This position has the overall responsibility for the Resolutions Finance Team. The role will oversee high volume Claims accounts payable processes and productivity. The ideal candidate is responsible for high volume deductible collection (accounts receivable) and manages the financial operations of our claims management system. In addition, the position will handle payment voids and deposits, and produce reports for senior management.

Responsibilities:

• Supervise the Resolutions Financials Team
• Oversee complex claim payment allocations, deductible/SIR limit tracking and monitoring
• Accountable for ensuring that appropriate Claims Billing policies and procedures (internal controls) are in place to provide reasonable assurance that company assets are protected, and to meet compliance standards.
• Work with Resolutions staff (attorneys and analysts) to resolve payment issues and ensure compliance with Defense Counsel Guidelines
• Develop production metrics for financial processing to assess performance and manage staffing
• Evaluate and make recommendations for improvements to billing processes as needed
• Serve as liaison to Accounting and other departments issues concerning Claims financial data, including audits and special projects/requests
• Assist with daily reconciliation between our claims management system and Accounting system; as well as monthly reconciliation with Accounting, Actuary, and IT departments.
• Responsible for completion of Federal and State tax reporting required by government regulations, including the preparation and issuance of 1099's in a timely and accurate manner

Requirements:

• Bachelor's degree in Accounting, Business Management, Economics, or Finance and 3 years of management experience. Prior experience in the insurance industry or law firms preferred
• Strong understanding of accounts payable and accounts receivable processing in computerized accounting systems
• Strong supervisory and team building skills
• Experience with e-billing and LEDES formatted legal invoicing
• Familiarity with legal vendors and law firm invoicing, and enterprise legal spend management applications such as CounselLink preferred
• Experience with processing ACH and EFT payments
• Proficient with Microsoft Office Applications with advanced Excel skills
• Proven ability to communicate, problem solve, multi-task, work efficiently in a fast-paced environment, and collaborate with cross-functional departments