About this role
• Manage and coordinate residual market filing activities across various insurance residual market programs, including FAIR Plans, Assigned Risk Auto Plans, Workers' Compensation Assigned Risk Pools, and Windstorm/Beach Plans. • Review and validate invoices received through email or designated channels, ensuring completeness, accuracy, and adherence to established guidelines. • Verify market share-based assessments by reviewing written premium data and applicable allocation percentages to ensure accurate calculations. • Process invoice payments in a timely manner while maintaining appropriate supporting documentation and audit-ready records. • Maintain and update tracking tools, databases, and master trackers to ensure accurate monitoring and reporting of residual market obligations. • Support payment administration and compliance requirements related to FAIR Plans, Workers' Compensation Assigned Risk Pools, and other state-mandated residual market programs. • Coordinate activities for assigned state programs, including Workers' Compensation residual market obligations for New Mexico, Mississippi, Massachusetts, and Idaho. • Support Florida CAT-related payment activities and other coastal residual market programs within the defined scope of responsibilities. • Collaborate with internal stakeholders and business partners to resolve invoicing, payment, and assessment-related issues in a timely manner. • Ensure adherence to established processes, controls, and regulatory requirements governing residual market assessments and filings. • Assist with process documentation, reporting, and continuous improvement initiatives to enhance operational efficiency and compliance.
• Manage and coordinate residual market filing activities across various insurance residual market programs, including FAIR Plans, Assigned Risk Auto Plans, Workers' Compensation Assigned Risk Pools, and Windstorm/Beach Plans. • Review and validate invoices received through email or designated channels, ensuring completeness, accuracy, and adherence to established guidelines. • Verify market share-based assessments by reviewing written premium data and applicable allocation percentages to ensure accurate calculations. • Process invoice payments in a timely manner while maintaining appropriate supporting documentation and audit-ready records. • Maintain and update tracking tools, databases, and master trackers to ensure accurate monitoring and reporting of residual market obligations. • Support payment administration and compliance requirements related to FAIR Plans, Workers' Compensation Assigned Risk Pools, and other state-mandated residual market programs. • Coordinate activities for assigned state programs, including Workers' Compensation residual market obligations for New Mexico, Mississippi, Massachusetts, and Idaho. • Support Florida CAT-related payment activities and other coastal residual market programs within the defined scope of responsibilities. • Collaborate with internal stakeholders and business partners to resolve invoicing, payment, and assessment-related issues in a timely manner. • Ensure adherence to established processes, controls, and regulatory requirements governing residual market assessments and filings. • Assist with process documentation, reporting, and continuous improvement initiatives to enhance operational efficiency and compliance.
• B.Com, M.Com, CA or CS. • Good command of written and spoken English. • Good working knowledge of Microsoft Office tools, including Word and Excel. • 3 to 5 years of relevant accounting experience. • Good working knowledge of the activities listed for the relevant line of business.