Demo

Insurance Billing & Collections Representative

IAT Insurance Group
Kansas, MO Full Time
POSTED ON 2/13/2025
AVAILABLE BEFORE 5/8/2025

IAT Insurance Group has an immediate opening for an Account Service Representative in our Kansas City, MO location. This role is part of a department that is responsible for the identification, pursuit, and collection of company-wide receivables involving $531 Million annually. Please note, IAT works on a hybrid schedule, working from the office Monday through Wednesday with the option of working remotely Thursday and Friday.

Account Service Representatives leverages their knowledge of cash management, billing, collections, reconciliation, commissions, and account payables functions while they interact daily with agents, brokers, vendors, law firms, internal departments, and outside banking personnel.

The ideal candidate will have at least three or more years of experience in the functions noted above and for delivering customer service over the phone and through scheduled follow-up conversations.

Responsibilities :

  • Performs account reconciliation and maintains accounts and records for all billing
  • Monitors all customer and agency inquiries, resolving all problems efficiently and within the timeframe.
  • Responsible for handling initial letters and calls.
  • Responsible to identify, research and resolve outstanding individual direct bills, agency account balances, and account discrepancies with insured’s, agents, outside collection agencies, and law firms.
  • Verifies daily lockbox payment applications and works with outside banking contacts to make corrections as necessary.
  • Processes non-sufficient funds and stop payments for returned checks. Notifies agents, the insured, and underwriters of returned checks.
  • Prepares daily general ledger entries and non-cash code sheets to reverse payments from insured policies.
  • Performs other ad-hoc duties as assigned.

Qualifications : Must Have :

  • High school graduate or equivalent with three more years of financial or accounts receivable experience, including experience in the insurance, or banking, or related industries.
  • Must understand or have experience with Customer Service, Account Receivable, Account Payable, Billing & Invoicing.
  • Must be able to work and feel comfortable on the phone, including outbound calls.
  • Accounting experience in the insurance industry is preferred.
  • Must be comfortable with change.
  • Must be detail oriented.
  • Must be able to work within a team environment.
  • Strong verbal and written communication skills are a must.
  • Preferred to Have :

  • Bilingual (Fluent in Spanish)
  • Prefer Degree in Business Administration, Accounting, Finance, or related degree.
  • Accounting experience is preferred.
  • Experience with Microsoft Excel and Outlook is preferred.
  • Our Culture IAT is the largest private, family-owned property and casualty insurer in the   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.

    At IAT, we’re committed to driving and building an open and supportive culture for all. 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.

    We offer comprehensive benefits like :

  • 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
  • Dress for Your Day Policy
  • 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

    Salary : $531

    If your compensation planning software is too rigid to deploy winning incentive strategies, it’s time to find an adaptable solution. Compensation Planning
    Enhance your organization's compensation strategy with salary data sets that HR and team managers can use to pay your staff right. Surveys & Data Sets

    What is the career path for a Insurance Billing & Collections Representative?

    Sign up to receive alerts about other jobs on the Insurance Billing & Collections Representative career path by checking the boxes next to the positions that interest you.
    Income Estimation: 
    $43,046 - $55,491
    Income Estimation: 
    $48,405 - $61,728
    Income Estimation: 
    $43,046 - $55,491
    Income Estimation: 
    $48,405 - $61,728
    Income Estimation: 
    $47,061 - $52,995
    Income Estimation: 
    $54,716 - $62,670
    Income Estimation: 
    $43,327 - $52,128
    Income Estimation: 
    $49,730 - $59,304
    Income Estimation: 
    $47,608 - $62,417
    Income Estimation: 
    $50,682 - $63,955
    Income Estimation: 
    $55,827 - $76,090
    Income Estimation: 
    $35,864 - $42,128
    Income Estimation: 
    $47,061 - $52,995
    View Core, Job Family, and Industry Job Skills and Competency Data for more than 15,000 Job Titles Skills Library

    Job openings at IAT Insurance Group

    IAT Insurance Group
    Hired Organization Address Rolling Meadows, IL Full Time
    IAT Insurance Group has opening for a Policy Support Specialist in the following offices and product line listed below. ...
    IAT Insurance Group
    Hired Organization Address MO Full Time
    The Inland Marine Business Unit within IAT has an immediate opening for an Inland Marine Underwriter. We will consider r...
    IAT Insurance Group
    Hired Organization Address NJ Full Time
    IAT Insurance Group has an immediate opening for a Contract Surety Underwriter in Newark, New Jersey. This role will act...
    IAT Insurance Group
    Hired Organization Address Naperville, IL Full Time
    IAT Insurance Group has an immediate opening for a General Liability Product Manager. This role works a hybrid schedule ...

    Not the job you're looking for? Here are some other Insurance Billing & Collections Representative jobs in the Kansas, MO area that may be a better fit.

    Billing and Collections Coordinator

    Shook, Hardy and Bacon, Kansas, MO

    Collections Representative

    OMEGA RMS LLC, Parkville, MO

    AI Assistant is available now!

    Feel free to start your new journey!