Overview
A global leader in commercial and personal insurance solutions is seeking a Jr. Accountant - Collections Analyst to support the collections process for the Latin America Facultative Desk. This role involves processing payment transactions, managing aging reports, and maintaining communication with brokers and clients. It offers an opportunity to develop financial operations skills within the insurance industry.
Responsibilities
- Analyze and accurately identify all payment transactions received in the bank for the Latin America Facultative Desk.
- Allocate cash receipts appropriately and generate corresponding journal entries to ensure accurate financial records.
- Review aging reports regularly, update payment statuses, and follow up on overdue accounts to facilitate timely collections.
- Communicate with brokers via email to coordinate collections efforts and resolve payment discrepancies.
- Issue cancellation notices for accounts that are past due, following company policies.
- Maintain organized digital records of cash receipts and related documentation within the Collections department.
- Support internal and external audits by providing necessary documentation and ensuring compliance with financial standards.
- Assist team members in resolving collections-related matters.
- Address and resolve payment issues presented by producers, insured clients, and internal stakeholders.
Requirements
- Preferred Bachelor's degree in Accounting, Finance, or related field; an Associate Degree with two years of relevant experience may also be considered.
- Previous experience in accounting or collections within the insurance industry is advantageous.
- Fluent in both English and Spanish, with strong verbal and written communication skills.
- Proficient in Microsoft Office Suite, particularly Excel and Word.
- Excellent organizational skills with attention to detail.
- Strong analytical and problem-solving abilities.
- Ability to work effectively within a team and collaborate across departments.
- Knowledge of accounting principles and financial processes.
Preferred Skills and Experience
- Accounts Receivable
- Financial Analysis
- Collections
- Accounting
- Financial Reporting
- Cash Management
Compensation & Benefits
The employer offers a comprehensive Total Rewards Program including competitive health insurance plans, retirement savings options, paid time off, and professional development opportunities. Additional benefits include wellness programs, employee assistance programs, and a supportive work environment that values diversity and inclusion.
Equal Opportunity
The organization is an equal opportunity employer committed to fostering an inclusive environment. It does not discriminate based on race, color, religion, age, gender, gender expression, national origin, veteran status, disability, or any other legally protected characteristic. Reasonable accommodations are provided to qualified individuals with disabilities.
Location
This position supports the Latin America Facultative Desk; specific location details are not provided.