Reinsurance Collection Analyst
About The Position
Description Diary billings for receipt by reinsurers on a timely basis Organize and prioritize collection balances by age and size Monitor and manage query mailbox and distribute incoming workflow appropriately Follow ups on collection of balances on regular basis Resolve issued as presented by reinsurers/brokers Report collections accurately to senior management on a regular basis Elevate claims as needed for management intervention Proactively identify issues and recommend effective solutions Develop strategies for collections at both a market level as well as a claim level Assist with the monthly close process Work with accounting to ensure accurate and timely cash application Attend monthly broker/ market, senior management, and team collections meeting to discuss open balances and strategies Qualifications Excellent written and verbal communication skills Excellent Excel skills Proficient in all Microsoft applications (Word, Access, PowerPoint, etc.) Demonstrate ability to collaborate with other units within the department, the company, and reinsurance partners.
Requirements
- Excellent written and verbal communication skills
- Excellent Excel skills
- Proficient in all Microsoft applications (Word, Access, PowerPoint, etc.)
- Demonstrate ability to collaborate with other units within the department, the company, and reinsurance partners.
Responsibilities
- Diary billings for receipt by reinsurers on a timely basis
- Organize and prioritize collection balances by age and size
- Monitor and manage query mailbox and distribute incoming workflow appropriately
- Follow ups on collection of balances on regular basis
- Resolve issued as presented by reinsurers/brokers
- Report collections accurately to senior management on a regular basis
- Elevate claims as needed for management intervention
- Proactively identify issues and recommend effective solutions
- Develop strategies for collections at both a market level as well as a claim level
- Assist with the monthly close process
- Work with accounting to ensure accurate and timely cash application
- Attend monthly broker/ market, senior management, and team collections meeting to discuss open balances and strategies
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What This Job Offers
Job Type
Full-time
Education Level
No Education Listed
