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Senior Accounts Receivable Specialist
WEBBANK Denver, CO
$44k-54k (estimate)
Full Time | Banking 9 Months Ago
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WEBBANK is Hiring a Senior Accounts Receivable Specialist Near Denver, CO

Job Title

Senior Accounts Receivable Specialist

Location

Denver, CO (National Partners PFco LLC)

https://www.webbank.com/about-us/careers

Additional
For employees based in Colorado, the minimum salary range is between $45,000 - $50,000 bonus benefits

About National Partners

Dedicated to providing the highest standards in the premium finance industry, National Partners, a wholly owned subsidiary of WebBank, works with clients of all sizes through its commercial insurance agent and broker relationships. Responsive service, ease of use and creative solutions are its hallmarks. It also offers funding programs to third-party premium finance companies, often those affiliated with agents, brokers, and MGAs, so that these smaller premium finance companies can access capital to grow and expand.

Job Summary

Responsible for collections of outstanding accounts receivable dollars from the existing client base and all other aspects of collections, resolving customer billing problems and reducing accounts receivable delinquency. Analyze and manage risk/fraud issues by identifying, measuring, and reporting to management when potential risk/fraud flags are discovered.

Primary Responsibilities (Job Duties)

You Will:

  • Monitors accounts in assigned territory for delinquency
  • Makes courtesy calls or sends reminder emails to past due customers
  • Frequently contacts insurance carriers to obtain policy cancellation and unearned premium information
  • Follows up with insurance carriers for timely receipt of unearned premium
  • Creates and disseminates invoices to insurance agencies to recoup unearned commissions and follows up as needed
  • Applies unearned premium, unearned commission, and endorsement credits from insurance agencies and carriers
  • Regularly compiles and analyzes data pertaining to anticipated losses and informs management
  • Performs write-offs monthly in our proprietary servicing system
  • Oversees final billing to customers and turns relevant accounts over to outside collections
  • Recognizes negative trends and potential risks and escalates as required
  • Performs several Risk and Compliance processes to identify and mitigate potential fraud

Qualifications

You Have:

  • Bachelor’s Degree in Finance or a business-related field, or equivalent knowledge gained through work experience in insurance or finance-related industry
  • Working knowledge of Microsoft Word, Excel, Outlook, and the Internet

Even Better:

  • Office365, SharePoint, OneDrive, Box, Skype Meeting
  • Strong oral and written communications skills to correspond with parties at various levels
  • Attention to detail and accuracy when relaying and recording information
  • Quick-thinking, with developed analytical and problem-solving skills
  • Planning and organizing to achieve timely follow-up and problem resolution
  • Ability to multi-task on a variety of projects while meeting deadlines and maintaining quality

Company Perks:

You Get:

  • Health Insurance (100% Employer paid option)
  • Life Insurance (100% Employer paid)
  • Dental Insurance
  • Short/Long Term Disability Insurance (Employer paid)
  • PTO
  • 401k Retirement plan
  • Annual Holidays
  • Cell Phone Reimbursement
  • Flexible work
  • Tuition Reimbursement

Job Summary

JOB TYPE

Full Time

INDUSTRY

Banking

SALARY

$44k-54k (estimate)

POST DATE

07/27/2023

EXPIRATION DATE

07/27/2023

WEBSITE

webbank.com

HEADQUARTERS

SALT LAKE CITY, UT

SIZE

100 - 200

FOUNDED

1997

TYPE

Private

CEO

JASON LLOYD

REVENUE

$10M - $50M

INDUSTRY

Banking

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About WEBBANK

WebBank is a banking company that provides financial products and services for individuals and businesses.

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