Tandym Group | Business Services Senior Cash Analyst | West Harrison, NY | United States | BigDataKB.com | 2022/10/28

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Job Location: West Harrison, NY

An insurance organization in Westchester County is actively seeking a dynamic and hardworking professional to join their staff as their new Business Services Senior Cash Analyst. In this role, the Business Services Senior Cash Analyst ensures timely payments and receipts of broker invoices regarding insurance and reinsurance contracts.

Responsibilities

The Business Services Senior Cash Analyst:

  • Handles the cash entry and application process
  • Develop strong relationships with Brokers to facilitate timely and accurate cash receipts and disbursements
  • Develop strong relationships with internal Underwriting Units to ensure quality service
  • Follow up with brokers regarding overdue balances to reduce Accounts Receivables
  • Meet all Month-End/Quarter-End deadlines with consistent and accurate analysis
  • Manage the Aged Debt, GAAP Provision, and Unallocated Cash Analysis
  • Provide monthly Bank Reconciliations for multiple accounts, including Foreign Currency Accounts
  • Ensure Quarterly SOX requirements are met and documented for Internal Audit
  • Achieve qualitative and granular understanding of accounts and reported balances
  • Support development, maintenance, and distribution of concise and accurate reporting of balances
  • Assist Managers with IT Reporting requests and Ad hoc Projects

Qualifications

  • Bachelor’s degree in Business/Finance
  • 2-5 years of Industry experience
  • General knowledge of insurance and reinsurance principles
  • Strong verbal and written communication skills
  • Ability and confidence to challenge existing procedures and use of system
  • Detail-oriented
  • Excellent problem-solving skills
  • Demonstrated analytical skills
  • Strong computer skills

Desired skills

  • Business line knowledge
  • 2-5 years of cash management experience
  • SAP experience
  • Knowledge of Microsoft Excel Pivot Tables, V-Lookups, and MS PowerPoint




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