Accounts Receivables - Billing & Cash Applications

Role and Skill: Accounts Receivables - Billing & Cash Applications

Experience: 4 years to 6 years

Job Location: Pune

Shift: 24x7

Job Qualification:- B.com, M.com, MBA or equivalen

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Responsibilities

• :-Responsible for posting payments from various lockboxes to the customer accounts in a timely mann
• erresearch and resolution of aged unidentified and unapplied cash receipts and accurate posting to customer accoun
• tsCoordinate payments made by a lockbox ACH/Wire and other adjustments to customer account for credits/debits and account write-of
• fsWork with both internal/external stakeholders to resolve for unidentified ca
• shReconcile Cash - Balance Accounting system funds against bank deposits and daily/monthly reconciliatio
• nsCommunicate effectively with customers and internal teams regarding required remittance or cash application informati
• onIdentify areas of improvement to streamline and automate the proce
• ssUpdate process documentation that includes Standard Operating procedures / FMEAs / SIPOCs and other Quality manuals as and when require
• d.Supervises, coordinates, and directs the work activities of assigned employee
• s.Generate agency and direct-bill invoices for new policies, endorsements, renewals, and cancellatio
• nsCoordinate with servicing and producers for missing or incorrect billing dat
• a.Investigate and resolve billing discrepancies with clients or carrie
• rsMaintain accurate documentation and compliance with regulatory and internal standard

s.Skills & Experience

• :-Graduate with a minimum of 1–5 years of billing/account Receivables in the insurance or financial services industr
• y.Experience in Accounts (Cash Applications preferre
• d)Familiarity with agency management systems (Applied Epic, AMS360, etc.) is preferre
• d.Basic knowledge of insurance terms and billing cycle
• s.Strong analytical, problem-solving, and communication skill
• s.High attention to detail and time manageme
• ntWorking knowledge of various insurance agency management systems (AMS) such as Benefit Point Applied EPIC is preferr
• edPrior experience in the insurance brokerage industry or P&C insuran
• ceProvide excellent Customer Service to internal and external custome
• rsExcellent verbal (oral) and written communicati
• onProficient with MS Office - Microsoft Excel and Microsoft Outlook (Other system experience is a plu
• s)Strong analytical and organizational skills with attention to deta
• ilAbility to execute transactions as per prescribed guidelines and timelines in order to meet the SLA and quality standard
• s.Willing SLA and quality standard