Title:

Account Receivable Specialist

Company:

Everest Insurance Company Of Canada

Job Category:

Finance

Job Description:

About Everest:

Everest is a global leader in risk management, rooted in a rich, 50+ year heritage of enabling businesses to survive and thrive, and economies to function and flourish. We are underwriters of risk, growth, progress and opportunity. We are a global team focused on disciplined capital allocation and long-term value creation for all stakeholders, who care deeply about our impact on communities and the wider world.

About the Role:

Reporting to the Insurance Accounting Senior Manager, the Accounting Analyst manages the end-to-end receivables lifecycle for assigned brokers. This role bridges analytical accounting and operations, focusing on premium collections, broker statement reconciliation, and cash application. You will partner with Underwriting and Operations to resolve billing discrepancies and ensure the accuracy of financial data.

Key Responsibilities:

Accounts Receivables, Premium Accounting & Cash Collections:

• Manage the collection of outstanding Premium Receivables, ensuring proactive follow-up with brokers on aged balances.

• Perform detailed reconciliation of broker statements against internal records to identify, analyze, and resolve billing discrepancies.

• Effectively escalate complex Premium Accounting findings and discrepancies to the appropriate business units for resolution.

• Monitor and execute timely payment application, ensuring unapplied cash balances are minimized and kept within acceptable thresholds.

• Collaborate regularly with Underwriting and Operations departments to resolve billing, booking, and collection issues preventing payment.

• Research and resolve customer A/R issues, providing high-quality service to external brokers and internal stakeholders.

Operational & Ad Hoc Support:

• Provide administrative support by maintaining accurate financial records and producing both standard and customized aging reports for management review.

• Support internal and external audit processes by preparing schedules and providing documentation in conjunction with general ledger controls.

• Maintain strict compliance with various external regulatory requirements and internal accounting policies.

• Assist with User Acceptance Testing (UAT) for new systems and other accounting functions as assigned.

Qualifications, Education & Experience

• Education: Completion of a College or University Degree in Accounting, Finance, or a relevant field; current enrollment in a CPA program is considered an asset.

• Experience: A minimum of 3 years of experience in an Accounts Receivable or Accounting role. Specific experience in an insurance premium accounting environment is preferred.

• Technical Skills: Intermediate to advanced knowledge of Microsoft Office Suite (Excel, Word, PowerPoint); familiarity with insurance accounting systems and general ledger software is an asset.

Knowledge, Skills & Competencies

• Accuracy: High level of accuracy and attention to detail, particularly regarding data entry and reconciliation.

• Organization: Strong organizational and time management skills with the ability to prioritize tasks in a deadline-driven environment.

• Communication: Excellent written and verbal communication skills for effective interaction with brokers and internal departments.

The base salary range for this position is CAD 70,000 - CAD 80,000 annually. The offered rate of compensation will be based on individual education, experience, qualifications and work location. All offers include access to a variety of benefits to employees, including health insurance coverage, an employee wellness program, life and disability insurance, retirement savings plan, paid holidays and paid time off (PTO).  This position is an add to staff.

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What if I don’t meet every requirement? At Everest we are dedicated to building an inclusive and authentic workplace. So, if you are excited about this role but your past experience doesn’t align perfectly with every element in the job description, we still encourage you to apply. You may be just the right candidate for this or other roles. Please let us know if you need any accommodations throughout the application or interview process.

 

Our Culture

At Everest, our purpose is to provide the world with protection. We help clients and businesses thrive, fuel global economies, and create sustainable value for our colleagues, shareholders and the communities that we serve. We also pride ourselves on having a unique and inclusive culture which is driven by a unified set of values and behaviors. Click here to learn more about our culture. 

• Our Values are the guiding principles that inform our decisions, actions and behaviors. They are an expression of our culture and an integral part of how we work: Talent. Thoughtful assumption of risk. Execution. Efficiency. Humility. Leadership. Collaboration. Inclusion and Belonging.
• Our Colleague Behaviors define how we operate and interact with each other no matter our location, level or function: Respect everyone. Pursue better. Lead by example. Own our outcomes. Win together.  

 

All colleagues are held accountable to upholding and supporting our values and behaviors across the company. This includes day to day interactions with fellow colleagues, and the global communities we serve. 

Type:

Regular

Time Type:

Full time

Primary Location:

Toronto - Insurance Canada

Additional Locations: