Cash Application Specialist

Hub International

(Riverside, California)
Full Time
Job Posting Details
About Hub International
HUB International Limited (“HUB”) is a top-10 global insurance and employee benefits broker, providing a broad array of property, casualty, risk management, life and health, employee benefits, investment and wealth management products and services. With over 9,000 employees in 400 offices throughout North America, HUB is dedicated to helping individuals and businesses evaluate and manage their risks and insurance needs.
Summary
The position reports directly to the Cash Application Supervisor and is primarily responsible for posting of cash receipts for multiple bank accounts on a daily basis.
Responsibilities
* Retrieve deposit information from lockbox or remote deposit capture. * Retrieve electronic deposit information from Online Bank Account Daily Activity reports. * Posting of all cash receipts for multiple bank accounts in Broker Management system on a daily basis. * Reconcile cash accounts daily to make sure that all items are accounted for. * Process small balance write offs in Broker Management System. * Process non-sufficient checks in Broker Management System. * Follow up with Client Service team for any exception payments and post accordingly. * Partners with accounting and client service team to quickly bring issues to their attention, working to understand the root cause and offering potential solutions. * Research and resolve unapplied cash in suspense and cash on account at client level. * Escalate unresolved items to supervisor per pre-determined aging timeline. * May assist in other special projects as required. * Perform other duties as assigned by supervisor.
Ideal Candidate
* High school diploma or equivalent required and college courses in accounting preferred * At least 2 years of experience in the accounting field * Experience in a shared services accounting environment is a plus * Insurance brokerage experience preferred * Excellent written and verbal communication skills * Basic Excel skills; intermediate preferred with ability to perform v-lookups, pivot tables, etc. * Strong analytical and problem solving skills * Ability to work under pressure to meet deadlines * High degree of accuracy with a good eye for detail * Self-motivated and proactive * Demonstrated ability to take initiative and achieve results in a fast-paced and changing environment
Compensation and Working Conditions
Reports to Cash Application Supervisor

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