Premium Recovery Analyst

Berkley • Scottsdale • 2w ago

Company Details

As an elite Excess and Surplus Lines market, Nautilus Insurance Group offers commercial property and casualty insurance solutions to appointed wholesale surplus lines producers countrywide. We have specialized in providing these solutions for more than 35 years.

We have more flexible policy terms and premium rates on a non-admitted basis. Our focus is small to medium Property and Casualty risks on both an admitted and a non-admitted basis.

Our offerings are distributed through partnerships with appointed wholesale surplus lines producers. Our relationships are defined by mutual success, speed to market, customer-centric focus and an expanded appetite.

Coverage placed by Nautilus Insurance Group is provided by Nautilus Insurance Company and Great Divide Insurance Company, both W. R. Berkley Corporation members with A.M. Best (Superior) A+ XV ratings.

Benefit Highlights:

Paid Parental Leave! At Nautilus, we offer Childbirth Recovery Leave as well as Primary Caregiver Leave, for up to a maximum of 12 weeks of paid leave.
Nautilus offers Medical, Dental, and Vision coverage options, along with Flexible Spending Accounts (FSA) and Health Savings Accounts (HSA) choices
We help our employees feel secure by providing a 401(k) program, profit sharing, stock purchase plan, life insurance, and travel accident insurance options.
One of our core values is “Committed to Serve” and these aren’t idle words. We provide every employee one paid day off per year to volunteer at a local charity. That’s serving with a smile!
We take risk management excellence and your professional growth seriously by offering Tuition Assistance and Industry-Related Education and Exam programs.
Can you hear us now? Employees are eligible for special cell phone service discounts with Verizon and AT&T. We’ve got a plum position for you! We participate in the Plum Benefits program offering employees cost-free access to thousands of exclusive travel and entertainment discounts.
Flexible work arrangements
On site newly renovated fitness center - free to use for employees. Yoga and other classes available for a nominal fee.

Responsibilities

Nautilus Insurance Group is seeking a Premium Recovery Analyst to join our team in our Scottsdale, AZ headquarters. This is a great opportunity to start your career with strong, stable Fortune 500 company - Nautilus is a W. R. Berkley company!

This role is located in our Scottsdale AZ on a hybrid schedule - four days in the office, one day remote.

The Premium Recovery Analyst's primary responsibility is to work directly with the insureds to recover outstanding Premium Audit and Deductible balances in a customer service focused environment.

Additional responsibilities include:

Support the overall management of Nautilus Premium Audit billing inventory, including ensuring all bills are received by agents, coordinating payment arrangements, track agent collection activities to ensure all deadlines are met as well reviewing files for external collection
Establishes and maintains a professional relationship when contacting insureds and/or general agents for payment resolution; all calls/e-mails to be performed in a polite, professional and courteous manner
Drive collection of delinquent premium audit and deductible balances while demonstrating a high level of judgment in collecting; balance the need to collect while fostering a strong customer relationship
Effectively handle high volume of inbound and outbound insured and agent calls
Partner with insureds and agents to establish payment arrangements to rectify past due A/R balances.
Investigate and resolve complex billing issues with payments, cash application, reconciliations and system-related issues through collaboration with cross functional teams
Effectively use problem solving skills to address and resolve insured premium audit disputes
Prepare, assign and reconcile audit and deductible files turned over to an outside collection agency
Perform full-cycle agency account billing, including but not limited to reconciling & allocating cash receipts, processing agent payments, and answering AR inquiries
Create and monitor monthly reports to present to management
Interacts with team-members to encourage and foster a positive work environment

#LI-RS1

Qualifications

High School diploma or GED equivalent required. 2 years insurance-related experience or training to include basic knowledge of insurance policy and premium transactions is a plus.
College degree in Business Administration, Finance or Accounting preferred.
Completion of general insurance courses or general accounting courses preferred.
Must have a strong customer service background, working in a fast-paced professional environment.
Must have knowledge and basic proficiency of computer programs in a Windows environment, including Word, Excel and E-mail.
Sound judgment and decision-making skills.
Ability to apply common sense understanding to carry out the instructions furnished in written, oral or diagram form.
Ability to define problems, collect data, establish facts and draw valid conclusions.
Ability to handle confidential information.

Additional Company Details

The Company is an equal employment opportunity employer.

We do not accept any unsolicited resumes from external recruiting agencies or firms.

The company offers a competitive compensation plan and robust benefits package for full time regular employees.

The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment.

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