Premium Billing Reconciliation Specialist -- Remote or Hybrid

External•Little Rock, AR

8d•$38,000 - $47,000•Remote

About The Position

When 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! https://player.vimeo.com/video/518665804 Overview: 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.

Requirements

Ability to perform complex reconciliation and administrative research in servicing system
Ability to analyze financial premium data and communicate results.
Outstanding research and reconciliation skills
10-key skills
Intermediate MS Excel skills to include spreadsheet formatting, formulas, pivot tables, and VLOOKUPs
Excellent verbal and written communication skills and ability to compose professional correspondence
Excellent analytical and critical thinking skills
Ability to maintain attention to detail
Ability to maintain a low error rate
Ability to prioritize, multi-task, and meet tight deadlines
Ability to handle confidential information
High School Diploma or Equivalent
2- 4 years working in general accounting with understanding of related concepts and practices, Experience in a role requiring heavy research and reconciliation

Nice To Haves

Life, Supplemental and Disability insurance premium experience
LOMA 280 & 290; FLMI
Bachelors degree or some college course work

Responsibilities

Reconcile and process premium billings and balances daily reports.
Maintain and research premium suspense
Generate premium refunds and correspondence.
Perform member and group terminations
Perform member level reconciliations
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.

Benefits

A culture that values employees and celebrates, empowers, and inspires a diverse workforce
Outstanding comprehensive benefits package
PTO provided at date of hire
11 paid holidays
401(k) with up to 6% match; fully vested from day 1
Remote opportunities with company-provided equipment
Team-oriented, collaborative group of peers
Career advancement opportunities
Tuition Reimbursement
Employee Assistance Program
Inclusion Council and Employee Resource Groups
Recharge Days and Volunteer Time Off