Premium Accounting Specialist

Committed to providing life insurance solutions since 1969 in the United States and globally since 1975, Citizens, Inc. is a publicly traded company (NYSE: CIA) that has maintained a listing on the New York Stock Exchange since 2002. Operating through our insurance subsidiaries, we strategically offer traditional insurance products in niche markets to capitalize on competitive advantages. With a dedicated team of employees located in Austin, Louisiana and a global network of agents, our reach extends to Latin America, Central America, and Asia.

THE OPPORTUNITY

Title: Premium Accounting Specialist

Job Type: Full-time Non-exempt

Reports to: Premium Accounting Manager

Location: Austin, TX (Corporate Headquarters located in the Domain)

At Citizens, Inc., we've curated an exceptional work environment that goes beyond the ordinary. Our open-plan workspace offers panoramic views of the Domain with multiple conference rooms readily available. Start your day with complimentary coffee in our large break area, enjoy walks on the scenic trails nearby, or hit our onsite gym. Our Lunch Drop service provides the luxury of delivering delicious meals directly to our suite for a stress-free lunch break. For financial needs, the onsite bank is at your service. Furthermore, enjoy the convenience of free covered parking in our garage, featuring charging stations for electric vehicles. Participate in our various monthly employee events designed to enhance our cultural engagement. At Citizens Inc., we prioritize strong employee involvement to foster a dynamic workplace culture. Elevate your career with us, where your workplace is more than just an office; it's a destination for growth, innovation, and a flourishing community.

Summary: Citizens is looking for a resourceful, detail-oriented, Premium Accounting Specialist with exceptional skills in customer service to join our accounting team. This position performs entry level accounting transactions and data entry with a high degree of accuracy. Attention to detail is a must. The work involves various accounting related activities, primarily organizing, entering and reconciling insurance premium receipts. 

WHAT YOU WILL GET TO DO

1. Premium Master Record Management

• Maintains an accurate and efficient Premium Master Record (PMR) based upon premium information supplied from external customers and other departments of the Company.

2. Premium Accounting

• Reconcile and balance premium accounting transactions daily.
• Process and record any returned premium accounting transactions.
• Process, input and monitor premium receipts including wire transfers following appropriate internal control guidelines.

3. Discrepancy Resolution

• Assess, research and correct premium accounting discrepancies. Collaborate with other members of the Accounting team or Company as needed.
• Reviews, researches and resolves assigned suspense items in a timely manner.

4. Financial Reporting

• Assist with monthly explanation of assigned policy accounting monthly balance sheet reconciliations.

WHAT YOU NEED TO SUCCEED 

• High school diploma or GED required. 
• Some education in accounting or 1-2 years of experience in an accounting environment. 
• General understanding of accounting principles and accounting techniques.
• Experience with premium accounting in a life insurance company.
• Ability to input a large number of accounting transactions with a high degree of accuracy.
• Ability to calculate discounts, interests, percentages and proportions.
• Ability to address issues and concerns in a professional and effective manner.
• Ability to use or obtain necessary resources to overcome obstacles and achieve goals.
• Ability to meet critical business deadlines with a strong sense of urgency.
• Proficient in Microsoft Office suite. 
• Ability to read, write, and communicate effectively in English and Spanish (Preferred).

BENEFITS (the fun stuff)

As an employee of Citizens, we promise you the opportunity to make a meaningful difference in the lives of our customers, communities, and one another. We believe in fostering a culture of camaraderie, where your ideas are valued, and collaborative efforts drive innovation. Our commitment to rewarding work extends beyond professional growth to recognize your individual contributions and achievements.

We take a complete approach to our employees' well-being. Our benefits package includes medical, dental, vision, short-term and long-term disability, AD&D, group term life insurance, and a matching 401k to secure your financial future. Our benefits plan allows for Virtual Visits and access to our Employee Assistance Program, showcasing our commitment to your health and work-life balance. Enjoy the added perks of generous Paid Time Off and holidays, ensuring you have the time to recharge and savor life outside of work. Join us and embrace a workplace that values not only your professional growth but also your personal fulfillment.

At Citizens, our employees and customers are at the heart of everything we do. Our success as a company begins with our team of employees and departments to service our customers. That's why we strive to create an environment where employees are equipped and challenged to reach their full potential.

Citizens is an equal opportunity employer. We do not discriminate on the basis of race, color, religion, sex, gender identity, national origin, age, disability, or veteran status. We are committed to fostering a diverse and inclusive workplace where every individual is valued, and all qualified applicants are encouraged to apply.