Accounts Receivable - Team Lead

Company Details

 

Intrepid Direct Insurance (IDI) is a rapidly growing direct to consumer property and casualty insurance company. A member of the W. R. Berkley Corporation, a fortune 500 company, rated A+ (Superior) by A.M. Best, Intrepid Direct’s vision is to make life better for business. The insurance industry has not evolved with innovation like other major industries. We’re here to change that. We are making life better for our customers, shareholders, and our team members by leveraging data and technology as insurance experts for our targeted customers. You will be part of a highly collaborative team of talented and focused professionals. Join a group that enjoys working together, trusts each other, and takes pride in our hard-earned success.

 

https://intrepiddirect.com/

 

The Company is an equal employment opportunity employer.

Responsibilities

The Accounts Receivable Team Lead is responsible for overseeing the day-to-day operations of the Accounts Receivable Department. This includes ensuring the timely application of cash receipts for Direct Bill and Agency Bill, as well as maintaining accurate monthly reporting. The role also ensures billing statement accuracy and that premium collection activities, including NOICs and Rescind Notices, are performed in a timely manner.

 

In addition, the Accounts Receivable Team Lead is responsible for E&S tax compliance obligations and monitoring IDI credit risk. The position oversees the posting of deductible reserves and payments within the Guidewire Claims System and confirms both the accuracy of billing statements and the timely collection of deductible recoveries.

 

 

Key functions include but are not limited to:

• Process payments for insureds
• Respond to insureds emails and phone calls, researching issues and responding in a timely manner
• Working up and tracking claim deductible invoices and payments
• Follow up on rejected payments and NSF’s
• Identify process improvements, recommend and implement changes to improve systems, workflow processes and individual performance.
• Invoicing external policies and submitting invoices for payment
• Maintains and updates customer files, including name or address changes as needed
• Identify and submit collections to third party collection agency
• Analyzing and Reporting on Accounts Receivable Aging
• Reviewing, filing and paying IDI’s E&S tax related obligations
• Monitoring and reporting of IDI credit risk.
• Special projects as assigned by Management or supervisor

Qualifications

• Degree in Accounting or Finance required
• 3-5 years of job-related experience in receivables & general ledger accounting
• Excellent organizational skills (written and oral)
• Demonstrated ability to be proactive, complete assignments and meet deadlines (written and oral)
• Ability to effectively communicate with all levels of management, staff, and customers
• Working knowledge of Microsoft Excel and Word
• Insurance industry knowledge is a Plus
• Excellent analytical skills, able to research and resolve issues quickly and independently
• Ability to effectively work in a fast-pace environment with competing demands on resources, time and priorities

Additional Company Details

We do not accept unsolicited resumes from third party recruiting agencies or firms. The actual salary for this position 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; and other conditions of employment.

Sponsorship Details

Sponsorship not Offered for this Role

Responsibilities

The Accounts Receivable Team Lead is responsible for overseeing the day-to-day operations of the Accounts Receivable Department. This includes ensuring the timely application of cash receipts for Direct Bill and Agency Bill, as well as maintaining accurate monthly reporting. The role also ensures billing statement accuracy and that premium collection activities, including NOICs and Rescind Notices, are performed in a timely manner.
 
In addition, the Accounts Receivable Team Lead is responsible for E&S tax compliance obligations and monitoring IDI credit risk. The position oversees the posting of deductible reserves and payments within the Guidewire Claims System and confirms both the accuracy of billing statements and the timely collection of deductible recoveries.
 
 
Key functions include but are not limited to:
- Process payments for insureds
- Respond to insureds emails and phone calls, researching issues and responding in a timely manner
- Working up and tracking claim deductible invoices and payments
- Follow up on rejected payments and NSF’s
- Identify process improvements, recommend and implement changes to improve systems, workflow processes and individual performance.
- Invoicing external policies and submitting invoices for payment
- Maintains and updates customer files, including name or address changes as needed
- Identify and submit collections to third party collection agency
- Analyzing and Reporting on Accounts Receivable Aging
- Reviewing, filing and paying IDI’s E&S tax related obligations
- Monitoring and reporting of IDI credit risk.
- Special projects as assigned by Management or supervisor