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Accounts Receivable Specialist

Company: Century Group
Location: Denver
Posted on: February 25, 2021

Job Description:

Century Group is excited to partner with a well known finance firm who is looking to grow their team due to growth in their underlying business.They have a strong team environment and are looking for a Accounts Receivable Specialist with an insurance/finance background. The firm prides itself on its' low turnover and positive workplace culture. They invest in their people and would love to have a conversation with you.Job SummaryResponsible for management and collections of outstanding accounts receivable dollars from the existing client base and all other aspects of receivable management, resolving customer billing problems and reducing accounts receivable delinquency and aging. Analyze and manage risk/fraud issues by identifying, measuring, and reporting to Management when potential risk/fraud flags are discovered.Primary Responsibilities (Job Duties)* Monitors accounts in assigned territory for delinquency* Makes courtesy calls or sends reminder emails to past due customers* Make frequently contacts with insurance carriers (or their designated general agents) to obtain policy cancellation and unearned premium information* Follows up with insurance carriers for timely receipt of unearned premium* Creates and disseminates invoices to insurance agencies to recoup unearned commissions and follows up as needed* Applies unearned premium, unearned commission, and endorsement credits from insurance agencies and carriers to account balances* Regularly compiles and analyzes data pertaining to anticipated losses and informs Senior Management* Performs write-offs monthly in our proprietary servicing system* Oversees final billing to customers and turns relevant accounts over to outside collections* Recognizes negative trends and potential risks and escalates as required* Performs several Risk and Compliance processes to identify and mitigate potential fraudMinimum Qualifications* Bachelor's Degree in Finance or a business-related field, or equivalent knowledge gained through work experience in insurance or finance-related industry* Working knowledge of Microsoft Word, Excel, Outlook, and the InternetPreferred Qualifications* Prior experience in commercial insurance or mid-market business-to-business lending* Strong oral and written communications skills to correspond with parties at various levels* Attention to detail and accuracy when relaying and recording information* Quick-thinking, with developed analytical and problem-solving skills* Planning and organizing to achieve timely follow-up and problem resolution* Ability to multi-task on a variety of projects while meeting deadlines and maintaining qualityREF # 37232#ZR

Keywords: Century Group, Denver , Accounts Receivable Specialist, Other , Denver, Colorado

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