Senior Collections Analyst at Eclaro
Jersey City, NJ
About the Job
Senior Collections Analyst
Job Number: 24-02225
Job Number: 24-02225
Ready for a rewarding opportunity in the Financial Services Industry? ECLARO is looking for a Senior Collections Analyst for our client Jersey City, NJ.
ECLARO's client is a market-leading insurance company, providing property, casualty, and specialty insurance services within the United States. If you’re up to the challenge, then take a chance at this rewarding opportunity!
Position Overview:
ECLARO's client is a market-leading insurance company, providing property, casualty, and specialty insurance services within the United States. If you’re up to the challenge, then take a chance at this rewarding opportunity!
Position Overview:
- Will be responsible for analyzing policy premium balances and the timely collection of outstanding premiums within the Alternative Market Finance Team. In this position, will be assigned a group of captive accounts to manage.
- This role will have interactions with Program Administrators, Brokers, Insureds, Underwriters and other members of the finance team.
Responsibilities:
- Communicating outstanding premium balances to brokers
- Issuing cancellation notices for non-payment of premium
- Reconciliation of outstanding balances
- Troubleshoot discrepancies involving premium, commission and payment differences
- Requesting disbursements for return premium balances
- Unapplied cash resolution
- Direct Collection of outstanding final audit balances to insureds
- Maintain proper account of collection efforts
- Work to clarify the resulting final audit and remove any doubt the insured may have disputing the amount owed
- Provide Collection Agency Support preparing and submitting account documentation necessary for direct collection
- Provide Legal Support by compiling account documentation necessary for litigation
- Special projects and system user acceptance testing as needed
Required Skills:
- Strong reconciliation, analytical and business problem solving skills
- Strong interpersonal and organizational skills
- Excellent written and verbal communication skills
- Ability to work well independently and as part of a team
- Ability to work on several tasks simultaneously
- Attention to detail
- Understanding of Captives and/or Reinsurance business are a plus
Qualifications:
- Bachelor's degree - preferably in Accounting or Finance
- 4 - 6 years Insurance experience preferably finance, collections or premium audit collections
- Advanced knowledge of Microsoft Office products
- Experience with Cognos, Power BI, Great Plains, or Alteryx are a plus
Pay Rate: $35.00 - $40.00/hr.
If hired, you will enjoy the following ECLARO Benefits:
- 401k Retirement Savings Plan administered by Merrill Lynch
- Commuter Check Pretax Commuter Benefits
- Eligibility to purchase Medical, Dental & Vision Insurance through ECLARO
If interested, you may contact:
Ivy Española
201-942-3003
ivy.espanola@eclaro.com
https://www.linkedin.com/in/ivyespanola/
Equal Opportunity Employer: ECLARO values diversity and does not discriminate based on Race, Color, Religion, Sex, Sexual Orientation, Gender Identity, National Origin, Age, Genetic Information, Disability, Protected Veteran Status, or any other legally protected group status.
