Premium Billing Reconciliation Specialist

Job Description

REQUIREMENTS

• 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

Preferred Education and Experience:

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

Required Knowledge, Skills, and Abilities:

• 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

RESPONSIBILITIES

• 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.

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