Billing Specialist

🔥 0 minutes ago

🗽 New York – Remote

🗽 New York – Remote

💵 $17 - $22 / hour

⏰ Full Time

🟡 Mid-level

🟠 Senior

📊 Billing Specialist

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One80 Intermediaries

WebsiteLinkedInAll Job Openings

1001 - 5000 employees

🤝 B2B

💸 Finance

🏢 Enterprise

B2B • Finance • Enterprise

One80 Intermediaries is a highly specialized wholesale brokerage and program manager that provides innovative and comprehensive insurance solutions across the US and Canada. The firm offers market-leading access to major insurance markets in the US, UK, Canada, and Asia, with exclusive programs and in-house binding authority for a variety of insurance lines, including property & casualty, financial lines, personal lines, life insurance, medical stop loss risks, travel/accident and health, executive benefits, affinity business, and warranty coverage. Through its team of experts and numerous offices, One80 serves commercial companies, non-profits, public entities, associations, unions, and private individual risks. The company is known for its expertise, speed, and innovation in creating tailored insurance programs and specialty services for a wide range of industry segments.

📋 Description

• Administers billing and collection function, including both automated and manual billing processes • Prepares and reconciles reporting to remit premium to insurance carriers monthly • Reviews Interim Bill Invoices auto generated by system and releases according to established guidelines • Audits Automated Clearing House (ACH) billing and retiree pension deductions monthly for accuracy • Prepares month-end reconciliation for insurance carriers and provides check request to Finance unit • Processes unidentified cash and maximum age policy adjustments; processes premium refunds in accordance with established guidelines • Fulfills insurance carrier reporting requirements, works directly with carriers to resolve payment/reporting discrepancies, and performs system and/or manual adjustments as directed • Reconciles month-end commission calculations in response to sales representative request to account for lost or dropped commissions • Reconciles Daily Cash Report to ensure all variances have been applied and calculates policy cash surrender values and/or policy loan values in accordance with carrier specifications • Identifies and responds to billing/collection inquiries as presented by insureds or insurance carriers; resolves escalated insured complaints as referred by Customer Relations Representatives or management and aids customer service phones as needed

🎯 Requirements

• High school or general education degree (GED), Associate degree preferred • Minimum of 3 years of experience related to billing and customer service • Demonstrated proficiency with PC skills including MS Outlook, Excel, Teams, and Word • Prior experience working with labor unions, multiple billing cycles, insurance programs, and JMAX is a plus

🏖️ Benefits

• Health insurance • 401(k) matching • Flexible working hours • Paid time off • Professional development opportunities