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Intact Insurance Group USA LLC
Account Collection Associate - International Bond and Marine (Hybrid)
Career Insights for Billing Analyst
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Based on New Jersey data
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What they do
A Billing Analyst performs analytical and administrative work at financial institutions and banks that handle bills, receipts, and invoices. Analyzes the status of client accounts and keeps track of non-payments and other billing issues and trends.
$61,154 / year median in New Jersey
-6% projected decline
Job Description
Our employees are at the heart of what we do: helping people, businesses and society prosper in good times and be resilient in bad times. When you join our team, you are bringing this purpose to life alongside a passionate community. Feel empowered to learn and grow while being valued for who you are. At Intact, we commit to supporting you in reaching your goals with tools, opportunities, and flexibility. It's our promise to you. Who we are At Intact Insurance Specialty Solutions, we are experts at what we do in protecting what makes businesses unique. Our deep understanding of the specialty insurance market is the foundation for our customized solutions, backed by targeted risk control and claims services. Our employees are passionate about providing insurance coverage that's aligned to our targeted customer groups. Intact's Global Specialty Lines business spans across more than 20 verticals in four distinct markets: U.S., Canada, UK and Europe. The following opportunity is for our U.S. team. The opportunity We currently have an opportunity for an Account Collection Associate to join our IB&M team based in our Morristown, NJ office on a hybrid schedule. This job is responsible for the billing, payment processing, reconciliation, negotiation, and direct collection of accounts. Secures a commitment to pay the outstanding debt. Some of the Account Collection Associate responsibilities include but are not limited to: Responsible for all billing and collection activity of receivables for assigned accounts Independently prepares and issues Statement of Accounts. Ensures receipt, analyzes, and processes account/statements. Accountable to receive payments within credit terms for assigned territory and accurately applies cash application and cash disbursement. Takes necessary steps to reconcile and resolve differences on an individual or account level. Writes off aged receivables within corporate guidelines, along with the preparation of supporting documentation Negotiates payment plans and settlements within corporate guidelines Assists in the delivery of specific training programs for associates. Prepares and distributes monthly reports. Handles a variety of administrative tasks as needed. The expertise you bring High school diploma with demonstrated experience required. 1-3 years billing and collection services or equivalent experience required. Our salary ranges are determined by many factors including location, role, experience and skillset of the candidate. The following ranges displayed reflect the target base salary for new hires; however, your recruiter will provide more specific compensation details during the hiring process. The typical base salary range for this position is: $54,000 - $62,000, based on the factors aforementioned. In addition to base salary, full time Intact employees are also eligible for bonus potential and a full range of benefits to include but not limited to: Comprehensive medical, dental and vision insurance with no waiting period Competitive paid time off programs 401(k) savings and annual contributions of up to 12% of annual salary Mental health support programs, life and disability insurance, paid parental leave and a variety of additional voluntary benefits This position will remain posted until a final candidate is selected. Once the role is filled, this job posting will be removed. Why choose Intact We live our