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Billing & Collections Coordinator, Legal

CNA Financial Corp.Sioux Falls, SD

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Overview

Schedule
Full-time
Career level
Senior-level
Remote
Hybrid remote
Benefits
Health Insurance
Paid Vacation
Health & Wellness Programs

Job Description

You have a clear vision of where your career can go. And we have the leadership to help you get there. At CNA, we strive to create a culture in which people know they matter and are part of something important, ensuring the abilities of all employees are used to their fullest potential.

CNA seeks to offer a comprehensive and competitive benefits package to our employees that helps them - and their family members - achieve their physical, financial, emotional and social wellbeing goals.

For a detailed look at CNA's benefits, check out our Candidate Guide.

Under general supervision, performs collection functions for smaller size accounts, premium less than $5000.00, that have been referred to legal collections. Typically this position handles Surety exposures and dispute situations in which policies have been cancelled due to nonpayment.

JOB DESCRIPTION:

Essential Duties & Responsibilities

Performs a combination of duties in accordance with departmental guidelines:

  • Pursues collection of past due collections for past due receivable balances of less than $5,000.00.
  • Verifies balance and reconciliation numbers for assigned accounts.
  • As directed, follows-up with external collection agencies and attorneys to document status of account until the account is resolved or rendered uncollectible.
  • May recommend write-off or revision as warranted for assigned accounts.
  • Maintains detailed file activity documentation through closure of collection efforts.
  • Reconciles accounts with collection central and source ledger processing systems.
  • May work with Underwriting Services for bond reinstatements or closures.

Reporting Relationship

Reports to Supervisor or above

Skills, Knowledge and Abilities

  • Working knowledge of legal collections methods, systems and related interfaces.
  • Basic knowledge of accounting principles and procedures and cash flow concepts.
  • Good understanding of the Surety bond products for small and large agents or principals.
  • Excellent communication and customer service skills needed to deal effectively with high profile individuals often regarding sensitive collection issues.
  • Ability to work independently with limited supervision.
  • Strong attention to detail and ability to prioritize multiple tasks.
  • Knowledge of computer applications, including Microsoft Office Suite and other business related software.

Education and Experience

  • An Associate's Degree (two-year program) or equivalent.
  • Typically a minimum of two years related experience in Surety, collections, or accounts receivables.

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CNA is committed to providing reasonable accommodations to qualified individuals with disabilities in the recruitment process. To request an accommodation, please contact leaveadministration@cna.com.

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FAQs About Billing & Collections Coordinator, Legal Jobs at CNA Financial Corp.

What is the work location for this position at CNA Financial Corp.?
This job at CNA Financial Corp. is located in Sioux Falls, SD, according to the details provided by the employer. Some roles may also include multiple work locations depending on the requirement.
What pay range can candidates expect for this role at CNA Financial Corp.?
Candidates can expect a pay range of $5,000.
What employment applies to this position at CNA Financial Corp.?
CNA Financial Corp. lists this role as a Full-time position.
What experience level is required for this role at CNA Financial Corp.?
CNA Financial Corp. is looking for a candidate with "Senior-level" experience level.
What benefits are offered by CNA Financial Corp. for this role?
CNA Financial Corp. offers following benefits: Health Insurance, Paid Vacation, and Health & Wellness Programs for this position. Actual benefits may vary depending on the employer's policies and employment terms.
What is the process to apply for this position at CNA Financial Corp.?
You can apply for this role at CNA Financial Corp. either through Sonara's automated application system, which helps you submit applications 10X faster with minimal effort, or by applying manually using the direct link on the job page.