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Settlement
Specialist

We're a tech-driven insurance company with Latvian roots, causing waves in industry with our fresh approach. Our secret? Placing people's lifestyles at the heart of our products and leveraging the power of automation. The result is an insurance experience that's as hassle-free as it gets. No need to buy and cancel policies anymore - just a simple, convenient subscription service that smoothly integrates insurance into your everyday life. Today, we are sprinkled across Latvia, Lithuania, Poland, France, Germany, Italy, and Estonia. We're all over the place, and we're just getting started. We are on a mission to redefine the way you think about insurance.

Kogemus
Specialist
Alusta testiga
Milline Balcia kindlustuspakett sa oled?
background Agata Bogusławska
Agata Bogusławska
Chief Accountant
Kohtu oma juhiga

Position

As a Settlement Specialist, you’ll manage commission settlements, ensure reports are accurate, and resolve any data discrepancies. Collaborating with the accounting and IT teams, you’ll play a key role in keeping processes seamless while providing vital support to agents and brokers. It’s a position where your attention to detail and problem-solving expertise can truly stand out!

Get ready to:

  • Accurate and timely settlement of commissions with insurance agents and brokers in accordance with applicable regulations and internal procedures,
  • Timely generation and verification of premium and commission reports to ensure the correct commission rates are applied,
  • Active collaboration with the accounting and IT departments to ensure the smooth and accurate execution of settlement processes,
  • Verification of commission data accuracy before payment approval and resolving any discrepancies,
  • Processing adjustments and overpayments of commissions,
  • Monitoring commission balances for agents and brokers,
  • Communicating with agents and brokers to resolve discrepancies in commission data, analyzing the causes of inconsistencies, and proposing solutions,
  • Documenting the process of resolving discrepancies.

To fit here you'll need:

  • Higher education (preferred fields: finance, economics, mathematics),
  • At least one year of experience in a similar position,
  • Knowledge of accounting and financial principles,
  • Ability to work in a team,
  • Proficiency in MS Office,
  • Analytical and creative thinking skills,
  • Communicative knowledge of English.

Reasons why you'll love it here:

You will be working from our modern office in the Warsaw (almost) city center, while also having the option of a nomad-desk. What is nomad-desk you can ask? It means that you can occasionally choose to work from dynamic locations across Riga, Tallinn, and Vilnius, or, if you wish, your home office.

Our flat organizational structure empowers each employee to make meaningful decisions and contribute directly to our shared vision. Our bonus system aligns your personal goals with company objectives, giving you the freedom to grow in a way you see fit and earn a little extra along the way.

Balcia brings a whole new meaning to insurance, making it dynamic, vibrant, and full of exciting surprises! To make your start here as smooth as possible we'll provide effective onboarding.

You'll receive a competitive salary that's based on your competencies and previous experience. You'll receive high quality health insurance (from day one!), additional paid days off, amazing discounts on Balcia products to keep you and your family safe, and many more. As lovers of surprises, we make sure that each year our benefits package is reviewed with the intent to include even more bonuses! 

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Settlement
Specialist


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Balcia Insurance