Collections Specialist II

Starr; Philadelphia (Philadelphia County); On-site; USD 45,000 - 65,000; Full time

Job summary

Starr, a global leader in commercial insurance, seeks a Collections Specialist II in Philadelphia to monitor outstanding premium receivables, collaborate with brokers and underwriters, and report aging balances. This role emphasizes timely payments and adherence to company procedures.

The position requires 3–5 years of experience, a finance-related bachelor's degree, strong Excel skills, and a proactive, detail-oriented approach.

Qualifications

• 3–5 years of collections or accounts receivable experience.
• Bachelor's degree in Finance, Accounting, or related field.
• Proficient in Excel.
• Experience with Workday preferred.
• Strong analytical skills and problem-solving abilities.
• Detail-oriented with high accuracy.
• Ability to work with minimal supervision and as part of a team.

Responsibilities

• Monitor and pursue outstanding accounts receivable.
• Document unapplied cash transactions.
• Analyze broker and insured accounts.
• Issue notices of cancellation and rescission.
• Respond to requests from brokers, underwriters and management.
• Issue various receivable reports.
• Ensure compliance with corporate policies.
• Perform special projects as required.
• Provide back-up support as needed.
• Participate in receivable related meetings.

Skills

Excel

Workday

Analytical skills

Team player

Detail-oriented

Problem solving

Education

Bachelor's degree in Finance/Accounting/Business Admin

Tools

Workday

Job description

Join Starr, a global leader in commercial insurance with over a century of expertise. We empower our employees to innovate, make impactful decisions, and build lasting client relationships worldwide. At Starr, you'll work in an entrepreneurial culture alongside accessible leaders, leveraging our financial strength and vast industry experience to deliver solutions for our clients, no matter how complex. Grow your career with a rapidly growing company that invests in its people and their ability to drive real progress.

Position Overview:

The Collections Specialist II is responsible for monitoring outstanding premium receivable balances. This role will communicate with brokers and underwriters to ensure premium is paid timely. The Collections Specialist II will report on their outstanding receivables and follow company procedures in pursuing past due balances.

Key Responsibilities:

• Monitor and pursue outstanding accounts receivable
• Document unapplied cash transactions
• Analyze broker / insured accounts
• Issue Notice of Cancellation and Notice of Rescission
• Respond to various requests from brokers, underwriters and management
• Issue various receivable reports
• Ensure compliance with corporate policies
• Perform special projects as required
• Provide back-up support as needed
• Participate in Receivable related meetings
• Participate and support any system testing and or process enhancements

Requirements:

• 3 - 5 years of experience
• Bachelor's degree in Finance, Accounting, Business Administration, or a related field
• Proficient in Excel
• Experience with Workday is preferred
• Team Player
• Strong Analytical Skills
• Must be able to work with minimal supervision
• Must be proactive in resolving problems
• Strong attention to detail and accuracy

Starr is an equal opportunity employer, which means we'll consider all suitably qualified applicants regardless of gender identity or expression, ethnic origin, nationality, religion or beliefs, age, sexual orientation, disability status or any other protected characteristic. We recruit and develop our people based on merit and we're committed to creating an inclusive environment for all employees. We offer first class training and development opportunities to all employees. Our aim is to grow our own talent and bring out the best in people.