Premium Reconciliation Specialist Position Available In Richland, South Carolina

Premium Reconciliation Specialist TSR Consulting Services, Inc

• 3.

8 Columbia, SC Job Details Contract $22 an hour 14 hours ago Benefits Health insurance Dental insurance Vision insurance 401(k) matching Qualifications Microsoft Powerpoint Microsoft Word Insurance third-party billing Microsoft Excel Microsoft Outlook Mid-level Microsoft Office Analysis skills Bachelor’s degree Pivot tables 1 year Communication skills Full Job Description 6 month contract to perm W2 ONLY !

Job Summary:

In partnership with our internal business partner, BPO (Business Process Outsourcing) this position will be responsible for premium reconciliation, discrepancies, and monitoring policies’ financial status for all distribution channels. The Premium Reconciliation Specialist is expected to perform and prioritize billing and/or premium functions, executing tasks and responsibilities while building and maintaining positive relationships with internal and external clients. Direct ownership of a block of business as it relates to premium management.

Job Responsibilities:

Effectively manage a block of multiple policies and accounts from a premium accounting and billing standpoint. Work with the BPO Team to ensure accuracy of premium payments and application. Conduct premium payment audits when required to help clients identify incorrect or missing payments. Communicate policy financial status to internal and external partners. Responsible for past due management, billing discrepancies, and error templates for assigned block. This includes lapsing, payment collections, and member detachment. Communicate and collaborate with internal departments including client services, underwriting, and others to provide timely and effective resolution to any premium or billing challenges, changes, updates, or errors; effectively communicate findings to the appropriate parties; take initiative and follow-through as the liaison with other internal departments as necessary. Partner with the client finance representative on any communication necessary to resolve billing vs. remittance challenges and past due invoices. Responsible for suspense management, unapplied premiums, and reconciliation for assigned block. Develop and maintain positive relationships and rapport with internal and external clients. Attend Implementation calls with new groups to serve as the SME for billing-related matters and present billing options. Provide on-going client support for premium and billing to ensure members no longer employed by the group are appropriately transitioned to direct billing. Provide any premium reports to necessary areas to continue servicing the account. Handle salesforce items to resolution for enforce customers. Partner with necessary areas on account reviews and audits to highlight broker or client concerns with the account overall and assist with development of action plans to address issues, risks, and opportunities. Perform other duties as assigned. Skills Relationship and collaboration skills with internal and external clients and partners Analytical skills

• This position requires strong must be proficient with Excel utilizing Pivot tables, Vlookup, and standard formulas Communication
• written and verbal communication with participation in internal, as well as external calls and/or Webex meetings Judgment
• the role is part of the CWB Premium and Billing team and collaborates as part of the team, as well as with cross-functional partners, and will work independently managing a block of business (as noted under responsibilities Organizational skills Problem resolution to meet the diverse needs of our clients.

Education and Experience 4-year college degree or equivalency strongly preferred; equivalent work experience may substitute Experience with group insurance premium/billing. 2 years of group benefits insurance industry experience preferred. At least 2 years direct customer-facing experience with brokers and employers Proficient in MS Office Outlook

• be responsible for managing their own calendar, and sending and replying to emails within their own inbox, as well as the billing inquiry o Word
• many templates that are utilized o PowerPoint
• Many meetings utilize PP for training and presentation decks; needs to have the ability to review and navigate through the decks as necessary.

There is also potential to create or contribute to the creation of PP decks.

JOB ID:

82434

Job Type:

Contract Pay:

$22.00 per hour Expected hours: 40 per week

Benefits:

401(k) matching Dental insurance Health insurance Vision insurance

Schedule:

8 hour shift Monday to

Friday Education:

Bachelor’s (Preferred)

Experience:

Insurance Premium Billing:

1 year (Required)

Work Location:

In person