Cash Receipts Specialist

Cash Receipts Specialist

Bridge Specialty Group is seeking a Cash Receipts Specialist to join our growing team in Garden City, NY!

The Cash Receipts Specialist is responsible for managing producer accounting activities, including account cash application and reconciliation, balance resolution, premium corrections, and return premium processing. Collaborate with producers and underwriting teams to resolve discrepancies and ensure accurate financial records.

How You Will Contribute:

• Responsible for posting daily cash deposits received in a variety of ways (EPAY/ACH/Lockbox/Physical Checks etc..).
• Responsible for research and proper posting of misapplied/unapplied funds.
• Research and resolve credits on account either through proper application or refund processing.
• Responsible for first outreach regarding past due/bad debt collections.
• Assists with DNOC/Cancellation processing and follow-ups.
• Applying and contacting agents and/or underwriting with discrepancies.
• Assists with corrections and day-to-day accounting issues with underwriting teams.
• Answer questions from agents regarding balances & work with them on getting issues resolved.
• Cross-trained accounting functions to help fill-in covering vacations, illness, or any other absence.
• May perform other duties as assigned.

Skills & Experience to Be Successful:

Required

• High school diploma or General Education Degree (GED); or one three months related experience and/or training; or equivalent combination of education and experience.
• Proficient with MS Office
• Exceptional telephone demeanor
• Ability to maintain a high level of confidentiality.

Preferred:

• Undergraduate degree in business administration, accounting, finance or related field preferred.
• Insurance experience preferred.

About Us:

Bridge Specialty Group creates a seamless way to connect the varying needs of our retail partners with the market clout and talents of our wholesale entities. Our more than 25 niche-focused brands reflect our deep experience and specialization in construction, general casualty, environmental liability, professional liability, health care, public entity, workers' comp, property and personal lines.

With more than 50 locations and more than 2,000 team members throughout the United States and Europe, Bridge has access to more than 200 standard and excess & surplus lines carriers that support our $7+ billion premium books.

Our focus is on bringing the power of collective size and specialty to the wholesale brokerage marketplace. Bridge Specialty Group aligning risk with greater reach.

Pay Range

28.00 - 30.00 Hourly

The pay range provided above is made in good faith and based on our lowest and highest annual salary or hourly rate paid for the role and takes into account years of experience required, geography, and/or budget for the role.

Teammate Benefits & Total Well-Being

We go beyond standard benefits, focusing on the total well-being of our teammates, including:

• Health Benefits: Medical/Rx, Dental, Vision, Life Insurance, Disability Insurance
• Financial Benefits: ESPP; 401k; Student Loan Assistance; Tuition Reimbursement
• Mental Health & Wellness: Free Mental Health & Enhanced Advocacy Services
• Beyond Benefits: Paid Time Off, Holidays, Preferred Partner Discounts and more.

Not reflective of all benefits. Enrollment waiting periods or eligibility criteria may apply to certain benefits. Benefit details and offerings may vary for subsidiary entities or in specific geographic locations.

The Power To Be Yourself

As an Equal Opportunity Employer, we are committed to fostering an inclusive environment comprised of people from all backgrounds, with a variety of experiences and perspectives, guided by our Diversity, Inclusion & Belonging (DIB) motto, "The Power to Be Yourself".