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Accounts Receivable - Team Lead

W. R. Berkley

Responsibilities The Accounts Receivable Team Lead is responsible for overseeing the day-to-day operations of the Accounts Receivable Department. This includes ensuring the timely application of cash receipts for Direct Bill and Agency Bill, as well as maintaining accurate monthly reporting. The role also ensures billing statement accuracy and that premium collection activities, including NOICs and Rescind Notices, are performed in a timely manner. In addition, the Accounts Receivable Team Lead is responsible for E&S tax compliance obligations and monitoring IDI credit risk. The position oversees the posting of deductible reserves and payments within the Guidewire Claims System and confirms both the accuracy of billing statements and the timely collection of deductible recoveries. Key functions include but are not limited to: Process payments for insureds Respond to insureds emails and phone calls, researching issues and responding in a timely manner Working up and tracking claim deductible invoices and payments Follow up on rejected payments and NSF’s Identify process improvements, recommend and implement changes to improve systems, workflow processes and individual performance. Invoicing external policies and submitting invoices for payment Maintains and updates customer files, including name or address changes as needed Identify and submit collections to third party collection agency Analyzing and Reporting on Accounts Receivable Aging Reviewing, filing and paying IDI’s E&S tax related obligations Monitoring and reporting of IDI credit risk. Special projects as assigned by Management or supervisor Qualifications Degree in Accounting or Finance required 3-5 years of job-related experience in receivables & general ledger accounting Excellent organizational skills (written and oral) Demonstrated ability to be proactive, complete assignments and meet deadlines (written and oral) Ability to effectively communicate with all levels of management, staff, and customers Working knowledge of Microsoft Excel and Word Insurance industry knowledge is a Plus Excellent analytical skills, able to research and resolve issues quickly and independently Ability to effectively work in a fast-pace environment with competing demands on resources, time and priorities The Company is an equal employment opportunity employer. #J-18808-Ljbffr

Vacancy posted 4 days ago
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