Premium Operations Associate at Arch Insurance Group Inc. in Remote

Summary: Arch Insurance Group Inc. is a company focused on collaboration, expertise, and innovation, aiming to promote progress for clients, employees, and communities. The Premium Operations Associate supports the processing of premium and commission transactions in insurance operations, ensuring data accuracy and compliance while learning core operational processes. Responsibilities: - Assist in the entry, validation, and reconciliation of premium data from agents and brokers - Support the processing of premium adjustments and commission calculations under the guidance of senior team members - Support billing processing with entry into applicable systems - Monitor incoming payments and assist in verifying the accuracy of cash application records - Help prepare reports and documentation for internal use and external audits - Communicate with internal stakeholders to resolve basic discrepancies or data issues - Maintain accurate records and follow established procedures to ensure compliance and consistency - Participate in training and development activities to build knowledge of insurance operations and systems - Support process improvement initiatives by identifying inefficiencies and suggesting enhancements Required Qualifications: - Strong attention to detail and accuracy - Basic analytical and problem-solving skills - Effective written and verbal communication - Ability to work collaboratively in a team environment - Eagerness to learn and grow in a fast-paced operational setting - Proficiency in Microsoft Excel and willingness to learn new tools and systems - Associate's or Bachelor's degree in Business, Finance, Insurance, or a related field preferred - 6 months to 3 years of experience in insurance (operations), finance, or administrative operations Preferred Qualifications: - Loss sensitive adjustment experience preferred, but not required - Internship or coursework related to insurance or financial services is a plus Required Skills: Microsoft Excel Important Skills: Analytical skills Nice-to-Have Skills: Eagerness to learn Benefits: Multiple medical plans plus dental, vision and prescription drug coverage, A competitive 401k with generous matching, PTO beginning at 20 days per year, Up to 12 paid company holidays per year plus 2 paid days of Volunteer Time Offer, Basic Life and AD&D Insurance as well as Short and Long-Term Disability, Paid Parental Leave of up to 10 weeks, Student Loan Assistance and Tuition Reimbursement, Backup Child and Elder Care