Financial Operations Specialist

Company Details:

 

What makes Admiral Insurance Group ADMIRABLE.

 

Since 1974, Admiral Insurance Group has been supporting business innovation and market growth through our wholesale-dedicated excess and surplus (E&S) lines of commercial insurance.  We specialize in underwriting difficult-to-place moderate to high-risk commercial businesses that require creative solutions, outside of the box thinking, entrepreneurial spirit and astute business knowledge.  As a member of the W. R. Berkley Corporation, a Fortune 500® Company and one of the nation’s premier commercial lines property casualty insurance providers, we have the resources, support and industry data to provide exceptional service and exciting solutions for our clients and partners. 

 

Unlock your insure-ability. Learn more about Careers at Admiral Insurance Group.

 

See what it’s like to work in Admiral's Finance Department.

 

The Company is an equal employment opportunity employer.

 

https://www.admiralins.com/

Responsibilities:

The Financial Operations Specialist supports financial integrity and operational efficiency for Admiral Insurance. This role actively participates in the company’s in-house collection process to ensure timely resolution of outstanding balances in a customer service focus environment. 

 

This role requires expertise in accounts receivable, treasury operations, and general ledger accounting, along with strong customer service skills for collaboration with internal teams and external business partners.

 

• Reconcile premium receivables, ensuring timely collection and accurate application of payments.
• Participate in the in-house collection process, including direct outreach to insureds to resolve overdue accounts.
• Monitor aging reports and proactively resolve discrepancies with brokers, agents, and internal stakeholders.
• Investigate and resolve complex billing issues with payments, cash application, reconciliations and system-related issues through collaboration with cross functional teams
• Demonstrate high level of judgment in collecting; balance the need to collect while fostering a strong customer relationship.
• Process and reconcile bank transactions, wire transfers, and ACH payments.
• Perform monthly, quarterly, and annual reconciliations of accounts related to cash, receivables, and suspense accounts.
• Assist with journal entries and financial close processes to maintain accurate financial statements.
• Serve as a primary point of contact for internal departments and external partners regarding billing, payment, and reconciliation inquiries.
• Ensure adherence to internal controls, regulatory requirements, and company policies.
• Other duties as assigned.

Qualifications:

• High School diploma or GED equivalent required. Bachelor’s Degree in Business Administration, Accounting, Finance, or related field preferred.
• Experience: 0–2 years in financial operations within the insurance industry, preferably E&S property and casualty.
• 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.
• Excellent analytical, problem-solving, and organizational skills.
• Strong interpersonal and communication abilities for effective collaboration.
• Ability to handle confidential information.

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Additional Company Details: We do not accept any unsolicited resumes from external recruiting firms. The company offers a competitive compensation plan and robust benefits package for full-time regular employees which for this role includes: Base Salary Range: $55,000 - $60,000 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. Eligible to participate in the annual discretionary bonus program. Benefits: Health, Dental, Vision, Life, Disability, Wellness, Paid Time Off, 401(k) and Profit-Sharing plans. Sponsorship Details: Sponsorship not Offered for this Role