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Reconciliation Specialist

Company: benefitexpress
Location: Schaumburg
Posted on: May 31, 2021

Job Description:

Premium Accounting and Reconciliation Specialist

Benefitexpress is a leader in cloud-based solutions for benefits administration. Our platforms are used by well-known brands in healthcare, retail, education and government.

By offering technology that integrates all benefits, in a one-stop-shop, benefitexpress provides simplicity to complex plans and offers a very custom-made experience to engage and educate employees while offering employers an ease of benefit management that is unmatched in the market. benefitexpress provides a full range of services including; benefit enrollment, management and administration as well as direct bill services, reimbursement account administration, carrier bill reconciliation, total compensation statements, and a full-service call center.

By joining our team, you become part of the future of benefits delivery.

What we need:

We currently have an opening for a Premium Accounting and Reconciliation Specialist located in our corporate offices in Schaumburg, IL. The Premium Accounting and Reconciliation Specialist will work daily performing analysis and reconciliation of client billing statements from carriers, internal systems and flexible spending accounts.

What you will do:

  • Reconcile monthly bank statements for clients.
  • Notify client what needs to be paid, or request funds from the client and submit the payment on behalf of the client.
  • Process all premium payments and premium reports.
  • Reconcile client invoices from carriers.
  • Run all monthly reports, checking balancing, billing reports, eligibility listings, timely and efficiently.
  • Update data as required from regularly run client edits and verify changes based on department peer review standards.
  • Critically examine very detailed information.
  • Communicates directly with insurance carriers to make updates and keep eligibility in sync.
  • Works daily on client services questions/issues and is responsible for following up with the correct answers to the client or carrier.
  • Fulfill other duties as required.

What you will need:

  • College degree or equivalent work experience
  • 1-3 years in the benefits field
  • Accounting/Finance experience a plus

Why work here:

At benefitexpress, we ask a lot of our employees, which is why we give so much in return. In addition to your competitive salary, we offer the following perks:

  • Medical/Dental/Vison
  • 401(K) with Employer Match
  • Generous PTO policy
  • Voluntary benefits including Pet Insurance, FSA, and HSA Accounts
  • Expand your knowledge with our tuition reimbursement program
  • Opportunities for career development including external events and internal Lunch and Learns with a promote from within philosophy
  • Be comfortable at work with our business casual dress code
  • Give back to your community with paid volunteer time to participate in a project of your choosing

We require a post-offer background check. Equal Opportunity Employer.

Keywords: benefitexpress, Schaumburg , Reconciliation Specialist, Other , Schaumburg, Illinois

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