Premium and Billing Specialist

StanCorp Financial Group, Inc; Oregon; On-site; USD 49,000 - 66,000; Full time

Benefits offered by this job

Medical insurance

Dental insurance

Vision insurance

401(k) with company match

Annual incentive bonus

Paid time off

Parental leave

Job summary

The Standard family company StanCorp Financial Group, Inc is seeking a Billing Specialist to perform routine and complex accounting functions for premium application and billing services, including payment processing and reconciliation. You will interact with policy owners, brokers, MGAs, and internal teams while ensuring compliance and accurate financial reporting.

Ideal candidates will have 2+ years in medical or insurance billing, strong spreadsheet skills, and experience with financial

Qualifications

• High School Diploma or equivalent required.
• Associate’s degree in accounting preferred.
• Minimum 2 years of medical or insurance billing.
• 2+ years customer service experience.
• Experience with general accounting principles and financial systems.
• Strong billing and reconciliation experience.
• Advanced spreadsheet and PC skills.
• Strong communication and problem-solving skills.

Responsibilities

• Input and reconcile premium payments in ID3 system.
• Research and process accounting transactions and adjustments.
• Manage wire transfers, cash clearing, and inter-company payments.
• Communicate with policy owners, brokers, MGAs, and internal teams.
• Maintain billing documentation and support financial reporting compliance.

Education

High School Diploma

Associate’s degree in accounting

Tools

ID3 system

Financial systems

Job description

The next part of your journey is right around the corner - with The Standard. A genuine desire to make a difference in the lives of others is the foundation for everything we do. With a customer-first mindset and an intentional focus on building strong teams, we’ve been able to uphold our legacy of financial stability while investing in new, innovative technologies that support the needs of our customers. Our high-performance culture focused on operational excellence thrives thanks to remarkable people united by compassion and a customer-first commitment. Are you ready to make a difference?

Job Summary

This role is responsible for performing routine and complex accounting functions to ensure accurate financial reporting and premium disbursements. The position focuses on Guaranteed Standard Issue (GSI) and individual disability insurance premium application and billing services, including payment processing, reconciliation, and customer communication. The Billing Specialist will manage transactions across multiple systems, maintain compliance documentation, and build strong relationships with internal and external stakeholders.

Key Responsibilities

• Input and reconcile premium payments in ID3 system
• Research and process accounting transactions and adjustments
• Manage wire transfers, cash clearing, and inter-company payments
• Communicate with policy owners, brokers, MGAs, and internal teams
• Maintain billing documentation and support financial reporting compliance

* This position requires availability to work a schedule of 7:00 a.m. to 4:00 p.m. PST

Skills and Background

You’ll Need Education: High School Diploma or equivalent required. Associate’s degree with advanced coursework in accounting preferred.

Experience: Minimum 2 years of medical or insurance billing. 2+ years customer service experience. Experience with general accounting principles and financial systems. Strong billing and reconciliation experience. Advanced spreadsheet and PC skills. Strong communication and problem-solving skills.

Key Behaviors of a Successful Candidate

Driving Success: Acts with urgency, pursues ambitious goals and shows resilience in the face of obstacles and setbacks.

Adaptability: Sees possibilities in changing circumstances, accepts and understands change and alters behavior as necessary.

Customer Focus: Understands and anticipates both internal and external customer needs and develops customer-inspired solutions that exceed expectations.

Why Join The Standard?

We have built an enduring legacy of stability, financial strength and exceptional customer service through the contributions of the service-oriented people who choose to work at The Standard.

• A rich benefits package including medical, dental, vision and a 401(k) plan with matching company contributions
• An annual incentive bonus plan
• Generous paid time off including 11 holidays, 2 wellness days, and 8 volunteer hours annually - PTO increases with tenure
• A supportive, responsive management approach and opportunities for career growth and advancement
• Paid parental leave and adoption/surrogacy assistance
• An employee giving program that double matches your donations to eligible nonprofits and schools

In addition to the competitive salary range below, our employee-focused benefits support work-life balance.

Learn more about working at The Standard.

Eligibility to participate in an incentive program is subject to the rules governing the program and plan. Any award depends on a variety of factors including individual and organizational performance. The actual compensation for this role will be based on a combination of education and experience, knowledge and skills, position budget, internal equity, and market data.

Salary Range: 23.56 - 31.49

Positions will be posted for at least 5 days from original posting date.

Standard Insurance Company, The Standard Life Insurance Company of New York, Standard Retirement Services, Inc., StanCorp Mortgage Investors, LLC, StanCorp Investment Advisers, Inc., and American Heritage Life Insurance Company and American Heritage Service Company, marketed as The Standard, are affirmative Action/Equal Opportunity employers.

All qualified applicants will receive consideration for employment without regard to race, religion, color, sex, national origin, gender identity, sexual orientation, age, disability or veteran status or any other condition protected by federal, state or local law.

Except where precluded by state or federal law, The Standard will consider for employment qualified applicants with arrest and conviction records pursuant to the San Francisco Fair Chance Ordinance.

The Standard offers a drug- and alcohol-free work environment where possession, manufacture, transfer, offer, use of or being impaired by an illegal substance while on The Standard's property, or in other cases which the company believes might affect operations, safety or reputation of the company is prohibited.

The Standard requires a criminal background investigation and employment, education and licensing verification as a condition of employment.

After any conditional offer of employment is made, the background check will include an individualized assessment based on the applicant’s specific record and the duties and requirements of the specific job.

Applicants will be provided an opportunity to explain and correct background information.

All employees of The Standard must be bondable.

The Standard is a family of companies dedicated to helping its customers achieve financial well-being and peace of mind.

In business since 1906, we’re a leading provider of group and individual disability insurance, group life, dental and vision insurance, voluntary (employee-paid) benefits, absence management services, and retirement plans and annuities for employers and individuals.

For more information about The Standard, visit www.standard.com or follow us on LinkedIn and Instagram.