WebBank
Overview
Accounts Receivable Specialist role at
WebBank . WebBank is headquartered in Salt Lake City, Utah, and is an FDIC-insured, Utah state-chartered bank. WebBank is a leading national provider of online consumer and small business loans made in partnership with finance companies, OEMs, retailers, and financial technology companies. The team at WebBank supports the lending platforms across the nation’s tech hubs, driving innovation and financial inclusion. In this position, you will be a key team member to our business, leveraging your experience to develop positive working relationships with leading FinTech companies to execute the Bank’s strategic initiatives. National Partners is a wholly owned subsidiary of WebBank, acquired in April 2019. National Partners provides commercial premium finance loans to businesses nationwide and is one of the fastest-growing premium finance companies in the US. You Will
Primary Responsibilities (Job Duties)
Downloading, preparing, analyzing, distributing, and/or filing various daily/monthly reports. Applies unearned premium, unearned commission, and endorsement credits from underwriters and carriers. Communicate with underwriters and carriers if a return premium remains past due beyond the agreed-upon timeframe. Conduct "due from insured" research to identify outstanding balances and support collection efforts. Perform write-offs as needed, ensuring proper documentation and adherence to company procedures. Send written-off accounts to the collections company, including all required documentation and supporting information for processing. Answer inbound calls from insurance agents, insurance companies, and insureds. Update insureds’ banking information securely and accurately upon request, following compliance protocols. Follow up with insureds to collect late charges and ensure timely payments are applied correctly. Assist insureds with login issues, including password resets and troubleshooting account access. Maintain and update customer accounts by processing payments, reissuing notices, managing correspondence, providing payoff balance information, assisting with phone and online payments, and making outbound courtesy calls or reminder emails as needed. Regularly compiles and analyzes data pertaining to anticipated losses and informs management. Recognizes negative trends and potential risks and escalates as required. Assist in other daily operations or projects as needed. Company Perks
Paid Time Off (PTO) - Generous paid time off plus paid parental leave Health insurance - Plans include an employer-paid medical option, dental and vision coverage, plus we offer health savings accounts 401(k) - WebBank matches up to the first 6 percent of employee contributions, and both the employee’s contributions and WebBank’s match are fully vested immediately Life and Disability Insurance - Life insurance and long and short-term disability insurance plans are 100% employer-paid Tuition Reimbursement - WebBank provides reimbursement for classes needed to obtain certain degrees, up to $5,250 per academic year Seniority level
Entry level Employment type
Full-time Job function
Accounting/Auditing and Finance Industries Banking
#J-18808-Ljbffr
Accounts Receivable Specialist role at
WebBank . WebBank is headquartered in Salt Lake City, Utah, and is an FDIC-insured, Utah state-chartered bank. WebBank is a leading national provider of online consumer and small business loans made in partnership with finance companies, OEMs, retailers, and financial technology companies. The team at WebBank supports the lending platforms across the nation’s tech hubs, driving innovation and financial inclusion. In this position, you will be a key team member to our business, leveraging your experience to develop positive working relationships with leading FinTech companies to execute the Bank’s strategic initiatives. National Partners is a wholly owned subsidiary of WebBank, acquired in April 2019. National Partners provides commercial premium finance loans to businesses nationwide and is one of the fastest-growing premium finance companies in the US. You Will
Primary Responsibilities (Job Duties)
Downloading, preparing, analyzing, distributing, and/or filing various daily/monthly reports. Applies unearned premium, unearned commission, and endorsement credits from underwriters and carriers. Communicate with underwriters and carriers if a return premium remains past due beyond the agreed-upon timeframe. Conduct "due from insured" research to identify outstanding balances and support collection efforts. Perform write-offs as needed, ensuring proper documentation and adherence to company procedures. Send written-off accounts to the collections company, including all required documentation and supporting information for processing. Answer inbound calls from insurance agents, insurance companies, and insureds. Update insureds’ banking information securely and accurately upon request, following compliance protocols. Follow up with insureds to collect late charges and ensure timely payments are applied correctly. Assist insureds with login issues, including password resets and troubleshooting account access. Maintain and update customer accounts by processing payments, reissuing notices, managing correspondence, providing payoff balance information, assisting with phone and online payments, and making outbound courtesy calls or reminder emails as needed. Regularly compiles and analyzes data pertaining to anticipated losses and informs management. Recognizes negative trends and potential risks and escalates as required. Assist in other daily operations or projects as needed. Company Perks
Paid Time Off (PTO) - Generous paid time off plus paid parental leave Health insurance - Plans include an employer-paid medical option, dental and vision coverage, plus we offer health savings accounts 401(k) - WebBank matches up to the first 6 percent of employee contributions, and both the employee’s contributions and WebBank’s match are fully vested immediately Life and Disability Insurance - Life insurance and long and short-term disability insurance plans are 100% employer-paid Tuition Reimbursement - WebBank provides reimbursement for classes needed to obtain certain degrees, up to $5,250 per academic year Seniority level
Entry level Employment type
Full-time Job function
Accounting/Auditing and Finance Industries Banking
#J-18808-Ljbffr