Address
Form of workIAT Insurance Group has an immediate opening for an Associate Billing / Accounts Receivable Analyst in our Houston, TX or Plano, TX location. This role performs multiple billing and collections functions, such as accounts receivable, commissions, account payables, billing, cash management, collections, and/or reconciliation within our Surety Operations. Please note, IAT works on a hybrid schedule, working from the office Monday through Wednesday with the option of working remotely Thursday and Friday.
- Batches incoming remittance payments from Insurance agents that are received in the form of a check and/ or electronic bank to bank remittance, daily data entry to internal Check Table and daily funds reporting to corporate Finance Dept.
- Daily deposit to the bank including a digital record (OnBase copy) of all invoices/statements associated to properly account for the payment.
- Record all payments received to Monthly Statement (Bonds) according to standard operating procedures.
- Processes non-sufficient funds and stop payments for returned checks. Notifies agents and underwriters of the returned Prepares general ledger and non-cash code sheet to reverse payment from insured’s policy.
- Provides detailed customer service to all agents and internal staff, including preparing statements of account and year-to-date payments received as provide or design utilizing IAT reporting services.
- Processes and maintains internal and external collection activities, communicates with agents, and recommends the submission of past due accounts to a 3rd party collection agency.
- Investigates, identifies, and resolves with IAT Surety Region offices any outstanding balances and account discrepancies utilizing daily, weekly, and monthly reports. Effectively communicates the resolution with all responsible associates including regional offices, Billing Supervisor and corporate Finance DeptPerform other duties as needed.
- High school graduate or equivalent
- Associate’s degree in Accounting preferred, or equivalent experience is 2 years of accounting experience
- Working knowledge of accounting practices and accepted office procedures
- Ability to perform detailed work with numerical data and to make mathematical calculations rapidly and accurately
- Ability to understand and follow detailed oral and written instruction
- To qualify, applicants must be authorized to work in the United States and must not require VISA sponsorship, now or in the future, for employment purposes
- Good verbal and written communication and comprehension skills
IAT is the largest private, family- owned property and casualty insurer in the U.S. Insurance Answers Together is how we define IAT, in letter and in spirit. We work together to provide solutions for people and businesses. We collaborate internally and with our partners to provide the best possible insurance and surety options for our customers. It’s about far more than being a workplace. We’re a work family.
At IAT, our fundamental belief is to create a culture where all employees are heard and have a sense of belonging. Inclusion and Diversity are not just initiatives, it’s how we live. We’re committed to driving and building an open and supportive culture. By embracing the uniqueness of our employees, investing in their development, listening to, and engaging their ideas, we are stronger as an organization.
Our employees propel IAT forward – driving innovation, stable partnerships and growth. That’s why we continue to build an engaging workplace culture to attract and retain the best talent.
- 26 PTO Days (Entry Level) + 12 Company Holidays = 38 Paid Days Off
- 7% 401(k) Company Match and additional Profit Sharing
- Hybrid work environment
- Numerous training and development opportunities to assist you in furthering your career
- Healthcare and Wellness Programs
- Opportunity to earn performance-based bonuses
- College Loan Assistance Support Plan
- Educational Assistance Program
- Mentorship Program
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran. We maintain a drug-free workplace and participate in E-Verify.
Come join the IAT family!
