Payment Processing Specialist
Payment Processing Specialist
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Job Description
What part will you play If youre looking for a place where you can make a meaningful difference youve found it.
The work we do at Markel gives people the confidence to move forward and seize opportunities and youll find your fit amongst our global community of optimists and problem-solvers. Were always pushing each other to go further because we believe that when we realize our potential we can help others reach theirs. Join us and play your part in something special! The primary role is to ensure timely and accurate application of premium receivables to maximize Markels cash flow. It includes responsibility for follow-up with agents/customers on questions involving specific payments in order to facilitate application. This associate will be responsible for reconciling daily deposits applied to cash received via various sources and channels.Job Description
- Receives and applies payments daily from agents/brokers/customers based on supporting documentation in an accurate and timely manner.
- Accurately reconciles daily deposits/payments to supporting documentation to ensure appropriate application of payment and timely cash reporting
- Validates and reconciles intercompany funds.
- Seek to find improvements with applying payments more efficiently. Attempt to use auto-application functionality where possible.
- Communicates timely and effectively with producers and other customers (internal/external) in order to meet service level standards.
- Collaborates with internal parties agents/customers to ensure appropriate cash movement between companies and appropriate application of payments received.
- Supports Operational Accounting and Reporting Treasury and Disbursements teams in handling and reporting cash related transactions. Provides backup and assistance to fellow associates when business needs dictate.
Job Requirements
- High School diploma required
- College Degree or relevant experience required
- General accounts receivable knowledge with a minimum of 1 year accounts receivable experience preferred
- P&C Insurance background preferred
- Excellent written and oral communication skill
- Intermediate skills in MS Word Excel and Outlook
- Ability to effectively prioritize and execute tasks
- Solid analytical and problem solving skills
- Strong team player
- Flexibility and attention to details
- Strong desire for continuous improvement
Please note: Markels phased approach for re-entry into our buildings is designed to balance the ongoing health safety and well-being of our employees with operational considerations and regulatory/governmental requirements and recommendations. As a result we implemented a hybrid return to work strategy that allows for three days in the office every week.
The base salary offered for the successful candidate will be based on compensable factors such as job-relevant education job-relevant experience training licensure demonstrated competencies geographic location and other factors.
Choose Markel:
Innovative hybrid work model * A diversity and inclusion focused employer * Exceptional base salary and bonus structure * Comprehensive benefits which include PTO medical dental vision 401K and more * Growth opportunities to advance your career* Ongoing coaching and career development * Fast paced dedication environment *Profitable Fortune 300 company in business since 1930.
Must be authorized to work in the U.S. and not require sponsorship now or in the future
US Work Authorization
US Work Authorization required. Markel does not provide visa sponsorship for this position now or in the future.
Who we are:
Markel Group (NYSE MKL) a fortune 500 company with over 60 offices in 20 countries is a holding company for insurance reinsurance specialist advisory and investment operations around the world.
Were all about people We win together We strive for better
We enjoy the everyday We think further
Whats in it for you:
In keeping with the values of the Markel Style we strive to support our employees in living their lives to the fullest at home and at work.
We offer competitive benefit programs that help meet our diverse and changing environment as well as support our employees needs at all stages of life.
All full-time employees have the option to select from multiple health dental and vision insurance plan options and optional life disability and AD&D insurance.
We also offer a 401(k) with employer match contributions an Employee Stock Purchase Plan PTO corporate holidays and floating holidays parental leave.
Are you ready to play your part
Choose Apply Now to fill out our short application so that we can find out more about you.
Caution: Employment scams
Markel is aware of employment-related scams where scammers will impersonate recruiters by sending fake job offers to those actively seeking employment in order to steal personal information. Frequently the scammer will reach out to individuals who have posted their resume online. These job offers include convincing offer letters and frequently ask for confidential personal information. Therefore for your safety please note that:
All legitimate job postings with Markel will be posted on Markel Careers. No other URL should be trusted for job postings.
All legitimate communications with Markel recruiters will come from email addresses.
We would also ask that you please report any job employment scams related to Markel to .
Markel is an equal opportunity employer. We do not discriminate or allow discrimination on the basis of any protected characteristic. This includes race; color; sex; religion; creed; national origin or place of birth; ancestry; age; disability; affectional or sexual orientation; gender expression or identity; genetic information sickle cell trait or atypical hereditary cellular or blood trait; refusal to submit to genetic tests or make genetic test results available; medical condition; citizenship status; pregnancy childbirth or related medical conditions; marital status civil union status domestic partnership status familial status or family responsibilities; military or veteran status including unfavorable discharge from military service; personal appearance height or weight; matriculation or political affiliation; expunged juvenile records; arrest and court records where prohibited by applicable law; status as a victim of domestic or sexual violence; public assistance status; order of protection status; status as a smoker or nonsmoker; membership or activity in local commissions; the use or nonuse of lawful products off employer premises during non-work hours; declining to attend meetings or participate in communications about religious or political matters; or any other classification protected by applicable law.
Should you require any accommodation through the application process please send an e-mail to the.
No agencies please.
Required Experience:
Unclear Seniority
Employment Type
Full-Time
