What are the responsibilities and job description for the Collections Associate position at 50158 Specialty Program Group, LLC?
About Specialty Program Group: Our goal is to partner with industry-leading specialty businesses to provide them with the ability to achieve their goals and optimize their businesses. 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. Work Location: This role is Hybrid and working out of our Brentwood, TN office. #SPG Department Accounting & Finance Required Experience: 2-5 years of relevant experience Required Travel: No Travel Required Required Education: High school or equivalent HUB International Limited is an equal opportunity employer that does not discriminate on the basis of race/ethnicity, national origin, religion, age, color, sex, sexual orientation, gender identity, disability or veteran's status, or any other characteristic protected by local, state or federal laws, rules or regulations. E-Verify Program We endeavor to make this website accessible to any and all users. If you would like to contact us regarding the accessibility of our website or need assistance completing the application process, please contact the recruiting team HUBRecruiting@hubinternational.com. This contact information is for accommodation requests only; do not use this contact information to inquire about the status of applications. Hi, we’re HUB. In a rapidly changing world, we advise businesses and individuals on how to prepare for the unexpected. When you partner with us, you're at the center of a vast network of experts who will help you reach your goals through risk services, claims management, and compliance support. And this gives you the peace of mind that what matters most to you will be protected — through unrelenting advocacy and tailored insurance solutions that put you in control. About HUB International Headquartered in Chicago, Illinois, HUB International Limited (HUB) is a leading full-service global insurance broker providing property and casualty, life and health, employee benefits, investment and risk management products and services. From offices located throughout North America, HUB’s vast network of specialists provides peace of mind on what matters most by protecting clients through unrelenting advocacy and tailored insurance solutions. For more information, please visit hubinternational.com.
