An Accounting Analyst creates effective financial data analysis for their company. Develops financial documentation for organizational decision-makers and interpret large amounts of accounting reports for future financial decisions. Ensures accurate transaction records, evaluates financial processing, and controls transaction processes. Also analyzes and verifies company records following organizational rules and industry privacy standards, and has access to control data integration.
Carrier Payment Analyst World Insurance Associates
LLC - 2.3
Iselin, NJ Job Details Full-time 4 hours ago Qualifications Bachelor's degree in finance Bachelor of Science Spreadsheets Research Mid-level Finance Financial issue resolution Invoice matching Invoice payment processing Analysis skills Bachelor's degree Financial records management Financial record maintenance Compliance documentation Invoice reconciliation Organizational skills Insurance (Financial sectors) Bachelor's degree in accounting Billing troubleshooting Accounting Communication skills Invoice dispute resolution Accounting support Negotiation Stakeholder relationship building Audit support Full Job Description Description Carrier Payment Analyst Summary World Insurance Associates is a unique insurance organization offering top products and services from major providers, combined with attentive service from local agents. Founded in 2011, World is one of fastest-growing insurance brokers in the U.S. with over 2,200 employees in over 210 offices across North America. We specialize in personal and commercial insurance lines, surety and bonding, employee benefits, financial and retirement services, and human capital management solutions. Role and Responsibilities The Carrier Payable Analyst is responsible for submitting timely and accurate payments to insurance carriers. Working closely with account teams and service leaders, this position will also be responsible for assisting in the review and resolution of billing discrepancies, unpaid items, and reconciliation problems. The Carrier Payable Analyst must communicate effectively with carriers and internal contacts to align with company guidelines and contract requirements, maintain payment documentation and exception reporting, and collaborate with other members of the Carrier Payables team and the Agency Bill Manager on World's accounting processes and procedures. This is a fully remote role with periodic travel as required.
ESSENTIAL DUTIES AND RESPONSIBILITIES
include the following. Other duties may be assigned to meet business needs. Verifies invoicing against carrier documents and initiates resolution of any differences. Prepares, reconciles and initiates timely payment of selected company payables. Ensures timely collection and recording of return premium from the carriers. Builds relationships with carrier representatives and internal stakeholders Maintains payment documentation thoroughly and accurately, in accordance with company policy and accepted accounting practices Assists in providing documentation for carrier audits and acts as a resource during audits. Research and responds to all carrier questions upon request. Attend meetings and training sessions to remain informed of organizational initiatives and objectives Special projects and other duties as assigned.
Hours:
8:00 - 5:00 Qualifications
EDUCATION, SKILLS, AND EXPERIENCE
Insurance industry experience preferred Bachelor of Science degree in Accounting or Finance or equivalent education/experience. Proficiency in Excel Strong analytical and problem-solving skills Strong organizational skills with the ability to prioritize high volume and time sensitive transactions. Ability to work independently and on a team High degree of professional communication and tactful negotiation skills. Knowledge of Applied Epic a plus Equal Employment Opportunity At World Insurance Associates (WIA), we celebrate and support our differences. We know employing a team rich in diverse thoughts, experiences, and opinions allows our employees, our products, and our community to flourish. WIA is honored to be an equal opportunity workplace. We are dedicated to equal employment opportunities regardless of race, color, ancestry, religion, sex, national orientation, age, citizenship, marital status, disability, gender identity, sexual orientation, or Veteran status. In addition, WIA makes reasonable accommodations to known physical or mental limitations of an otherwise qualified applicant or employee with a disability, unless the accommodation would impose an undue hardship on the operation of our business.
