Accounts Receivable Analyst

Job Description

REQUIREMENTS

• Bachelor’s degree in Accounting, Finance, or related field (or equivalent experience).
• 2+ years in accounts receivable, insurance billing, or similar role preferred.
• Thorough knowledge of AR processes, reconciliation, and regulatory reporting (insurance industry experience a plus).
• Proficiency with accounting systems, Excel, and document management tools.
• Strong written and verbal communication skills.
• Excellent organizational skills and attention to detail.

Skills

• Data analysis and reconciliation
• Problem-solving mindset
• Ability to manage multiple priorities in fast-paced environment
• High degree of integrity and confidentiality
• Customer service orientation

RESPONSIBILITIES

• Apply Premium Payments: Accurately process and apply payments, reaching out for backup worksheets, correcting backup documentation, and sending variance correspondence.
• Return Premium Disbursements: Handle all disbursement transactions for returned premiums, ensuring compliance and proper documentation.
• Variance Reporting & Reconciliation: Prepare and analyze variance reports to reconcile incorrectly applied premiums; send variance communications for short or overpayments to TPAs; maintain detailed journal notes of all corrections.
• Premium Adjustments: Process premium backouts and reapplications due to Policy Administration system changes.
• Vendor & ACH Setup: Initiate and process ACH setups for new vendors and accounts, ensuring correct procedures and authorizations.
• Email Management & Communication: Assist and respond to queries from the Skyward team and TPAs; manage a high volume of daily working emails; maintain an organized premium payment email folder.
• Audit Support: Collect and prepare backup documentation for internal and external audits; assist in auditor requests and compliance checks.
• Regulatory Reports: Generate and distribute annual 5500 – Schedule A reports as required.
• Folder & Document Management: Create and manage daily/monthly cash reconciliation folders, including organizing backup worksheets from TPAs for audit purposes.
• Process Improvement: Identify and suggest process optimizations for greater efficiency and accuracy in AR functions.

Additional Responsibilities

• Support month-end and year-end closing activities.
• Maintain comprehensive AR records in accordance with company policy and insurance regulations.
• Collaborate cross-functionally with Finance, Underwriting, Claims, and IT teams to resolve billing issues.
• Track key AR metrics and report on status, trends, and outstanding items.
• Provide training support to team members as needed.
• Assist with special projects and ad hoc assignments as delegated.

Are you interested in this position?

Apply by clicking on the “Apply Now” button below!

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