Job Description

Under supervision, supports the financial operations of the Accounting Department by maintaining an up-to-date accounts receivable system and monitoring client account details for non-payments.

Key Responsibilities:

Relying on limited experience and knowledge, the Accounts Receivable Associate is responsible for accomplishing the following assignments. These assignments are varied in nature and frequently non-routine.

• Monitor customer account details for non-payments, delayed payments, and other irregularities.
• Prepares bank deposits.
• Prepare Month End Cash Report from daily cash posting activity data.
• Assist departmental managers and other members of the department with special projects.
• Investigate and resolve customer queries as needed.
• Reconcile accounts.
• Send daily collection status updates to account managers on all payments received.
• Perform collection and allocation of payments.
• Organize a recovery system and initiates collection efforts.
• Carrie out billing and reporting activities according to assigned deadlines.
• Daily retrieval of electronic wire transfers from the bank and daily deposits from various clients.
• Work with Underwriters to coordinate and resolve client issues.
• Contact clients on all invoicing issues by phone and/or email.
• Communicate with clients regarding outstanding payments.

 Planning

• Follow work plans, established timelines, and pre-defined goals for assigned work.
• Meet commitments on deadlines.

Communication

• Develop strong customer focus and high service level relationship with clients.

Cost Management

• Perform work thoroughly in a cost-efficient manner and at a high productivity level.
• Utilize company resources effectively.

Business Controls and Policies

• Comply with all corporate policies and procedures.
• Take all reasonable steps to safeguard company assets against waste, loss, unauthorized use and misappropriation.
• Report any breakdown in controls to a supervisor or manager.

People Management

• No people management responsibility
• May assist in orienting and training less experienced employees.

Position Knowledge, Skills, and Requirements:

Education

• High school diploma or equivalent

Experience

• Minimum of two years of relevant and progressive experience in area of accounts receivables, general accounting, etc.

Other

• Knowledge of general bookkeeping procedures
• Knowledge of general accounting principals
• Possess and have ability to apply basic knowledge of principles, practices, and procedures
• Good written and verbal communication skills with an emphasis on confidentiality, tact, and diplomacy
• Good organizational and analytical skills; demonstrated ability to manage multiple tasks simultaneously
• Intermediate proficiency and experience using Microsoft Office package (Excel, Access, PowerPoint, Word)

If your experience matches these requirements, please apply WITH A COVER LETTER INCLUDING SALARY RANGE REQUIREMENTS.

Tokio Marine HCC offers a competitive salary, generous benefits program, matching 401(k), and a supportive working environment. We are a successful, dynamic organization experiencing rapid growth and are seeking an energetic and confident individual to join our team of professionals. The Tokio Marine HCC Group of Companies are equal-opportunity employers. Please visit www.tmhcc.com for more information about our companies.

Company Description

Tokio Marine HCC is a leading specialty insurance group with offices in the United States, the United Kingdom, Europe, Ireland, and other exciting locations. With the strength and stability that comes from being a member of the Tokio Marine Group, and more than forty years of growth, profitability, and stability, we offer important insurance products that most people don’t even know exist. Just as we invest in our company, we invest in our employees’ careers. We provide our employees a collaborative and rewarding environment within which to gain the knowledge, skills, and experience that lead to a rewarding career. Our products allow our customers to take on opportunity with confidence. In turn, our competitive salaries, attractive benefits, and potential for career growth allow you to take on opportunity with confidence.