Accounts Receivable Associate

Tokio Marine HCC•Wakefield, MA

3d•$31 - $39•Hybrid

About The Position

Help us insure it Tokio Marine HCC is a global industry-leading specialty insurance group, backed by the strength and stability of the Tokio Marine Group. Offering over 100 classes of specialty insurance, we empower clients to pursue opportunities confidently through our “Mind Over Risk” philosophy. More than an insurance company, we are an organization built on innovation, unity, and trust. At our core, we are Always Advancing, driven by innovation and an entrepreneurial spirit that keeps us moving forward. Our people are Experts in Tomorrow, using curiosity and smart working to anticipate what’s next. With a culture rooted in Reaching Out, we foster genuine collaboration and support, ensuring every individual has the opportunity to succeed and make a difference. Role overview Within the first 30 days, you will gain an understanding of the department procedures, systems (AS400, PeopleSoft), and corporate policies, and how the Accounting department operates within the TMHCC Specialty structure through training and interactions with the accounting team and become familiar with our brokers and employees from other Tokio Marine subsidiaries. Within the first 60 days, you will be: Maintaining an up-to-date accounts receivable system with primary focus on cash application. Applying daily cash receipts in the accounting system. Tracking down support for unidentified cash receipts. Following up on short paid or overpaid items, deposit checks received, assist with processing refunds of overpayments, and return premiums. Process monthly statements for distribution to brokers. Within the first 90 days, you will be working independently, meeting deadlines, and demonstrating the ability to meet challenges related to job responsibilities. Overtime hours may be required to fulfill job responsibilities, especially at quarter and year ends.

Requirements

A bachelor’s degree in accounting, Finance, a related field, or the equivalent education and/or experience
Up to two years of relevant and progressive office/clerical experience
Office work experience is required
Excellent analytical and critical thinking skills
Incredible attention to detail and organizational skills
Proficiency in Office 365
Strong written and verbal communication skills

Responsibilities

Maintaining an up-to-date accounts receivable system with primary focus on cash application.
Applying daily cash receipts in the accounting system.
Tracking down support for unidentified cash receipts.
Following up on short paid or overpaid items, deposit checks received, assist with processing refunds of overpayments, and return premiums.
Process monthly statements for distribution to brokers.

Benefits

Competitive salary and comprehensive benefit package
Strong learning culture with ongoing development opportunities
Opportunities for growth and career advancement
Comprehensive medical, vision, and dental coverage, with eligibility beginning on your first day of employment
401(k) plan with 6% company match
20 days of PTO, two floating holidays, and volunteer time off
Paid parental leave
Access to our award-winning wellness program, including mental health services, fitness network membership, and a complimentary Headspace subscription
Student loan matching program
Employee discount program
An opportunity to do meaningful work and love what you do
Tokio Marine HCC offers a competitive salary and a generous employee benefits package including among other benefits, subsidized medical, prescription, dental, vision and basic life and disability insurance, 401(k) plan with Company matching contributions, paid parental leave, paid time off and/or paid sick leave, and educational/loan assistance.