
Collections Analyst
- Rolling Meadows, IL
- $56,500-110,000 per year
- Permanent
- Full-time
OverviewDo you have a passion for billing and are looking to work alongside an award winning industry leader? This role might be just the right fit for you!
How you'll make an impactWhat will you be doing?
- Acts as an account manager in the coordination of moderate to sophisticated billing and collection activities for assigned accounts
- The analyst has direct interaction with clients and account executives to follow up on collection issues and ensures resolution of all disputes.
- Primary responsibilities will include follow-up activity on amounts past due from clients and work with external customers to resolve issues with outstanding balances
- Investigates and resolves issues with various internal departments such as Billing, C&Q, Claims and Account Management. Initiates best corrective action to pursue collections before they become past due
- Performs moderate to sophisticated billing and collections reconciliations to invoice
- Prepares trending and commentary on aging receivables
- Prepares write-up for management's approval on receivables to be written off
- Coordinates with legal on bankruptcies
- Boosts efficiency by crafting automated applications; streamlining processes; managing information needs
- Continuously looking for ways to improve and implement efficiencies in overall process
- Provides information to management by assembling and summarizing data; preparing reports; making presentations of findings, analyses, and recommendations
- Knowledge of generally accepted accounting principles and procedures
- Bachelor's degree and a minimum of 3 to 5 years related experience
- Strong PC and Microsoft application skills
- Excel expertise required (pivots, V-lookups, macros)
- Reporting Skills, Advising Others, Financial Skills, Forecasting, Corporate Finance, Financial Diagnosis, Financial Software, Analyzing Information, Statistical Analysis, Process Improvement, Financial Planning and Strategy.
- Prefer degree in Accounting or Finance.
- CPA, CMA or CFA certification preferred
- Prefer degree or equivalent experience in Accounting or Finance
- Microsoft Access and Sequel experience preferred
- Insurance Background particularly claims a plus
- Cognos and JD Edwards General Ledger knowledge preferred
- Highly motivated with the ability to work on a team as well as independently and drive results.
- Comfortable in an environment with changing priorities, and competing demands for time.
- Ability to drive results.
- Ability to work extended hours as required
Compensation and benefitsWe offer a competitive and comprehensive compensation package. The base salary range represents the anticipated low end and high end of the range for this position. The actual compensation will be influenced by a wide range of factors including, but not limited to previous experience, education, pay market/geography, complexity or scope, specialized skill set, lines of business/practice area, supply/demand, and scheduled hours. On top of a competitive salary, great teams and exciting career opportunities, we also offer a wide range of benefits.Below are the minimum core benefits you’ll get, depending on your job level these benefits may improve:
- Medical/dental/vision plans, which start from day one!
- Life and accident insurance
- 401(K) and Roth options
- Tax-advantaged accounts (HSA, FSA)
- Educational expense reimbursement
- Paid parental leave
- Digital mental health services (Talkspace)
- Flexible work hours (availability varies by office and job function)
- Training programs
- Gallagher Thrive program – elevating your health through challenges, workshops and digital fitness programs for your overall wellbeing
- Charitable matching gift program
- And more...