Payment Processing/Premium Accounting Associate

Job Title: Payment Processing/Premium Accounting Associate-Finance & Accounting

Brief Job Description:
The mission of this job is to promptly analyze and apply premium payments with accuracy and quality, correspond with customers, clients and or agents as applicable. Reconciliation, suspense management and billing management experience are some of job competencies as well.

Responsibilities:

• This position is responsible for processing routine premium payments applied to new policies or renewals
• This position is responsible for processing multiple forms of premium payments applied primarily to renewal policies
• Correspondence with agents and/or policy holders as needed
• Ensuring the accuracy and completeness of payment documents
• Following all applicable compliance procedures for processing such payments, including federal anti-money laundering.
• Reconciling receipt of payment and application
• Suspense Management
• Billing Management
• Managing incoming payments
• Ensure that the assigned targets in accordance with standard level agreement and any internal standards are met
• Ensure cash is handled in accordance with compliance and standard operating controls

Basic Qualifications:

• Premium processing for life and/or annuity contracts preferred
• Bachelor’s Degree in accounting, business management, or finance or years of experience equivalent
• Knowledgeable in life or annuity products and premium processing
• Must have sharp attention to detail and ability to perform with high degree of accuracy.
• Strong analytical skills to review documents and reach sound decisions
• Proven oral and written communication skill set.
• Knowledge of MS office including Excel
• Available for 8hour shift between 8 am to 6 pm working hours, Work from home
• Ability to:
• Meet multiple performance targets at or above benchmark levels; including, but not limited to accuracy, call quality, timeliness, and productivity.
• Work harmoniously with peers within a small team environment to accomplish both personal and team performance goals.
• Work with customers in a professional manner
• Work overtime, as needed, to meet daily deadlines
• Work simultaneously with multiple computer systems
• Compute moderately difficult mathematical calculations

"Base Salary Range Disclaimer: The base salary range represents the low and high end of
the EXL base salary range for this position. Actual salaries will vary depending on factors including but not limited to: location and
experience. The base salary range listed is just one component of EXL's total compensation package for employees. Other rewards include
bonuses and/or commission, as well as a Paid Time Off policy, and many region specific benefits