[Hiring] Insurance Payment Analyst @Brown & Brown Insurance

Role Description

The Insurance Payment Analyst plays a vital role in financial operations, focusing on tasks related to payment processing. This role reviews and approves payments completed by Processor, maintains carrier specifics and handles online payments. Exceptional attention to detail, strong customer service skills, and problem-solving abilities will be essential in successfully carrying out this role. This position is responsible for ensuring compliance with payment terms and facilitating agency bill functions within Risk Strategies.

• Review and approve daily payments completed by the Insurance Payable Processors
• Ensure that the Insurance payable processor completes payments in a timely manner and adheres to carrier payment terms
• Ensure that the Insurance payment processor is promptly providing backup for all payments
• Handle cancellation notices with sensitivity and ensure immediate processing
• Process all carrier online payments
• Assess incoming return premiums via reporting and Smartsheet
• Review and process direct bill return premium check requests
• Consistent communication with the Accounts Receivable team
• Obtain verbal confirmations for newly submitted wire instructions
• Update the Advance Approval Spreadsheet as needed
• Document and maintain any carrier specifics on the specified areas
• Foster open and collaborative communication with the RSP, promptly addressing any necessary changes or updates
• Other duties as assigned.

Qualifications

• High School Diploma or equivalent. Bachelor’s degree in accounting or related field preferred.
• 1-3 years of experience within accounts payable required, insurance accounting recommended.
• Experience with Epic, AMS360 and/or Worksmart a definite plus
• Strong attention to detail and accuracy in financial transactions
• Strong customer service and time management skills
• Proficiency in using accounting software and Microsoft Office Suite including Smartsheet

Benefits

• Health Benefits: Medical/Rx, Dental, Vision, Life Insurance, Disability Insurance
• Financial Benefits: ESPP; 401k; Student Loan Assistance; Tuition Reimbursement
• Mental Health & Wellness: Free Mental Health & Enhanced Advocacy Services
• Beyond Benefits: Paid Time Off, Holidays, Preferred Partner Discounts and more.

Pay Range

$23 - $25 Hourly

The pay range provided above is made in good faith and based on our lowest and highest annual salary or hourly rate paid for the role and takes into account years of experience required, geography, and/or budget for the role.