Accounts Receivable Analyst

Risk Strategies; United States; On-site; USD 29,411 - 43,050; Full time

Benefits offered by this job

Medical benefits

Dental and vision insurance

Disability and life insurance

Retirement savings plan

Job summary

A leading insurance and risk management firm is seeking an Accounts Receivable Analyst in the United States to join their dedicated team. The role requires expertise in insurance accounting and strong attention to detail, as well as problem-solving and customer service skills. Responsibilities include resolving financial discrepancies, processing finance agreements, and managing aged receivables. This full-time position offers a competitive hourly pay range of $21.35 to $31.25, along with a suite of comprehensive benefits.

Qualifications

• 2+ years of experience in accounts receivable or related financial analysis role.
• Ability to work independently and meet deadlines.
• Adaptability to changing processes and willingness to learn.

Responsibilities

• Identify and resolve discrepancies in financial transactions.
• Handle exceptions related to operating and trust accounts.
• Process finance agreements for funding according to procedures.
• Manage aged receivables, taking steps to resolve outstanding issues.

Skills

Insurance accounting experience

Attention to detail

Problem-solving skills

Customer service skills

Proficiency in accounting software

Communication skills

Education

Bachelor's degree in Accounting, Finance, or related field

Tools

Microsoft Office Suite

Job description

We are seeking a detail-oriented and proactive individual to join our Accounts Receivable team as an Accounts Receivable Analyst. In this role, you will be responsible for a variety of tasks related to financial transactions, payment processing, discrepancy resolution, and supporting Account Managers. Your meticulous attention to detail, strong customer service and problem-solving skills will be required to complete this role.

Your Impact

• Discrepancy Resolution: Identify and resolve any discrepancies in financial transactions before applying funds to ensure accuracy; strong customer service skills: work effectively and collaboratively with multiple team members within the accounting teams and field offices to support the AR activities and resolve issues
• Operating and Trust Account Exceptions: handle exceptions related to operating and trust accounts, ensuring proper resolution and documentation
• Payment Identification: collaborate with Account Managers to identify payments and facilitate the accurate application of payments to corresponding accounts; daily Reconciliation Payment Packet; daily reconciliation is done between payments received at the bank and receipted in the system. Supporting evidence is gathered and sent to Supervisor for review
• Finance Agreement Processing: process finance agreements for funding in accordance with established procedures
• Portal Tickets: handle portal tickets, addressing inquiries and resolving issues in a timely manner.
• Interoffice Bank Transfers: facilitate interoffice bank transfers as needed, ensuring proper documentation and compliance; Payments in "Claim this Client; review and resolve payments posted in the "Claim this Client" system, addressing discrepancies, and ensuring accurate accounting
• Aged Receivables: monitor and manage aged receivables, taking proactive steps to resolve outstanding issues.
• Team Support: provide backup support to team members during peak workloads or absences to maintain workflow continuity; Ad Hoc Projects; assist with ad hoc projects as assigned by management to support departmental goals and initiatives

Successful Candidate Will Have

• INSURANCE ACCOUNTING EXPERIENCE REQUIRED
• Bachelor's degree in Accounting, Finance, or related field (preferred); 2+ years of experience in accounts receivable or related financial analysis role
• Strong attention to detail and problem-solving skills; Strong Customer Service skills and background
• Proficiency in using accounting software and Microsoft Office Suite
• Excellent written and oral communication and interpersonal skills, ability to work independently and meet deadlines; adaptability to changing processes and willingness to learn.

Additional Information

• This position may require minimal travel for training, meetings, or other collaborative activities. Overtime is required during high-volume periods, month-end, and year-end closings.

Pay Range

$21.35 - $31.25 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 this role.

Seniority level

• Associate

Employment type

• Full-time

Job function

• Accounting/Auditing

Industries

• Insurance and Accounting

Risk Strategies is the 9th largest privately held U.S. brokerage firm offering comprehensive risk management advice, insurance and reinsurance placement for property & casualty, employee benefits, private client services, as well as consulting services and financial & wealth solutions. With more than 30 specialty practices, Risk Strategies serves commercial companies, nonprofits, public entities, and individuals, and has access to all major insurance markets. Risk Strategies has over 200 offices and more than 5,500 employees as part of the Accession Risk Management Group family of companies.

Industry recognition includes being certified a Great Place to Work and on the Inc. 5000 list as one of America’s fastest growing private companies. Risk Strategies is committed to being good stewards for our company, culture, and communities by having a strong focus on Environmental, Social, and Governance issues.

At Risk Strategies Company, base pay is one part of our total compensation package, which also includes a comprehensive suite of benefits, including medical, dental, vision, disability, life, and retirement savings, The total compensation for a position may also include other elements dependent on the position offered. The expected base pay range for this position is between $26.50 - $31.25 per hour. The actual base pay offered may vary depending on multiple individualized factors, including geographical location, education, job-related knowledge, skills, and experience.

Risk Strategies is an equal opportunity workplace and is committed to ensuring equal employment opportunity without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, Veteran status, or other legally protected characteristics. Learn more about working at Risk Strategies by visiting our careers page: www.risk-strategies.com/careers.