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Collections Analyst
Burns Wilcox Farmington, MI
$43k-54k (estimate)
Full Time | Insurance 1 Week Ago
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Burns Wilcox is Hiring a Collections Analyst Near Farmington, MI

Responsibilities

  • Reconcile and resolve accounts receivable discrepancies with agents/brokers
  • Answer incoming calls with professionalism and provide knowledgeable answers to branch personnel, insurance agents/carriers, and HQ accounting departments
  • Call agents to discuss open receivables on account and send follow-up emails
  • Participate in one-on-one biweekly discussions to address harder to resolve issues and communicate open balances
  • Communicate all aged receivable with managing directors and branch counter parts
  • Act as a central point of contact for accounts receivable for multiple offices(Midwest region)
  • Analyze reports for patterns and trends that indicate problems; identify root causes and relay concerns list to managing directors
  • Work with Field Production and Notice team to ensure notices are sent in a timely manner

Qualifications

  • Associate’s degree in Accounting, related field, and/or equivalent combination of education and work experience
  • 2 years of experience in collections (preferred)
  • Proven ability to meet deadlines in a fast-pace, high volume environment
  • Proficiency with Microsoft Office products, particularly Excel
  • Experience in a large organization with abilities to communicate and collaborate well with branch and headquarters management 
  • Excellent written and oral communications skills
  • Able to work independently as well as part of a team

Compensation Package:

  • Competitive base compensation
  • Flexible & hybrid work options
  • Health benefits & 401K with employer match
  • Employer paid continuing education courses and designations

About Our Company

The H.W. Kaufman Group is a global, forward-thinking specialty insurance organization that includes 15 companies with more than 2,000 professionals at 60 offices across the U.S., Canada and UK. With an ever-broadening group of companies in our portfolio, there is simply not a more unique professional experience in the specialty insurance business than joining one of the H.W. Kaufman Group organizations. 

Equal Opportunity Employer

The H.W. Kaufman Group of companies is an equal opportunity employer. All employment decisions are based on business needs, job requirements and individual qualifications, without regard to race, color, religion, gender, gender identity, age, national origin, disability, veteran status, marital status, sexual orientation, genetic information or any other status or condition protected by the laws or regulations in the locations where we operate.

Job Summary

JOB TYPE

Full Time

INDUSTRY

Insurance

SALARY

$43k-54k (estimate)

POST DATE

05/03/2024

EXPIRATION DATE

09/06/2024

WEBSITE

burnsandwilcox.com

HEADQUARTERS

HOUSTON, TX

SIZE

1,000 - 3,000

FOUNDED

1969

CEO

TONY CUGINI

REVENUE

$5M - $10M

INDUSTRY

Insurance

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About Burns Wilcox

Burns & Wilcox, H.W. Kaufman Group's flagship organization, is North Americas leading wholesale insurance broker and underwriting manager. Burns & Wilcox offers wide ranging and comprehensive solutions to serve retail insurance brokers and agents of all sizes, from the large houses to the more than 30,000 independent brokers and agents worldwide. Fueled by its freedom from Wall Street and private equity, Burns & Wilcox is a privately owned company whose standards of service, depth of market relationships and outstanding talent are unsurpassed in the specialty insurance sector. In addition to i ... ts more than 60 offices across the U.S. and Canada, Burns & Wilcox provides clients with a range of highly-skilled services through its Centers of Excellence. The centers offer in-house industry leadership across an array of insurance verticals: Environmental Recreation Marine High Net Worth Professional Transportation Excess Casualty The company also includes Burns & Wilcox Brokerage, a distinct business unit exclusively focused on wholesale brokerage. The team of brokerage experts delivers comprehensive solutions founded in quality outcomes, precision, agility and knowledge-based results. There are inherent risks with every business, in every city, throughout the world. But there is no other wholesale broker or underwriting manager that can match the drive and passion of Burns & Wilcox in delivering the most highly specialized global insurance solutions. Annually, Burns & Wilcox captures more than $1 billion in premium by placing the worlds most sophisticated and complex risks. Clients and partners continue to trust in the Burns & Wilcox commitment to the wholesale business. They seek the companys global expertise and rely on the teams counsel and unmatched vertical depth. Sponsor of 2016 PGA Champion, Jimmy Walker, 2012 U.S. Open Winner, Webb Simpson. Proud partner of the Detroit Red Wings. More
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Burns Wilcox
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$59k-78k (estimate)
1 Week Ago
Burns Wilcox
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The job skills required for Collections Analyst include Accounts Receivable, Accounting, Microsoft Office, Oral Communication, etc. Having related job skills and expertise will give you an advantage when applying to be a Collections Analyst. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Collections Analyst. Select any job title you are interested in and start to search job requirements.

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The following is the career advancement route for Collections Analyst positions, which can be used as a reference in future career path planning. As a Collections Analyst, it can be promoted into senior positions as a Collections Supervisor that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Collections Analyst. You can explore the career advancement for a Collections Analyst below and select your interested title to get hiring information.

If you are interested in becoming a Collections Analyst, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Collections Analyst for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

Quotes from people on Collections Analyst job description and responsibilities

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Work remittance advice from Medicaid and Medicare ensuring accuracy of payments, correcting account billing according with Medicaid or Medicare disposition.

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Maintain active communication with supervisor and co-workers to develop a cohesive and supportive unit.

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Provide accurate information, supporting documentation, and effective communication to complete recovery process.

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Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Collections Analyst jobs

Interpret all complex terms for collection process and affiliate agreement terms and maintain relationships with all internal and external customers.

02/25/2022: Syracuse, NY

Assist manager to provide resolution for all collection and manage large amount of data for invoices and maintain knowledge on all variances to ensure prevention in reoccurrence.

04/01/2022: Utica, NY

Analyze collection processes to recommend improvements.

02/23/2022: Los Angeles, CA

Contact customers to collect payments on delinquent accounts.

04/09/2022: Mobile, AL

Confer with credit association and other business representatives to exchange credit information.

04/09/2022: Baton Rouge, LA

Step 3: View the best colleges and universities for Collections Analyst.

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