Accounting Associate
USA
Job description
We are currently looking for an Accounting Associate based in O’Fallon. This is a hybrid role.
Your Team
Allianz Commercial (AzC) employs the brightest, most passionate people in the insurance industry. We’d love for you to join our growing team! We invest in our people through training and professional development while supporting you along the way—all so you can meet your career goals. To us, the most important measure of our success is yours.
The Impact You Will Have
As an Accounting Associate, this person will be responsible for the ongoing analysis, collection, and resolution of open premium and deductible receivable balances. Activities include, but are not limited to, early and late stage collection activities, cancellation processes, submission to outside collection agency, discrepancy resolution, write-off recommendations, escheatment processes, relationship building, recommendation of write-offs, and adherence to local and global policies.
Some of your specific responsibilities could include:
Perform the collection activities for open receivables balances, which include both written and verbal communications and working with internal and external customers in order to resolve the open balances
Accurate and timely analysis of open receivables balances, oversight of discrepancy process, and discrepancy resolution when process is complex and / or involved external customers
Assist with various collection activities, projects, and processes as assigned.
Work with third party collections agencies, law firms, and other external customers as needed in order to resolve open receivables and late stage balances.
Analyze open balances and recommend write-offs where appropriate and process write-offs in accordance with local and global write-off policies
Set the market standard of excellence in all touch points with both internal and external customers.
What You’ll Bring to the Role:
2-4 years Billing and Collections, Insurance Operations or Accounts Receivables experience
Experience in dealing with Outside Collection Agencies; including law firms
High School Diploma required
Associate degree in Business, Accounting or Finance, preferred
Experience in applying artificial intelligence (AI) and machine learning (ML) to improve business processes and decision-making is preferred
The annualized base pay range for this role is $41,400 - $62,590. The annual base salary range represents nationwide market range. The actual salary for this position may be above and will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate. The base pay is just one component of the AzC total compensation package. As part of our comprehensive compensation and highly rated benefits programs, employees are also eligible for annual performance-based cash incentive awards.
77751 | Finance & Accounting | Professional | Non-Executive | Allianz Commercial | Full-Time | Permanent