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Senior Cash Application Specialist
Job in
Palatine, Cook County, Illinois, 60095, USA
Listed on 2026-10-08
Listing for:
Arthur J. Gallagher & Co.
Full Time
position Listed on 2026-10-08
Job specializations:
-
Accounting
Accounting & Finance, Accounts Receivable/ Collections, Financial Reporting, Financial Compliance
Job Description & How to Apply Below
We’re a team of fast-paced fixers, empathetic experts, and outcomes drivers — people who care deeply about doing the right thing and doing it well. Whether you're managing claims, supporting clients, or improving processes, you’ll play a vital role in helping businesses and individuals move forward with confidence. Here, you’ll be supported by a culture that values teamwork, encourages curiosity, and celebrates the impact of your work.
Because when you’re here, you’re part of something bigger. You’re part of a team that shows up, stands together, and leads with purpose. How you'll make an impact Gallagher Bassett is seeking a Senior Cash Application Specialist to join our dynamic team and play a vital role in ensuring the seamless flow of financial operations. As a Senior Cash Application Specialist, you will be at the heart of our financial operations, ensuring accuracy and efficiency in cash application processes.
Responsibilities:
Accurately and promptly process incoming payments (checks, ACH, wire transfers, etc.) to client accounts.
Investigate and reconcile payment discrepancies, collaborating with internal teams and clients to resolve issues.
Maintain detailed and organized records of cash application activities, ensuring compliance with company policies and audit requirements.
Research and resolve unapplied or misapplied payments, ensuring all accounts are up-to-date and accurate.
Oversee and manage the activities of the GCOE Cash Application Team, fostering collaboration and driving efficiency. Streamline processes to enhance productivity and ensure seamless operations.
Partner with collections and accounts receivable teams to streamline financial operations and enhance efficiency.
Prepare and analyze daily, weekly, and monthly reports on cash application activities to support decision-making.
Assist with audits by providing accurate documentation and insights as needed.
About You
Required:
A Bachelor’s degree and at least 4 years of related experience.
Proficiency in Microsoft Excel and financial management software.
Preferred:
A Bachelor’s degree in Accounting or Finance is highly preferred.
Strong analytical skills and a proactive approach to problem-solving.
Exceptional organizational skills and attention to detail.
The ability to work independently and collaboratively within a team.#LI-KK3
Compensation and benefits
We offer a competitive and comprehensive compensation package. The base salary range represents the anticipated low end and high end of the range for this position. The actual compensation will be influenced by a wide range of factors including, but not limited to previous experience, education, pay market/geography, complexity or scope, specialized skill set, lines of business/practice area, supply/demand, and scheduled hours.
On top of a competitive salary, great teams and exciting career opportunities, we also offer a wide range of benefits. Below are the minimum core benefits you’ll get, depending on your job level these benefits may improve:
Medical/dental/vision plans, which start from day one!
Life and accident insurance
401(K) and Roth options
Tax-advantaged accounts (HSA, FSA)
Educational expense reimbursement
Paid parental leave
Other benefits include:
Digital mental health services (Talkspace)
Flexible work hours (availability varies by office and job function)
Training…
Position Requirements
10+ Years
work experience
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