Reinsurance Analyst 2 Position Available In Gwinnett, Georgia

Reinsurance Analyst 2 Reinsurance Analyst 2
locations
Duluth, GA
time type
Full time
posted on
Posted 30+ Days Ago
job requisition id
R-062:022025
Join Our Team
In 2022, the Atlanta Journal-Constitution named Primerica one of the best places to work for the ninth consecutive year. Also in 2022, Primerica was named one of the Best Employers for Diversity by Forbes for the second consecutive year. Forbes also named Primerica as one of America’s best Insurance companies for 2022. Primerica ranks 6th among 25 companies included in the Term Life Insurance category. Over the past seven years Primerica has consistently been voted Best Employer by Gwinnett Magazine in its special “Best of Gwinnett” winner editions. Primerica is a great place to work! Join our team to experience what it’s like to work at “one of the best places to work in the metro Atlanta”.
About this Position
This position helps ensure the administration of the reinsurance claim billing system is accurate and complete. This role will help verify that all new claims are properly billed, all claim payments to the beneficiaries are accurately reflected in the reinsurer bills, and that the payments from the reinsurers are recorded in the accounting ledgers. This pool of work will be shared by other team members and a subset of these responsibilities will be assigned daily by management to be completed normally by the end of the day.
This is a hybrid position.
The estimated salary range for this position is: 50K-55K
Responsibilities & Qualifications
Essential Job Duties and Responsibilities
Reconcile the new daily claims set up in reinsurance billing system to the new daily reported claims from claims reports. Research all claim exceptions that were not set up and determine proper billing records needed. Input missing billing records into the reinsurance billing system after management approves. Check for errors on all the daily claims in the reinsurance billing system by running queries and resolve if any errors are identified. Prepare month end reconciliation between pending amounts held by claims and by the reinsurance billing system.
Ensure that the new daily claim benefit payments disbursed to the beneficiaries are accurately reflected to the payments updated in the reinsurance billing system. Research all claim payment exceptions that were not set up and determine proper update needed. appropriate updates to the reinsurance billing system after management approves. Check for errors on all the daily claim payments in the reinsurance billing system by running queries and resolve if any errors are identified. Prepare month end reconciliation between paid amounts held by claims and by the reinsurance billing system and provide to management for review.
Determine which claims are being paid and their amounts by the reinsurer wire amounts and request documentation from the reinsurers if unclear. Once documentation is received, record each reinsurer’s wire amount for that day into the reinsurance billing system. Check for errors on all the daily wire amounts recorded by running queries and resolve if any errors are identified.
Provide responses to reinsurer inquiries. Request documents from claims department on claims with high face amounts. Redact and send to the appropriate reinsurers once documents are received. Accumulate all necessary month end reports for each reinsurer and send to the appropriate reinsurer. Provide weekly billing update reports to reinsurers. Create report with ages of recoverable claim payments owed to company from the reinsurers and provide to management and reinsurers.
Research and input Facultative reinsurance cessions daily in order for new Facultative reinsurance premiums to be paid correctly. Correct claims in the reinsurance billing system found by management to be incorrectly billed and process refunds to the reinsurers who have overpaid. Create bills in the reinsurance billing system for investigation and legal expenses shared by the reinsurers. Create new bills in reinsurance billing system for newly litigated claims. Create journal entries for accounting as needed.
Serve as back up to supervisor in reviewing daily work if needed.
Responsible for putting together expense accruals, creating the Journal in Workday
Monthly Reconciliations, balancing and reporting recoverables, pending, litigation
Minimum Qualifications
Bachelor’s degree in Business Administration or Accounting or equivalent experience
Proficient with Microsoft Word and Excel
Basic knowledge and understanding of Accounting
Excellent attention to detail and problem solving capabilities
Excellent organization skills, flexibility and ability to work on numerous projects concurrently
Self-motivated
Knowledge of reinsurance operations, administration, and billing systems as well as life claim operations
Relational database experience ​
#LI-ND1
FLSA status:
This position is exempt (not eligible for overtime pay):
No

Our Benefits:

Day one health, dental, and vision insurance
401(k) Plan with competitive employer match
Vacation, sick, holiday and volunteer time off
Life and disability insurance
Flexible Spending Account & Health Savings Account
Professional development
Tuition reimbursement
Company-sponsored social and philanthropy events
It has been and will continue to be the policy of Primerica, Inc., and its subsidiaries to be an Equal Opportunity Employer. We provide equal opportunity to all qualified individuals regardless of race, sex, color, religious creed, religion, national origin, citizenship status, age, disability, pregnancy, ancestry, military service or veteran status, genetic or carrier status, marital status, sexual orientation, or any classification protected by applicable federal, state or local laws.
At Primerica, we believe that diversity and inclusion are critical to our future and our mission – creating a foundation for a creative workplace that leads to innovation, growth, and profitability. Through a variety of programs and initiatives, we invest in each employee, seeking to ensure that our people are not only respected as individuals, but also truly valued for their unique perspectives.
Join Our Team
Our Company headquarters is located in Duluth, GA. The 367,000-square-foot building houses employees who provide first-class support to our sales force as they build their business and serve clients.
Our Benefits
Day one health, dental, and vision insurance
401(k) Plan with competitive employer match
Vacation, sick, holiday and volunteer time off
Life and disability insurance
Flexible Savings Account & Health Savings Account
Professional development
Tuition reimbursement
Company-sponsored social and philanthropy events