Finance Analyst (Collections) Junior

The Collections Analyst will be responsible for analyzing policy premium balances and the timely collection of outstanding premiums within our Open Brokerage Finance this position you will be assigned a group of captive accounts to manage. This role will have interactions with Program Administrators Brokers Insureds Underwriters and other members of the finance team.

Responsibilities:

Communicating outstanding premium balances to brokers

Issuing cancellation notices for non-payment of premium

Reconciliation of outstanding balances

Troubleshoot discrepancies involving premium commission and payment differences

Requesting disbursements for return premium balances

Unapplied cash resolution

Direct Collection of outstanding final audit balances to insureds

Maintain proper account of collection efforts

Work to clarify the resulting final audit and remove any doubt the insured may have disputing the amount owed

Provide Collection Agency Support preparing and submitting account documentation necessary for direct collection

Provide Legal Support by compiling account documentation necessary for litigation

Special projects and system user acceptance testing as needed

Qualifications :

Strong reconciliation analytical and business problem solving skills

Strong interpersonal and organizational skills

Excellent written and verbal communication skills

Ability to work well independently and as part of a team

Ability to work on several tasks simultaneously

Attention to detail

Understanding of Captives and/or Reinsurance business are a plus

Additional Information :

Bachelors degree preferably in Accounting or Finance

4 6 years Insurance experience preferably finance collections or premium audit collections

Advanced knowledge of Microsoft Office products

Experience with Cognos Power BI Great Plains or Alteryx are a plus

Remote Work :

No

Employment Type :

Full-time