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Premium & Billing Specialist
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$46k-59k (estimate)
Full Time 1 Day Ago
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StanCorp Financial Group, Inc. is Hiring a Premium & Billing Specialist Near Portland, OR

At The Standard, you'll join a team focused on putting our customers first.
Our continued success is driven by a high-performance culture. We're looking for people who are collaborative, accountable, creative, agile and are driven by a passion for doing what's right - across the company and in our local communities.
We offer a caring culture where you can make a real difference, every day.

Ready to reach your highest potential? Let's work together.
Job Summary:
Perform routine and complex general accounting functions to provide accurate recording and reporting of company financial information and timely, accurate disbursements. Specializing in the handling of individual disability insurance premium application and billing services.
Principal Duties & Responsibilities:
Input payments to Individual system (ID3) to provide for timely and accurate processing of premium information in accordance with Sarbanes-Oxley regulations. Reconcile payments at the list bill and policy levels as needed; create manual bills when system bills do not accurately reflect accurate balance due. Ensure all entries include adequate documentation and approvals. Collection of premium and monitoring of paid behind status. Communicate any deficiencies to policy owners, list bill administrators or internal business partners and Management.
Research and process accounting transactions related to internal or external customer requests, including data from Individual systems and various clearing accounts; provide information and prepare adjusting entries as needed. Process accounting transactions on financial subsidiary systems and the general ledger; maintain other accounting records as directed.
Input direct entries from Cash Clearing, Wire transfers, and Inter-company transfers to provide for timely and accurate processing of customer payments. Communicate any discrepancies to policy owners, administrators, field force, and internal contacts. Daily processing of incoming wires, providing backup to other areas as needed on wire payments.
Build and maintain effective working relationships with policy owners, list bill administrators, brokers, Master General Agents, field force, and home office staff through proactive communication and problem resolution related to accurate policy and list bill administration. Process and manage stale dated checks and premium waivers as directed.
Build legally defensible billing and policy files for financial reporting compliance. Scan, document and image completed batches and billing changes.
Minimum Requirements:
o High School Diploma
o 2 years of accounting and finance experience
o 2 years of customer service experience.
o Advanced in the use of Microsoft Excel
o Must reside within 50-100 miles of Portland, OR
Preferred Requirements:
o Associate's degree in accounting
o Strong communication skills, written and verbal
Physical Demands:
N/A
Please note - the salary range for this role is listed below. In addition to salary, our package includes incentive plan participation and comprehensive benefits including medical, dental, vision and retirement benefits, as well as an initial PTO accrual of 164 hours per year. Employees also receive 11 paid holidays and 2 wellness days per year.
  • Eligibility to participate in an incentive program is subject to the rules governing the program and plan. Any award depends on various factors, including individual and organizational performance.
Salary Range:
21.51 - 28.73
Standard Insurance Company, The Standard Life Insurance Company of New York, Standard Retirement Services, Inc., StanCorp Equities, Inc. and StanCorp Investment Advisers, Inc., 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. 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 Standard 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, employment, education and licensing verification as a condition of employment. All employees of The Standard must be bondable.

Job Summary

JOB TYPE

Full Time

SALARY

$46k-59k (estimate)

POST DATE

05/02/2024

EXPIRATION DATE

05/15/2024

WEBSITE

standard.com

HEADQUARTERS

PORTLAND, OR

SIZE

1,000 - 3,000

FOUNDED

1906

TYPE

Private

CEO

J GREG NESS

REVENUE

$1B - $3B

INDUSTRY

Insurance

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About StanCorp Financial Group, Inc.

The Standard is an Oregon-based insurance company that provides disability, life, dental, vision and related insurance products and services to individuals and businesses.

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