Collections Associate

Account Collection AssociateOur employees are at the heart of what we do: helping people, businesses and society prosper in good times and be resilient in bad times. When you join our team, you are bringing this purpose to life alongside a passionate community.Feel empowered to learn and grow while being valued for who you are. At Intact, we commit to supporting you in reaching your goals with tools, opportunities, and flexibility. It's our promise to you.At Intact Insurance Specialty Solutions, we are experts at what we do in protecting what makes businesses unique. Our deep understanding of the specialty insurance market is the foundation for our customized solutions, backed by targeted risk control and claims services. Our employees are passionate about providing insurance coverage that's aligned to our targeted customer groups.Intact's Global Specialty Lines business spans across more than 20 verticals in four distinct markets: U.S., Canada, UK and Europe. The following opportunity is for our U.S. team.We currently have an opportunity for an Account Collection Associate to join our IB&M team based in our Morristown, NJ office on a hybrid schedule. This job is responsible for the billing, payment processing, reconciliation, negotiation, and direct collection of accounts. Secures a commitment to pay the outstanding debt. Some of the Account Collection Associate responsibilities include but are not limited to:Responsible for all billing and collection activity of receivables for assigned accountsIndependently prepares and issues Statement of Accounts.Ensures receipt, analyzes, and processes account/statements.Accountable to receive payments within credit terms for assigned territory and accurately applies cash application and cash disbursement.Takes necessary steps to reconcile and resolve differences on an individual or account level.Writes off aged receivables within corporate guidelines, along with the preparation of supporting documentationNegotiates payment plans and settlements within corporate guidelinesAssists in the delivery of specific training programs for associates.Prepares and distributes monthly reports.Handles a variety of administrative tasks as needed.The expertise you bring:High school diploma with demonstrated experience required.1-3 years billing and collection services or equivalent experience required.Our salary ranges are determined by many factors including location, role, experience and skillset of the candidate. The following ranges displayed reflect the target base salary for new hires; however, your recruiter will provide more specific compensation details during the hiring process. The typical base salary range for this position is: $54,000 – $62,000, based on the factors aforementioned. In addition to base salary, full time Intact employees are also eligible for bonus potential and a full range of benefits to include but not limited to:Comprehensive medical, dental and vision insurance with no waiting periodCompetitive paid time off programs401(k) savings and annual contributions of up to 12% of annual salaryMental health support programs, life and disability insurance, paid parental leave and a variety of additional voluntary benefitsThis position will remain posted until a final candidate is selected. Once the role is filled, this job posting will be removed.We live our Values: We are committed to acting with the highest of ethical standards through our five core values: integrity, respect, customer driven, excellence and social responsibility.Founded in our values, we see diversity as a strength and aspire to create an environment where everyone can be themselves, grow and succeed. Together, we will stand up for what's right to build an inclusive society.Manage your Time: What you accomplish matters more than hours in the office. We are committed to creating a positive and supportive environment in which you perform your best. Our Time-Off and Flexible Work Arrangement options help foster a healthy work-life balance.Our Values are foundational to our success at Intact. You'll make a difference every day when you live our Values, do your best work, are open to change, and invest in yourself.In return, we promise you support, opportunities, and performance-led financial rewards in a flexible work environment where you can:Shape the future: Help us lead an insurance transformation to better protect people, businesses and society.Win as a team: Collaborate with inspiring people to do your best work every day and together, stand up for what is right.Grow with us: Refresh and reinvent your skills, learn from our diverse teams, lift others up, and grow.At Intact Insurance Specialty Solutions we are experts at what we do. Our deep understanding of the specialty insurance market is the foundation for our customized solutions, backed by targeted risk control and claims services. Our employees are passionate about providing insurance coverage that's aligned to our targeted customer groups. Today, we help protect over a dozen industries with tailored coverages and services.