leave

Mental health services

Company

Ryan Specialty

Glassdoor3.7

Ryan Specialty is an insurance firm that provides solutions for brokers, agents, and insurance carriers.

Founded in 2010

Chicago, Illinois, USA

5001-10000 employees

https://ryanspecialty.com

H1B Sponsorship

Ryan Specialty has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)

Distribution of Different Job Fields Receiving Sponsorship

Represents job field similar to this job

Trends of Total Sponsorships

2025 (7)

2024 (5)

2023 (1)