This job is closed
Applications are no longer available for this announcement. Explore current related opportunities below.
Job description
Premium Billing Reconciliation Specialist IWhen it comes to making a meaningful difference in the lives of our customers and employees, USAble Life is always ready. We are a diverse group of individuals working together to go the extra mile. Through our DEI initiatives, employees feel empowered to bring their talents and voice to our culture.Our passion for delivering the best products is matched only by our passion for our people. We are committed to making a meaningful difference in the lives of others which extends beyond our office walls. USAble Life has a long tradition of supporting our communities, and we're proud of the fact that our employees share that commitment.We have been recognized as a "Best Places to Work" in Arkansas, Florida, and Hawaii. You'll be rewarded with opportunities for personal and professional development and opportunities for advancement. This, coupled with our engaging culture and a comprehensive benefits package, ensures we are committed to our employees.Check out how we make a meaningful difference in the lives of others!What We Offer You:A culture that values employees and celebrates, empowers, and inspires a diverse workforceOutstanding comprehensive benefits packagePTO provided at date of hire11 paid holidays401(k) with up to 6% match; fully vested from day 1Remote opportunities with company-provided equipmentTeam-oriented, collaborative group of peersCareer advancement opportunitiesTuition ReimbursementEmployee Assistance ProgramInclusion Council and Employee Resource GroupsRecharge Days and Volunteer Time OffThis is a multi-level position.This is a remote position.Life Takes You Places! Are you ready to join us?Compensation:Pay Transparency: Our salary ranges are structured to provide opportunities for growth and advancement within a role. As a result, most new hires are placed between the minimum and midpoint of the range based on qualifications and experience, while the top of the range is generally reserved for employees who have demonstrated sustained expertise and performance in the position. Anticipated pay for new hires is between $41,000 and $48,000. The full pay range for the Premium Billing Reconciliation Specialist I is $41,000 to $62,900. Pay is based on non-discriminatory factors including but not limited to work experience, education, location, licensure requirements, proficiency and qualifications, and company tenure & equity. In addition to base compensation, this role is eligible for an annual incentive plan based on company performance and individual performance.Before You Apply: Please review these qualifications carefully before applying. This role is best suited for candidates with experience in accounting, insurance premium administration, reconciliation, or other analytical financial operations functions. Candidates without experience researching complex payment discrepancies, reconciling financial transactions, analyzing premium or billing data, and working extensively in Excel may be less competitive for this role.2-4 years of experience in accounting, financial operations, insurance administration, premium billing, or a related analytical roleExperience researching and resolving payment discrepancies, account variances, or reconciliation issuesStrong analytical and problem-solving skills with the ability to interpret and reconcile financial dataIntermediate Microsoft Excel skills, including formulas, PivotTables, VLOOKUPs, and data analysisOverview:A Premium Billing Reconciliation Specialist performs a wide range of accounting and analytical functions related to reconciling individual and group premium payments for Life, Supplemental and Disability insurance policies. This is not a traditional billing or accounts receivable role compromised of sending invoices and matching payments. Every insurance premium payment presents a new puzzle and requires a high level of analytical and reconciliation skills to solve it.A Premium Billing Reconciliation Specialist I will:Reconcile and process premium billings and balances daily reports.Maintain and research premium suspenseGenerate premium refunds and correspondence.Perform member and group terminationsPerform member level reconciliationsEssential Duties:Analyze, process and accurately reconcile and post group payments in a timely manner.Analyze and research suspense on the groups to ensure premiums are posted correctly.Complete payment audits for groups in MS Excel.Achieve acceptable quality and productivity benchmarks by multi-tasking in high volume environment on a daily basis.Have excellent written communication skills, strong product knowledge and procedure expertise.Work collaboratively with internal customers to meet established departmental service level goals.May perform other duties as assigned based on department needs.Required Knowledge, Skills, and Abilities:Ability to perform complex reconciliation and administrative research in servicing systemAbility to analyze financial premium data and communicate results.Outstanding research and reconciliation skills10-key skillsIntermediate MS Excel skills to include spreadsheet formatting, formulas, pivot tables, and VLOOKUPsExcellent verbal and written communication skills and ability to compose professional correspondenceExcellent analytical and critical thinking skillsAbility to maintain attention to detailAbility to maintain a low error rateAbility to prioritize, multi-task, and meet tight deadlinesAbility to handle confidential informationRequired Education and Experience:High School Diploma or Equivalent2- 4 years working in general accounting with understanding of related concepts and practices,Experience in a role requiring heavy research and reconciliationPreferred Education and Experience:Life, Supplemental and Disability insurance premium experienceLOMA 280 & 290; FLMI Bachelors degree or some college course workThis job description is intended to convey information essential to understanding the scope of the position and its general requirements. It is not exhaustive and may be subject to modification at any time to meet the evolving needs of the organization.Equal Opportunity Employer This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.
Worksite address
little rock, AR, 72223, US
Who can apply
Review the original listing for work authorization, qualifications and employer requirements.