The Role
Reviews and processes Group Life, Health, and Stop Loss premium payments; reconciles amounts due, validates premium and lives data, resolves discrepancies and delinquencies, processes complex billing transactions, administers special billing cases, deposits checks, supports commissions and lockbox processing, and maintains billing records.
Summary Generated by Built In
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.
Responsibilities:
- 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.
Minimum Qualifications
- 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.
Skills Required
- Associate's degree or equivalent training and/or experience
- Familiarity with Group Life and Health terminology, particularly billing and collection practices
- Up to five years of bookkeeping, billing, and collection experience
- Working knowledge of systems supporting bookkeeping, billing, and collection functions
- Working knowledge of Microsoft Office and Windows
- Intermediate proficiency in Microsoft Excel, including successful completion of the company Excel test
- Intermediate proficiency in Microsoft Word, including successful completion of the company Word test
- Intermediate proficiency in Microsoft Outlook, including successful completion of the company Outlook test
- Strong spreadsheet and word-processing skills
- Demonstrated oral and written communication skills
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The Company
What We Do
For more than 90 years, Ullico Inc. has served the union workplace. From insurance products for union members and innovative risk management solutions for contractors and employers, to investments in commercial real estate projects that have created thousands of union jobs, Ullico is a proud partner of the American worker. Ullico Inc. is an insurance and financial services holding company whose subsidiary companies include The Union Labor Life Insurance Company; Ullico Investment Advisors Inc.; Ullico Investment Company, LLC; and Ullico Casualty Group LLC. Headquartered in Washington, D.C., Ullico Inc. also has regional offices in New York, Chicago, San Francisco and Silver Spring, Md. It is the only insurance and investment company that is labor-owned, which is why union members and employers across America trust Ullico with protecting their families, employees, businesses and investments. For additional information, visit www.ullico.com.
