Accounts Receivable / Billing Specialist, Honeycomb

$65-75k

+ Bonus + Employee options grant

Excel
NetSuite
Junior and Mid level
New York
Honeycomb

Computer vision & AI-powered real estate insurance

Be an early applicant

Honeycomb

Computer vision & AI-powered real estate insurance

21-100 employees

FintechB2BArtificial IntelligenceMarketplaceInsuranceComputer Vision

Be an early applicant

$65-75k

+ Bonus + Employee options grant

Excel
NetSuite
Junior and Mid level
New York

21-100 employees

FintechB2BArtificial IntelligenceMarketplaceInsuranceComputer Vision

Company mission

To bring simplicity and transparency to real estate insurance.

Role

Who you are

  • We are looking for a detail-oriented Accounts Receivable Specialist with strong Excel proficiency to join our finance team
  • While experience in the insurance industry is a plus, it is not required
  • The ideal candidate will have a solid background in accounts receivable and the ability to navigate and manage complex billing processes
  • Experience: 2+ years of accounts receivable experience
  • Technical Skills: Proficient in Microsoft Excel (pivot tables, VLOOKUPs, formulas) and experience with accounting software
  • Analytical Ability: Strong attention to detail and ability to interpret complex billing structures
  • Communication Skills: Excellent verbal and written communication skills for interacting with clients and internal teams
  • Problem-Solving: Ability to investigate and resolve discrepancies efficiently
  • Organization & Multitasking: Strong time management skills to prioritize and handle multiple tasks effectively

Desirable

  • Experience with NetSuite
  • Experience with ’Invoiced’ billing system
  • Insurance industry experience a plus

What the job involves

  • This role demands accuracy, analytical thinking, and excellent communication skills to efficiently process payments, resolve discrepancies, and collaborate with internal teams and external clients
  • Invoice Management: Process and review customer invoices, ensuring accuracy and compliance with company policies and contractual agreements
  • Payments & Collections: Monitor outstanding balances, follow up on past-due accounts, and work with customers to resolve payment issues
  • Complex Billing Analysis: Analyze and interpret complex billing structures, identifying discrepancies and working cross-functionally to correct errors
  • Reconciliation & Cash Application: Perform account reconciliations, investigate variances, and ensure proper application of payments and/or refunds
  • Reporting: Generate and maintain AR aging reports, cash application reports, and other financial data using Excel
  • Collaboration: Work closely with internal departments, including finance, customer service, and underwriting, to resolve billing issues

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Company

Company benefits

  • Health Benefits
  • Employee options grant
  • 401K
  • Flexible paid time off
  • Paid national holidays

Funding (last 2 of 3 rounds)

May 2024

$36m

SERIES B

Jan 2022

$15.4m

SERIES A

Total funding: $54.7m

Our take

With many real estate insurers relying on a generalised approach, homeowners and landlords often have to pick up the slack when it comes to complex and serious claims. Plus, insuring properties against rising costs in the US means many insurers simply won't cover a large portion of homes.

Honeycomb Insurance aims to remedy these real estate coverage issues using AI and computer vision to quantify insurance claim costs. It analyses aerial photographs of building roofs and street-level shots to analyse quality and risk, thus removing the need for expensive physical inspections. This means the company can accurately underwrite risks in a fraction of the time, and deliver a better service to more consumers.

The value of this offering is showcased by Honeycomb's expansion to operate across 16 states. It now covers around 60% of the US market and has over $20 billion in assets under its belt. A substantial Series B round in 2024 will help it grow into new insurance markets and accelerate its AI-powered tech, as it aims to triple this asset value by 2025.

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Kirsty

Company Specialist at Welcome to the Jungle