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Senior Cash Application Specialist

Job in Rolling Meadows, Cook County, Illinois, 60008, USA
Listing for: Arthur J. Gallagher & Co. (AJG)
Full Time position
Listed on 2026-02-28
Job specializations:
  • Finance & Banking
    Financial Reporting, Accounting & Finance
Salary/Wage Range or Industry Benchmark: 80000 - 100000 USD Yearly USD 80000.00 100000.00 YEAR
Job Description & How to Apply Below

Introduction

At Gallagher Bassett, we're there when it matters most because helping people through challenging moments is more than just our job, it’s our purpose. Every day, we help clients navigate complexity, support recovery, and deliver outcomes that make a real difference in people’s lives. It takes empathy, precision, and a strong sense of partnership—and that’s exactly what you’ll find here. We’re a team of fast-paced fixers, empathetic experts, and outcomes drivers — people who care deeply about doing the right thing and doing it well.

Whether you're managing claims, supporting clients, or improving processes, you’ll play a vital role in helping businesses and individuals move forward with confidence. Here, you’ll be supported by a culture that values teamwork, encourages curiosity, and celebrates the impact of your work. Because when you’re here, you’re part of something bigger. You’re part of a team that shows up, stands together, and leads with purpose.

Overview

Join Our Team as a Senior Cash Application Specialist at Gallagher Bassett!

Are you a detail-driven professional with a passion for accuracy and efficiency? Do you thrive in a fast-paced environment where your analytical skills and commitment to excellence can make a real impact? If so, Gallagher Bassett has an exciting opportunity for you! We are seeking a Senior Cash Application Specialist to join our dynamic team and play a vital role in ensuring the seamless flow of financial operations.

At Gallagher Bassett, we pride ourselves on fostering a collaborative and supportive work environment where your contributions are valued, and your career growth is prioritized. As a global leader in insurance and risk management, we offer the opportunity to work with a team of industry experts and make a difference in the lives of our clients.

Key Responsibilities

As a Senior Cash Application Specialist, you will be at the heart of our financial operations, ensuring accuracy and efficiency in cash application processes. Your responsibilities will include:

  • Payment Processing: Accurately and promptly process incoming payments (checks, ACH, wire transfers, etc.) to client accounts.
  • Discrepancy Resolution: Investigate and reconcile payment discrepancies, collaborating with internal teams and clients to resolve issues.
  • Record Maintenance: Maintain detailed and organized records of cash application activities, ensuring compliance with company policies and audit requirements.
  • Problem Solving: Research and resolve unapplied or misapplied payments, ensuring all accounts are up-to-date and accurate.
  • Team Leadership: Oversee and manage the activities of the GCOE Cash Application Team, fostering collaboration and driving efficiency. Streamline processes to enhance productivity and ensure seamless operations.
  • Team

    Collaboration:

    Partner with collections and accounts receivable teams to streamline financial operations and enhance efficiency.
  • Reporting: Prepare and analyze daily, weekly, and monthly reports on cash application activities to support decision-making.
  • Audit Support: Assist with audits by providing accurate documentation and insights as needed.
About You

Required:

  • A Bachelor’s degree and at least 4 years of related experience.
  • Proficiency in Microsoft Excel and financial management software.

Preferred:

  • A Bachelor’s degree in Accounting or Finance is highly preferred.
  • Strong analytical skills and a proactive approach to problem-solving.
  • Exceptional organizational skills and attention to detail.
  • The ability to work independently and collaboratively within a team.

#LI-KK3

Compensation and Benefits

We offer a competitive and comprehensive compensation package. The base salary range represents the anticipated low end and high end of the range for this position. The actual compensation will be influenced by a wide range of factors including, but not limited to previous experience, education, pay market/geography, complexity or scope, specialized skill set, lines of business/practice area, supply/demand, and scheduled hours.

On top of a competitive salary, great teams and exciting career opportunities, we also offer a wide range of benefits.

Below are the minimum…

Position Requirements
10+ Years work experience
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