Premium Billing Specialist

Socket.dev; Lincoln (NE); On-site; USD 50,000 - 70,000; Full time

Benefits offered by this job

Health insurance

401k plan with generous employer match

Paid time off

Paid holidays (12)

Life insurance

Short- and long-term disability

Employee assistance program

Professional development & tuition

Job summary

5Star Life Insurance Company in Lincoln, NE seeks a Premium Billing Specialist to join the Policy Administration team. You will apply payments to groups and individuals, reconcile discrepancies, and support account managers and new business teams.

The role requires HS diploma or some college, basic financial accounting experience, and strong Excel/Office skills. You will respond to agent inquiries, assist with portal training, and help prepare reports and tax forms with accuracy.

Qualifications

• HS diploma, some college preferred.
• Experience in basic financial accounting.
• Strong proficiency in Excel and Office tools.

Responsibilities

• Apply payments to groups and individuals and reconcile discrepancies.
• Support Account Managers and New Business teams with agent accounts.
• Respond to agent emails/calls and provide requested information.
• Assist in portal training and provide general information.
• Prepare, review and disseminate reports and tax forms as needed.

Skills

Analytical thinking

Time management

Communication

Organizational skills

Presentation skills

Financial concepts

Education

HS diploma

Some college preferred

Tools

SalesForce

Microsoft Word

Microsoft Office

Job description

General Description

At 5Star, customer experience is our differentiator. The Premium Billing Specialist is an important part of the Policy Administration team. Processing payments efficiently and accurately, this role will interact regularly with both our internal sales and support teams, as well as external agents and groups. This role ensures that our external partners and customers receive the information they need in a timely manner, developing relationships through friendly and accurate interactions.

Essential Duties and Responsibilities

• This role will primarily focus on applying payments received to groups and individuals, reconciling as needed and working with internal teams and external clients to resolve discrepancies.
• Additionally, this role will help support Account Managers and New Business teams in ensuring agent accounts are accurate.
• Responding to agent emails and calls, the Specialist will provide requested information, reset log-in passwords, assist in agent portal training, and provide general information requested.
• On an ad-hoc basis, the Specialist will assist in the preparation, review, and dissemination of various reports and tax forms, including Schedule As, Form 5500s, commission payment schedules, and other items as needed, and provide information to support internal and external audits.

Education, Licensure, Certification, and Experience

• HS diploma, some college preferred
• Experience in basic financial accounting
• Strong proficiency in Excel

Knowledge, Skills, and Abilities

• Analysis and comprehension skills
• Knowledge of basic financial concepts
• Familiarity with using Microsoft tools such as Word and other Office products
• Familiarity with SalesForce
• Working understanding of insurance business and processes
• Excellent time management skills
• Good command over spoken and written communication
• Ability to thrive under own direction and as part of a larger project team
• Organizational and presentation skills

Benefits we offer

• health insurance (medical, dental, and vision)
• flexible spending accounts (medical and dependent care)
• 401k plan with generous employer match
• paid time off
• paid holidays (12)
• life insurance
• short- and long-term disability insurance
• employee assistance program
• professional development & tuition reimbursement
• career growth opportunities
• on-site gym and locker rooms (Alexandria, VA office only)
• friendly, collaborative culture

Qualified people of all races, ethnicities, ages, sex, genders, sexual orientations, national origins, gender identities, marital status, religions, veterans' statuses, disabilities, and any other protected classes are strongly encouraged to apply. As an equal opportunity workplace, we are committed to creating an inclusive environment for all employees. AFBA and 5Star Life Insurance Company endeavors to make reasonable accommodations to the known physical or mental limitations of qualified applicants with a disability unless the accommodation would impose an undue hardship on the operation of our business. If an applicant believes they require such assistance to complete the application or to participate in an interview, or has any questions or concerns, they should contact Human Resources([e-mail]). EEO is the Law (Link to external DOL site). AFBA and 5Star Life Insurance Company is an Equal Opportunity Employer and an E-Verify Employer.