Premium Billing Reconciliation Specialist -- Remote or Hybrid

USAble Life•Little Rock, AR

14h•$41,000 - $54,000•Hybrid

About The Position

USAble Life is seeking a Premium Billing Reconciliation Specialist to perform a wide range of accounting and analytical functions related to reconciling individual and group premium payments for Life, Supplemental, and Disability insurance policies. This role is not a traditional billing or accounts receivable position focused on sending invoices and matching payments. Instead, every insurance premium payment presents a unique challenge requiring a high level of analytical and reconciliation skills to solve. The position is multi-level and can be performed remotely or in a hybrid capacity. USAble Life is committed to making a meaningful difference in the lives of its customers and employees, fostering a diverse and inclusive culture, and has been recognized as a "Best Places to Work" in multiple states. Employees are offered opportunities for personal and professional development, advancement, and a comprehensive benefits package.

Requirements

2-4 years of experience in accounting, financial operations, insurance administration, premium billing, or a related analytical role
Experience researching and resolving payment discrepancies, account variances, or reconciliation issues
Strong analytical and problem-solving skills with the ability to interpret and reconcile financial data
Intermediate Microsoft Excel skills, including formulas, PivotTables, VLOOKUPs, and data analysis
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.
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