AR Analyst
Insight Global
Insight Global is looking for an Account Receivable Analyst in the Charlotte, NC area. This group is currently having issues with their accounts receivable process. This group specifically receives $300-400 million a year in claims and not all the money goes to the correct area that it is supposed to. This person is going to come in to help with finding out where balances went and following up with brokers, underwriters and other internal Sompo employees and broker partners to update information in their systems. This role will be hybrid and will be working 3 days in the office and 2 days working remote. This person will also be responsible for:
Following up on open portfolio of aged receivables with producers, agents or underwriters to secure payment or relevant backup for recent payments.
Assisting in data entry into a collateral tracking system of endorsement transactions or other as required.
Clearance of collateral receipts from collateral tracking system.
Monthly reporting of cleared and open transactions.
Responsibilities will also include:
Review newly reported claims for potential exposure and route these claims according to triage/routing rules, including follow-up investigation for needed information, while maintaining an inventory of low severity primary and excess liability claim files and moderate complexity coverage files.
Provide coverage and analytical analysis of potential exposures, including liability and damages analysis, and establish appropriate reserves.
Communicate appropriate responses to management and underwriters on new losses. Support underwriters and actuaries.
Manage counsel where assigned; develop and execute strategy to control expenses and resolve litigated claims. Effectively represent the companys interests in meetings and negotiations.
Proactively manage correspondence, claim files, and maintain a current diary in compliance with company standards.
Maintain a high level of claim and industry related expertise in order to assure technical competency and communicate to team members regarding significant issues and relevant changes.
We are a company committed to creating inclusive environments where people can bring their full, authentic selves to work every day. We are an equal opportunity employer that believes everyone matters. Qualified candidates will receive consideration for employment opportunities without regard to race, religion, sex, age, marital status, national origin, sexual orientation, citizenship status, disability, or any other status or characteristic protected by applicable laws, regulations, and ordinances. If you need assistance and/or a reasonable accommodation due to a disability during the application or recruiting process, please send a request to Human Resources Request Form. The EEOC "Know Your Rights" Poster is available here.
To learn more about how we collect, keep, and process your private information, please review Insight Global's Workforce Privacy Policy: https://insightglobal.com/workforce-privacy-policy/ .
Following up on open portfolio of aged receivables with producers, agents or underwriters to secure payment or relevant backup for recent payments.
Assisting in data entry into a collateral tracking system of endorsement transactions or other as required.
Clearance of collateral receipts from collateral tracking system.
Monthly reporting of cleared and open transactions.
Responsibilities will also include:
Review newly reported claims for potential exposure and route these claims according to triage/routing rules, including follow-up investigation for needed information, while maintaining an inventory of low severity primary and excess liability claim files and moderate complexity coverage files.
Provide coverage and analytical analysis of potential exposures, including liability and damages analysis, and establish appropriate reserves.
Communicate appropriate responses to management and underwriters on new losses. Support underwriters and actuaries.
Manage counsel where assigned; develop and execute strategy to control expenses and resolve litigated claims. Effectively represent the companys interests in meetings and negotiations.
Proactively manage correspondence, claim files, and maintain a current diary in compliance with company standards.
Maintain a high level of claim and industry related expertise in order to assure technical competency and communicate to team members regarding significant issues and relevant changes.
We are a company committed to creating inclusive environments where people can bring their full, authentic selves to work every day. We are an equal opportunity employer that believes everyone matters. Qualified candidates will receive consideration for employment opportunities without regard to race, religion, sex, age, marital status, national origin, sexual orientation, citizenship status, disability, or any other status or characteristic protected by applicable laws, regulations, and ordinances. If you need assistance and/or a reasonable accommodation due to a disability during the application or recruiting process, please send a request to Human Resources Request Form. The EEOC "Know Your Rights" Poster is available here.
To learn more about how we collect, keep, and process your private information, please review Insight Global's Workforce Privacy Policy: https://insightglobal.com/workforce-privacy-policy/ .
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