Job Description
Summary World Insurance Associates is a unique insurance organization offering top products and services from major providers, combined with attentive service from local agents.
Founded in 2011, World is one of fastest-growing insurance brokers in the U.S. with over 2,200 employees in over 210 offices across North America. We specialize in personal and commercial insurance lines, surety and bonding, employee benefits, financial and retirement services, and human capital management solutions.
Role and Responsibilities The
Premiums Receivable Analyst is responsible for managing premium and commission receivables and ensuring timely collection and accurate application of incoming client payments. Working closely with account teams, accounting personnel, and leadership, this position plays a key role in supporting cash flow, resolving discrepancies, maintaining account accuracy, and building positive internal and external relationships. The role requires diligent follow-up, clear communication, and detailed documentation. This is a fully remote role with periodic travel as required.
ESSENTIAL DUTIES AND RESPONSIBILITIES include the following. Other duties may be assigned to meet business needs.
- Monitor and follow up on outstanding client premium balances to ensure timely collection.
- Accurately apply incoming payments to client accounts in accordance with remittance detail.
- Prepare and document for disbursements of return premiums to clients or premium financing companies, in collaboration with account teams.
- Reconcile client accounts regularly and resolve discrepancies or disputes in collaboration with internal teams and clients.
- Maintain detailed documentation of receivables activity and correspondence.
- Generate and review aging reports to support visibility and action planning on delinquent items.
- Partner with service teams and accounting to align on receivables strategy and execution.
- Assist in preparing documentation for internal and external audits.
- Participate in special projects and continuous improvement initiatives related to receivables and cash application processes.
Qualifications EDUCATION, SKILLS, AND EXPERIENCE:
- Bachelor’s degree in Accounting, Finance, Business, or related field, or equivalent work experience.
- Prior experience in accounts receivable or insurance premium accounting strongly preferred.
- Proficiency in Excel
- Strong analytical and problem-solving skills
- Strong organizational skills with the ability to prioritize high volume and time sensitive transactions.
- Ability to work independently and on a team
- High degree of professional communication and tactful negotiation skills.
- Knowledge of Applied Epic a plus
Equal Employment Opportunity At World Insurance Associates (WIA), we celebrate and support our differences. We know employing a team rich in diverse thoughts, experiences, and opinions allows our employees, our products, and our community to flourish. WIA is honored to be an equal opportunity workplace. We are dedicated to equal employment opportunities regardless of race, color, ancestry, religion, sex, national orientation, age, citizenship, marital status, disability, gender identity, sexual orientation, or Veteran status. In addition, WIA makes reasonable accommodations to known physical or mental limitations of an otherwise qualified applicant or employee with a disability, unless the accommodation would impose an undue hardship on the operation of our business.
To Executive Search Firms and Staffing Agencies: World does not accept unsolicited resumes from any agencies that have not signed a mutual service agreement. All unsolicited resumes will be considered World’s property, and World will not be obligated to pay a referral fee. This includes resumes submitted directly to Hiring Managers without contacting World’s Human Resources Talent Department.
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Job Tags
Full time, Work experience placement, Local area,