Billing Specialist/Analyst @ Virtus

A winner of Best Places to Work in Insurance seven years in a row, Virtus is looking for innovative individuals to join our fast-paced, rapidly growing team headquartered in Overland Park, Kansas. Virtus is a next generation insurance consulting firm that focuses on middle market clients in a variety of lines of coverage. With locations in Kansas City, Memphis, Chicago, Ft. Collins, St. Louis, Dallas, and Austin, our team has a national scope and with a sophisticated client base that thrives on new ideas and our consultative approach. We’re shaking up a tired insurance industry and creating something better: an experience that empowers our people to evolve, take smart risks, and face the future boldly.

The Billing Specialist role presents an opportunity to join one of the fastest growing firms in the industry and is a key player on the Accounting & Finance team. The position is a key member of Virtus Accounting & Finance team, ensuring that direct bill revenue is posted timely and completely. Functions performed by the position include collecting insurance carrier statements and posting direct bill commissions into Virtus agency management system in an efficient and highly accurate manner, leveraging automation software where feasible, working with the Client Success team and carrier partners to research and clear discrepancies and performing account reconciliation and other month-end duties as requested by management.

The Ideal Candidate:

•Lives the Virtus Core Values – brings their A game and a great attitude each day.

•Is detail-oriented, service motivated, and accountable to working harmoniously and thoroughly with their team to achieve results that are aligned with Virtus’ company goals (and they’re big!).

•Enjoys working in an empowered, entrepreneurial environment of innovation and creativity.

•Showcases their natural and specialized technical skills through drive, determination, and self-discipline.

•Excels at working with company systems and technology and demonstrates values of work product integrity and quality.

Essential Duties and 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.

Education and Experience:

•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.

Physical Requirements:

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. While performing the duties of this job, the employee is regularly required to sit; use hands to handle or feel and talk or hear. The employee is frequently required to reach with hands and arms. The employee is occasionally required to stand and walk. Specific vision abilities required by this job include close and distance vision.

Travel:

Approximately 0-10% or based on team needs.

Why Virtus?

Virtus has a strong culture anchored by our Core Values: Better Tomorrow, Fearless Pursuit and One Virtus. This creates an environment of teamwork, excellence, and continuous improvement. Employees and their families enjoy great benefits including health/401(k)/dental/vision and unlimited PTO, among other progressive perks.

Virtus is an equal opportunity employer committed to fostering an inclusive, innovative environment with the best employees– so we welcome applications from everyone, to celebrate a diverse mix of experiences, backgrounds, and identities. Please get in touch if you’d like to discuss any reasonable adjustments to your application, in order that we can accommodate and support you in the recruitment process. If you want to work for a company where who you are is valued and respected, we’d love to hear from you.

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Billing Specialist/Analyst

Virtus

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