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Premium Accounting Specialist

Insurance Supermarket Inc.
3.3 out of 5



Pulled from the full job description

  • Dental insurance
  • Employee assistance program
  • Health insurance
  • Life insurance
  • Paid time off

Full job description

About the position:

The Premium Accounting Specialist is a permanent role taking ownership of monthly recurring premium collection and revenue verification process.

Premium Accounting Specialist is responsible for oversight of daily transactions and payment processing, policy detail reconciliation, payment arrangement adjustments, reconciling premium transactions and assisting agents in premium related inquiries.

Premium Accounting Specialist must excel at communication both written and verbal, levels of curiosity and desire for process improvement. Productivity, timeliness and accuracy are key; exercising appropriate judgment and confidentially are critical.

Duties and Responsibilities:

  • Assisting with agent/Employee inquiries regarding a variety of premium and policy related issues.
  • Performing daily premium receivable and reconciliation functions.
  • Performing monthly premium accounting reconciliation process.
  • Performing monthly bank reconciliation process.
  • Working with multiple company-wide teams and resources to address premium related stats and requirements.
  • Completing projects as assigned.
  • Ad hoc reporting and projects as assigned.

Experience & Qualifications:

  • 2-3 years of related work experience.
  • Experience in Insurance Industry.
  • Accounting Diploma/Degree.
  • Professional experience with Netsuite is required.
  • Proficiency with Microsoft Office including Microsoft Office Excel and Microsoft Office Word.
  • Strong time management and organizational skills.
  • Detail-oriented and strong analytical skills.
  • Ability to prioritize tasks and meet deadlines.

What we offer:

  • Paid vacation time and personal days
  • Health and dental benefits, as well as an Employee Assistance Program (EAP)
  • Opportunity to work with engaged and professional team and colleagues
  • Ongoing professional development & training
  • Opportunities to participate in fun organization activities, such as our Holiday and Summer parties

Who we are:

Insurance Supermarket Group of Companies, including Specialty Life Insurance. is one of the largest and fastest growing independently owned Insurance Technology companies in Canada. We offer comprehensive Life Insurance products that help many Canadians with their life insurance needs. Over 250,000 Canadians a year have relied on our advice, and we have provided more than 10 billion dollars in insurance coverage.

Our team of professionals has been proudly helping Canadian consumers with their life insurance needs for over 11 years. We hire individuals based not only on their expertise, but also on their passion for helping others, and those who live by our core values every day. Our employees are professional, proactive, passionate, team players and persevere in the face of challenges.

We hire individuals based not only on their expertise, but also on their passion for helping others, and those who live by our core values every day. Our employees are amazing: professional, proactive, and passionate; we want to work with and hire the best! Our position will appeal to individuals who want to work for an exciting and growing organization and are mature and self-motivated – we look forward to meeting you!

Specialty Life is also committed to providing barrier-free and accessible employment practices in compliance with the Accessibility for Ontarians with Disabilities Act (AODA). Please let us know if you require accommodation at any stage of the recruitment process.

Job Type: Full-time


  • Paid time off


  • 8 hour shift


  • NetSuite: 1 year (Required)
  • Personal Life Insurance: 1 year (Required)

Work Location: Remote