Group Premium Billing Coordinator

ullico inc.; Bethesda (MD); On-site; USD 52,000 - 78,000; Full time

Benefits offered by this job

Health/Dental/Vision

Pension

401K

Health Savings Account

Life Insurance

Paid Time Off

Job summary

Ullico Inc. in Silver Spring, MD is seeking a Group Premium Billing Coordinator within the Group Life and Health Department. You will review premium payments, process into the Group/ESL systems, and resolve discrepancies with clients.

The role involves handling complex premium transactions and providing strong customer service. The ideal candidate has an associate degree or equivalent, familiarity with Group Life/Health terminology, and up to five years of bookkeeping/billing experience, with

Qualifications

• Associate's degree or equivalent training/experience required.
• Familiarity with Group Life and Health terminology, especially billing and collections.
• Up to five years of bookkeeping/billing/collection experience preferred with MS Office skills.

Responsibilities

• Review premium payments for Group Life & Health and process into the Group system.
• Review Stop Loss payments and verify accuracy in ESL system; contact clients for discrepancies.
• Validate data from Group Due/Unpaid reports and mail delinquency letters after 31 days.
• Audit GFA for premium problems and adjust Group and ESL systems accordingly.
• Handle complex premium transactions including Flex Life, Rate Stabilization, deposits, and refunds.
• Provide customer service for billing inquiries to internal and external clients.
• Support special billing for specific group contracts and admin Flex Life cases.
• Remote deposit checks to lockbox accounts; back-up for commission processing.

Skills

Bookkeeping

Billing

Communication

Education

Associate's degree or equivalent

Tools

Microsoft Excel

Microsoft Word

Outlook

Job description

Union Labor Life Insurance Company is recruiting a Group Premium Billing Coordinator within the Group Life and Health Department located in our Silver Spring, MD office.

• Review Group Life & Health premium payments received in the lockbox against the amount due. Process the payments to the Group system. Analyze application of payments to verify the premium and lives information for accuracy. Follow up with client if there are any discrepancies.
• Review Stop Loss premium payment received on the lockbox against the amount due. Process the payments to the ESL system. Analyze application of payment to verify the premium and lives information for accuracy. Follow up with client if there are any discrepancies.
• Review Group Due & Unpaid premium reports; validate data and contact clients via email and telephone to resolve premium delinquencies. Mail system generated delinquency letters for Life & Health groups that have exceeded the 31 day grace period.
• Review GFA audits for any premium problems and make the appropriate adjustments to the Group and ESL systems.
• Process complex premium transactions in the Group System including Flex Life, Rate Stabilization, Premium Deposit, Non- Group and Refunds.
• Provide customer service for all billing inquiries to both internal and external clients.
• Coordinate, maintain and process the special billing for group contracts C-4127-Teamsters, G 8177 (MC104-B) and G0019 Loe 2000. -
• Responsible for handling the administration of the Flex Life cases.
• Remote deposit checks received in the home office to the appropriate Mellon and Bank of America lockbox accounts.
• Provide back-up support for commission processing.
• Provide back-up support for processing the lockbox receipts for both Group Life and Stop Loss.
• Scan and file documents based on department guidelines.
• Perform other job-related duties as assigned.

• Associate’s degree or equivalent training and/or experience.
• Familiarity with Group Life and Health terminology with an emphasis on Billing and collection practices.
• Up to five years of bookkeeping/billing and collection experience preferred with a working knowledge of the systems used to support these functions.
• Working knowledge of Microsoft Office and Windows, with a strong foundation in spreadsheets and word processing using Microsoft Excel and Word.
• Must take company Microsoft Excel, Microsoft Word and Outlook tests at an Intermediate level.
• Demonstrated oral and written communication skills.

For over 95 years, Ullico, the only labor-owned insurance and investment company, has been a proud partner of the labor movement. From insurance products for members, leaders and employers, to investments that have created thousands of union jobs, our customers continue to count on Ullico to protect them. The Ullico Inc. family of companies includes The Union Labor Life Insurance Company; Ullico Casualty Group, Inc.; Ullico Investment Company, Inc.; and Ullico Investment Advisors, Inc. Visit www.ullico.com.

We offer a competitive starting salary and an outstanding benefits package including:

• Health/Dental/Vision
• Pension
• 401K
• Health Savings Account
• Life Insurance
• Paid Time Off

Ullico is an Equal Opportunity Employer.

This organization participates in E-Verify.

Candidate Advisory: To protect applicants from recruitment fraud, all correspondence from our Human Resources department will originate from email addresses ending in @Ullico.com. We will never ask candidates to provide sensitive personal or financial information through any other email domain.