Collections Associate

2 days ago Be among the first 25 applicants

At HUB International, we are a team of entrepreneurs. We believe in empowering our clients, and we do so by protecting businesses and individuals in our local communities. We help businesses evaluate their risks and develop solutions tailored to their needs. We believe in empowering our employees. As a global firm, we offer employees resources in both technology and industry expertise, but we still maintain the local flavor of our offices. Our structure enables our teams to maintain their own unique, regional culture while leveraging support and resources from our corporate centers of excellence.

HUB is the 5th largest global insurance and employee benefits broker, providing a boundaryless array of property, casualty, risk management, life and health, employee benefits, investment and wealth management products and services. With over 17,000 employees in more than 650 offices throughout North America, HUB has grown substantially, in part due to our industry leading success in mergers and acquisitions.

About Specialty Program Group:

Specialty Program Group offers access to capital and investment, deep carrier relationships, creative thinking, product development and broad distribution, while allowing our businesses to maintain the essence of what makes them successful. Specialty Program Group delivers leading-edge specialty expertise backed by transformative digital capabilities and sophisticated data and analytics.

Job Summary:

The Collections Associate will handle daily tasks related to collections and discrepancy resolution of aging balances. They will be responsible for following departmental procedures to effectively recover aging balances. The Collections Associate position reports to the Collections Supervisor.

Essential Duties and Responsibilities

• Process and distribute monthly statements to brokers and clients, with follow-up on outstanding balances according to established departmental procedures and deadlines.
• Manages outstanding invoice status and interfaces with Account Servicers on collection matters and dispute resolution.
• Timely completion of ImageRight tasks and processes.
• Provides FP&A necessary reporting to calculate aged-based write-offs.
• Provides ad hoc reporting and analysis.
• Identifies opportunities to enhance and improve systems & operations within the organization.
• Serves as backup for other members of collections team.
• Provides excellent and considerate customer service by maintaining positive effective internal and external customer relationships.
• Proactively coordinates with sales and senior management when necessary to accelerate the collection process.
• Maintains timely contact with staff, agency accounting departments, and collection agencies on receivable matters.
• Follows production, productivity quality, and customer-service standards.

Qualifications

Education and/or Experience

• High school diploma or GED equivalent required; associates degree preferred.
• Minimum 2 years of experience in accounting or related field.
• General understanding of Accounts Receivable reports.
• Strong written and verbal communication skills.
• Effectively respond to questions from managers, clients and customers.
• Ability to solve practical problems and deal with limited standardization.
• Recreate accurate timeline of events with cash reconciliation backup.
• Proficient knowledge of Microsoft Office, with an emphasis in Excel.

Other Skills and Abilities

• Ability to review and investigate errors and inconsistencies between accounts receivable reports.
• Ability to multi-task, prioritize, and work independently.
• Able to work with minimum supervision while understanding the necessity for communicating and coordinating work efforts with other employees.
• Anticipate work needs and follow through with minimal direction.
• Proper grammar and proofreading skills.
• Analytical problem-solving.
• Ability to work well under pressure and within short deadlines.
• Willingness to learn and adopt new strategies.

JOIN OUR TEAM

Do you believe in the power of innovation, collaboration, and transformation? Do you thrive in a supportive and client focused work environment? Are you looking for an opportunity to help build and drive change in a rapidly growing and evolving organization? When you join HUB, you will be part of a community of learners and doers focused on helping our leaders maximize the potential of their employees.

Seniority level

• Seniority level

  Associate

Employment type

• Employment type

  Full-time

Job function

• Job function

  Accounting/Auditing

• Industries

  Insurance

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