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Insurance Payable Analyst
Risk Strategies
Date Posted:
1/23/2025
Remote Work Level:
100% Remote
Location:
US NationalJob Type:
Employee
Job Schedule:
Full-Time
Career Level:
Experienced
Travel Required:
Yes
Education Level:
Bachelor's/Undergraduate Degree
Salary:
50,000 - 65,000 USD Annually
Categories:
Benefits:
Health Insurance, Dental Insurance, Vision Insurance, Life Insurance, Retirement Savings, Disability
About the Role
Insurance Payable Analyst
Remote
Full time
JR102094
As an Insurance Payable Analyst, you will play a vital role in our financial operations, focusing on tasks related to payment processing, discrepancy resolution, reconciliation, and support for Account Managers.
Your exceptional attention to detail, strong customer service skills, and problem-solving abilities will be essential in successfully carrying out this role. You will be responsible for reconciling assigned carriers, ensuring compliance with payment terms, and facilitating agency bill functions within Risk Strategies.
Your Impact:
- Review and approve daily payments completed by the Insurance Payable Processors
- Regularly reconcile carrier statements, and invoices that are billed in the agency management system to the carrier documentation. All carriers required to be reconciled minimally every 60 days
- Ensure that the Insurance payable processor completes payments in a timely manner and adheres to carrier payment terms
- Handle cancellation notices with sensitivity and ensure immediate processing
- Review and work through tasks assigned by RSP, sending emails to account managers, carriers, or brokers to settle discrepancies and follow up and escalate as needed.
- Request banking information changes in AMS and notify the accounting supervisor to update the Smartsheet and D365 accordingly
Successful Candidates Will Have:
High School Diploma or equivalent (Bachelor’s degree in accounting or related field preferred)
- 1-3 years’ experience within accounts payable required, insurance accounting recommended
- Experience with AMS360 and/or Worksmart a definite plus
- Strong attention to detail and accuracy in financial transactions
- Strong Customer Service and time management skills
- Proficiency in using accounting software and Microsoft Office Suite including Smartsheet
Additional Information:
This position is remote; however, travel may be required for training, meetings, and other collaborative activities
At Risk Strategies Company, base pay is one part of our total compensation package, which also includes a comprehensive suite of benefits, including medical, dental, vision, disability, life, and retirement savings, The total compensation for a position may also include other elements dependent on the position offered.
The expected base pay range for this position is between $50,000.00 - $65,000.00.
The actual base pay offered may vary depending on multiple individualized factors, including geographical location, education, job-related knowledge, skills, and experience.