Temporary contract for 6 months approx.
Primary purpose: Manage all credit control and reconciliation functions on allocated accounts, including cash collections within credit terms, minimizing bad debt and query resolution, while ensuring compliance and audit requirements are met. To secure payments on an assigned group of accounts by means of telephone, correspondence, or personal contact.
Job Summary Review accounts on a daily basis to clear cash and production entries within guidelines. Manage Cash Application & Bordereaux Processing. Cash Matching & Allocation to the Policies with Cognizant team. Investigate and resolve unallocated & unmatched cash with Profit Centers & CSU. Investigate and resolve premium differences with client/broker/profit center. Identify and escalate brokers/clients who exceed payment terms. Assume ownership of individual goals and objectives & highlight variances to team leader. Create and distribute statements and dunning notifications. Identify cancellations or non-renewals. Manage relationships with Claims, Profit Centers & O&S. Ensure submission of Bordereaux to Profit Centers/O&S and Claims for processing. Distribution and resolution of dunning & cancellations statement. As required, produce ad-hoc reconciliations and summaries for senior management. Maintain client/broker/profit center relationships and ensure that regular meetings are arranged to resolve any outstanding issues. Reconcile customer accounts by contacting agents, brokers, reinsurers, attorneys, and insureds, as necessary. Reduce over-90-day balances. Run standardized reports. May assist department with unapplied or misapplied cash. Job Profile Experience in accounting departments, mainly in insurance companies or related industry. Knowledge of accounting (degree level or equivalent; an accounting qualification would be an advantage). Fluent in English. Advanced user of Microsoft Office (Word, Excel). Good time management skills - ability to handle multiple priorities, organize work and meet deadlines. Strong focus on attention to detail and the desire to deliver accuracy and quality. Strong administrative and personal organizational skills. Effective communication skills with all levels of the business, both internal and external. Strong team player. A Look at Our Benefits We're proud to offer a range of employee benefits and resources that help you protect what matters most - your health care, savings, financial protection, and wellbeing. We provide a variety of leaves for personal, health, family, and military needs. For example, our "Giving Back" program allows you to take up to 16 hours a year to volunteer in your community.
Our global mental health and wellness days off provide all colleagues with a paid day off to focus on their mental health and wellbeing. We also believe in fostering our colleagues' development and offer a range of learning opportunities for colleagues to hone their professional skills to position themselves for the next steps of their careers. We have a tuition reimbursement program for eligible colleagues to enhance their education, skills, and knowledge in areas that relate to their current position or future positions to which they may transfer or progress.
We are an Equal Opportunity Employer. American International Group, Inc., its subsidiaries, and affiliates are committed to being an Equal Opportunity Employer and its policies and procedures reflect this commitment. We provide equal opportunity to all qualified individuals regardless of race, color, religion, age, gender, gender expression, national origin, veteran status, disability, or any other legally protected categories such as sexual orientation. At AIG, we believe that diversity and inclusion are critical to our future and our mission - creating a foundation for a creative workplace that leads to innovation, growth, and profitability. Through a wide variety of programs and initiatives, we invest in each employee, seeking to ensure that our people are not only respected as individuals but also truly valued for their unique perspectives.
To learn more please visit our website. Reasonable accommodations will be determined on a case-by-case basis.
Functional Area: TH - Other
Estimated Travel Percentage (%): No Travel
Relocation Provided: No
AIG Europe S.A. (Spain branch)
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