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Full-Time

Billing Specialist/Analyst

Confirmed live in the last 24 hours

Virtus

Virtus

51-200 employees

Insurance brokerage offering tailored solutions

Financial Services
Consulting

Junior, Mid

Overland Park, KS, USA

Hybrid position based in Overland Park, KS.

Category
Financial Accounting
Financial Analysis
Management Accounting
Accounting
Requirements
  • 2+ years of related experience.
  • 2–4-year College Degree in a finance/accounting-related field preferred.
  • Proficient knowledge in Microsoft Windows environment, including but not limited to Word, Excel, Power Point, and Outlook. Able to create, edit, and merge spreadsheets, convert PDF’s, etc.
  • Agency Management System experience desired but not required.
  • Detail oriented and well-organized; action results oriented.
Responsibilities
  • Collect, transact, reconcile and record/post insurance carrier commissions statements and payments.
  • Analyze, identify and record unearned commissions.
  • Review, research and resolve commissions not transacted and sitting in open activities.
  • Leverage software automation for process efficiency.
  • Analyze and identify trends to become subject matter expert within scope of duties.
  • Collaborate with Client Service team to resolve billing errors.
  • Build courteous and successful relationships with carriers and Client Service team to maintain efficient practices.
  • Promote teamwork, support, knowledge sharing and a positive attitude in the department and office.
  • Participate in training opportunities to remain current on industry information, new product development, and technology including professional development and continuing education.
  • Assist other departments and on special projects as assigned.

Virtus Insurance provides tailored insurance solutions for businesses, focusing on the commercial insurance market. The company offers customized strategies for managing property and casualty insurance as well as employee benefits. By employing experienced consultants, Virtus Insurance assesses clients' specific needs and areas of exposure to deliver effective solutions. Unlike many competitors, Virtus emphasizes building strong, long-term relationships with clients, allowing for ongoing support and adaptation of insurance strategies. The Property and Casualty Unit is known for its meticulous risk assessment, while the Employee Benefits Unit focuses on creative, data-driven strategies to enhance employee benefits. The goal of Virtus Insurance is to reduce risk and save money for its clients through personalized service and expertise.

Company Stage

Private

Total Funding

N/A

Headquarters

Overland Park, Kansas

Founded

2013

Growth & Insights
Headcount

6 month growth

0%

1 year growth

0%

2 year growth

0%
Simplify Jobs

Simplify's Take

What believers are saying

  • Virtus Insurance's tailored solutions can lead to significant cost savings and risk reduction for clients, enhancing client satisfaction and retention.
  • The company's focus on long-term relationships provides employees with opportunities to build deep, meaningful connections with clients.
  • Virtus Insurance's innovative and data-driven approach in both Property and Casualty and Employee Benefits units offers employees a dynamic and intellectually stimulating work environment.

What critics are saying

  • The highly customized nature of Virtus Insurance's services may limit scalability and increase operational complexity.
  • The company's reliance on commissions from insurance carriers could be impacted by market fluctuations and changes in carrier relationships.

What makes Virtus unique

  • Virtus Insurance focuses on highly customized insurance strategies, unlike many competitors who offer more generic solutions.
  • The company's entrepreneurial background and extensive experience in large brokerage firms provide a unique blend of innovation and expertise.
  • Virtus Insurance's relationship-focused approach ensures long-term client support and adaptability, setting it apart from competitors who may prioritize short-term gains.