Accounts Receivable Specialist

First Staff Services; Naperville (IL); On-site; USD 42,000 - 64,000; Full time

Job summary

National Insurance Firm is seeking a staff level bookkeeper in Naperville to manage premium receivables with minimal supervision. You will apply cash, handle refunds, and reconcile billing to the general ledger while engaging insureds and agents to resolve discrepancies.

This role emphasizes accuracy in aging, cash flow, and journal entries using PeopleSoft. The ideal candidate has 2–5 years in accounts receivable and some general accounting experience; insurance background is a plus.

Qualifications

• 2–5 years of experience in Accounts Receivable.
• Some prior experience in general accounting.
• Insurance industry experience is a plus.
• Degree preferred but not required.

Responsibilities

• Apply cash to insured accounts and reconcile discrepancies.
• Process refunds after endorsements or cancellations with approval.
• Reconcile Berkley Billing to GL and contact insureds/agents on overdue receivables.
• Manage aging receivables to resolve overdue items.
• Monitor daily cash flow and prepare cash flow reports.
• Prepare General Journal Entries using PeopleSoft.
• Pursue continuous process improvement and establish metrics.

Skills

Interpersonal skills

Accounts receivable

Problem solving

Education

Degree preferred

Tools

PeopleSoft

Job description

Job Description

Job Description

Staff level bookkeeping position performing duties related mostly to premium receivables.

This position is expected to operate with a minimum level of supervision, is expected to problem solve, interact and communicate with outside customers (i.e. premium receivables) and interact directly with the different business units

• Apply cash received to insured's accounts; follow up with insureds/agents regarding any discrepancies between billed and received amounts; inform business unit management of developing collection problems while they can still be contained.
  • Process refunds resulting from endorsements, cancellations, etc; verify refunds are due and discuss with business unit management prior to processing.
  • Reconcile Berkley Billing to the general ledger and contact insureds and agents regarding overdue receivables.
  • Manage the aging receivables to ensure any over-due items are resolved
• Monitor daily cash flow and prepare cash flow report.
• Prepare General Journal Entries utilizing Peoplesoft
• Active pursuit of continuous process improvement and progress measurement (metrics);
• 2 - 5 years of experience in Accounts Receivable Department
• Some prior experience general accounting
• Insurance company experience a plus
• Strong interpersonal skills
• Degree preferred but not required

Company Description

National Insurance Firm