Accounts Receivable Specialist

Job Description

Job Description

Staff level bookkeeping position performing duties related mostly to premium receivables.

This position is expected to operate with a minimum level of supervision, is expected to problem solve, interact and communicate with outside customers (i.e. premium receivables) and interact directly with the different business units

• Apply cash received to insured's accounts; follow up with insureds/agents regarding any discrepancies between billed and received amounts; inform business unit management of developing collection problems while they can still be contained.
  • Process refunds resulting from endorsements, cancellations, etc; verify refunds are due and discuss with business unit management prior to processing.
  • Reconcile Berkley Billing to the general ledger and contact insureds and agents regarding overdue receivables.
  • Manage the aging receivables to ensure any over-due items are resolved
• Monitor daily cash flow and prepare cash flow report.
• Prepare General Journal Entries utilizing Peoplesoft
• Active pursuit of continuous process improvement and progress measurement (metrics);
• 2 - 5 years of experience in Accounts Receivable Department
• Some prior experience general accounting
• Insurance company experience a plus
• Strong interpersonal skills
• Degree preferred but not required

National Insurance Firm