Job Description
Job Description
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.Five years of bookkeeping / billing and collection experience required 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 pass company Microsoft Excel and Microsoft Word tests at an Intermediate level.Demonstrated oral and written communication skills.Salary Range : $59,385 - $77,000 (depending on relevant experience, skills, and credentials). This position is eligible to participate in Ullico Inc.’s (“Ullico”) annual incentive compensation program. An incentive award is contingent upon Ullico meeting financial goals set by the Ullico Board of Directors and your individual performance. The elements of the program, including eligibility, the range of potential incentive compensation, and the factors that determine the payment, will be shared with you after you become employed.
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 / VisionPension401KHealth Savings AccountLife InsurancePaid Time OffUllico is an Equal Opportunity Employer.
This organization participates in E-Verify.
We may use artificial intelligence (AI) tools to support parts of the hiring process, such as reviewing applications, analyzing resumes, or assessing responses. These tools assist our recruitment team but do not replace human judgment. Final hiring decisions are ultimately made by humans. If you would like more information about how your data is processed, please contact us.