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Direct Bill Commission Associate

Direct Bill Commission Associate

InsuricaAustin, TX, US
13 days ago
Job type
  • Full-time
Job description

Direct Bill Commission Associate

The Direct Bill Commission Associate is responsible for accounting support related to the research and maintenance of assigned general ledger account balances and maintaining standards related to the Direct Bill (DB) operating functions supporting these areas.

Essential functions :

  • Record direct bill carrier statements for Life and Health and Property and Casualty companies
  • Retrieve and match Direct Bill commission statements from carriers to payments received
  • Work with other internal and external accounting personnel responsible for activities related to direct bill
  • Review, resolve, and respond to discrepancies related to direct bills, with all involved parties of the insurance customer / policy
  • Process direct bill commission return payments to carriers
  • Maintain banking setups for DB electronic activity with carriers (i.e. commissions / premiums)

Additional responsibilities :

This job description is intended to describe the level of work required of the person performing the position. Essential functions are outlined; however, other duties may be assigned, as needs arise, or as required to support the essential functions. Specific performance objectives may be developed each year to measure the performance of the tasks and functions listed in this job description.

Knowledge, skills, and abilities :

  • Excellent organizational skills with strong attention to detail
  • Strong ability to review and format data, as well as resolve data errors
  • Basic accounting knowledge of journal entries, accounts receivable, and accounts payable
  • Accurate data entry and math skills, with the ability to add, subtract, multiply, and divide numbers
  • Excellent computer skills, with a strong focus on Excel, as well as all other Microsoft Office products (Word, Outlook, Teams, etc.)
  • Strong understanding of automated agency management systems, with the ability to adapt to new AMS as needed
  • Ability to work within a fast-paced, changing priority environment
  • Self-motivated, with the initiative to prioritize and be self-directed
  • Regular and punctual attendance is required
  • Ability to communicate effectively, both verbally and in writing
  • Excellent interpersonal skills, with the ability to interact effectively with both colleagues and managers, across all levels
  • Ability to promote and maintain a team environment, willing to find accommodating solutions for our customers, companies, and the Agency
  • Ability to successfully adhere to company policies and procedures, as well as maintain strict confidentiality
  • Qualifications :

  • 2-4 Years of Accounting experience (or educational equivalent) with demonstrated knowledge of accounts receivable and payable preferred
  • A High School diploma required
  • College education in accounting courses or equivalent experience preferred
  • Previous insurance experience preferred
  • Previous experience with EPIC agency management system preferred
  • Working conditions and reasonable accommodations :

  • Fast-paced, multi-tasking, office environment with periodic high disruption and changing priorities
  • Ability to perform approximately 80% sedentary work, exerting up to 10 pounds of force occasionally, and negligible force frequently
  • Ability to lift up to 20 pounds occasionally
  • Requires operation of a computer workstation, including keyboard and video display
  • All requirements may be modified to reasonably accommodate physical or mental impairment
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