Accounts Recievable Specialist

Our client is a large insurance company that provides a full range of insurance products across the United States and globally. Our client also offers claims and information management, risk control consulting, and appraisal services to clients around the world

Position Summary This position reports to the Accounts Receivable Manager. This position is responsible for the receivables processes related to cash application of premiums and direct bill receipts, timely discrepancy resolution, aged receivable analysis and preparation of reports as needed. Provides support to Manager of Accounts Receivable and other accounting functions with an emphasis on customer service, research, and analysis and problem resolution. Communicate and work closely with the Off-Shore Team.

Essential Duties and Responsibilities:

  • Assist in resolution of cash application
  • Resolve direct bill suspense account items in a timely and accurate manner.
  • Assist in obtaining direct bill statements, checks and supporting information from insurance markets for Off-Shore Team as needed.
  • Prepare detailed client account analysis as requested.
  • Issue outstanding credit notifications and bring outstanding credits to final resolution.
  • Determine appropriate disposition of checks received in the accounting center.
  • Monitor, analyze and release credits on account in accordance with policy requirements.
  • Monitor and clear unapplied cash suspense accounts in accordance with the Finance Policy Manual.
  • Monitor bank accounts and assist Off-Shore Team cash application team with complicated cash receipts, wires and ACH’s.
  • Process all ACH’s as necessary.
  • Respond to internal and external customer inquiries in a timely manner.
  • Analyze research and resolve problems.
  • Prepare balance sheet account reconciliations as assigned.
  • Participate in tasks as assigned for conversion, merger and acquisition integration.
  • Provide direct support to Accounts Receivable Manager with tasks as required.
  • Perform all duties in compliance with Sarbanes-Oxley, Corporate Financial Policy, BSD Policy and Departmental Procedures

Qualifications

  • High School diploma required. Some college courses preferred.
  • Minimum 2 years of accounts receivable or similar accounting process experience.
  • Minimum 2 years insurance brokerage accounting experience preferred.
  • Proficient in Excel, Word.

Pay: $45,000.00 per year

Experience:

  • Accounts Recievable: 2 years (Required)
Posted
11/06/2021
Salary Range
$32,000.00 - 44,000.00
per Year
Salary range estimated by
Location
Chicago, IL 60290, US
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