World Insurance Associates LLC
Posted 24 days agoVerified live 17h ago
Carrier Payment Analyst
Brief overview
Remote
UndergradOr in progress
1+ yrsMinimum
Insurance Industry KnowledgeMicrosoft ExcelApplied EpicOrganization and PrioritizationProfessional Communication and Negotiation
About the company
World Insurance Associates LLCworldinsurance.com
World is a leading financial services organization that uses its vast resources and industry expertise to empower people to make informed decisions to improve their risk management and financial outcomes.
Job description
Summary
World Insurance Associates is an insurance organization providing personal and commercial insurance, employee benefits, and related financial services. The Carrier Payment Analyst submits accurate and timely payments to insurance carriers, resolves billing discrepancies and reconciliation issues, maintains payment documentation, and supports carrier audits and accounting processes.
Responsibilities
- 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
Skills
- 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
- Insurance industry experience preferred
- Knowledge of Applied Epic a plus
Qualifications
Must Haves
- 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
Nice to Haves
- Insurance industry experience preferred
- Knowledge of Applied Epic a plus
Benefits
- Fully remote role with periodic travel as required
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