Lead Assistant Manager
Posted Updated
- 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.
- 6 to 8 years of relevant accounting experience.
- Demonstrated ability to handle people, team coordination and client interactions in addition to strong process knowledge.