Accounting Associate

Allianz Insurance • O’Fallon, MO

28d • $41,400 - $62,590 • Hybrid

About The Position

We are looking for an Accounting Associate, who will be based in O’Fallon office. This will be a hybrid role.
Your Team
Our team is committed to 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
The Accounting Associate 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.

Requirements

• 2-4 yrs Billing and Collections, Insurance Operations or Accounts Receivables experience
• Experience in dealing with Outside Collection Agencies; including law firms
• Computer literacy required; Strong knowledge of MS Office (Excel, Word, PowerPoint)
• Strong mathematical and analytical skills
• High School Diploma

Nice To Haves

• Experience in Insurance, preferred
• 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

Responsibilities

• 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 This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: High school or GED
• Number of Employees: 5,001-10,000 employees