Manager, Claims Financials Retail & Wholesale - Bethesda, MD at Geebo

Manager, Claims Financials

UE provides liability insurance and risk management services to about 1,600 members representing K-12 schools, colleges, and universities throughout the United States.
With over 35 years serving education, we bring deep expertise to our members and focus on delivering an experience that leaves them feeling confident that we understand their needs and offer insights and solutions suited for their unique challenges.
These sentiments are echoed in our culture, where we believe that building on and embracing our unique differences and perspectives enables us to better serve our members and fulfill UE's mission.
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 TeamOversee complex claim payment allocations, deductible/SIR limit tracking and monitoringAccountable 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 GuidelinesDevelop production metrics for financial processing to assess performance and manage staffingEvaluate and make recommendations for improvements to billing processes as neededServe as liaison to Accounting and other departments issues concerning Claims financial data, including audits and special projects/requestsAssist 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 mannerRequirements:
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 preferredStrong understanding of accounts payable and accounts receivable processing in computerized accounting systemsStrong supervisory and team building skillsExperience with e-billing and LEDES formatted legal invoicingFamiliarity with legal vendors and law firm invoicing, and enterprise legal spend management applications such as CounselLink preferredExperience with processing ACH and EFT paymentsProficient with Microsoft Office Applications with advanced Excel skillsProven ability to communicate, problem solve, multi-task, work efficiently in a fast-paced environment, and collaborate with cross-functional departments
Benefits:
A competitive compensation and benefits packageHybrid schedule - employees work in our office 2-3 days per weekWork-life balance - like the service we provide to our members, we want our employees to feel assured, cared for, and enlightenedInclusive and supportive culture that embraces diverse ideas and opinionsMonthly lunches and various social events throughout the year%58047475% %%insurance%% Recommended Skills Accounting Systems Accounts Payable Auditing Billing Business Management Claim Processing Estimated Salary: $20 to $28 per hour based on qualifications.

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