The Premium Analyst plays a strategic role in supporting the financial operations of Health Solutions by overseeing complex premium allocation processes, developing analytical tools for executive reporting, and improving cross-departmental financial transparency. Working independently and collaboratively, this position ensures the integrity of premium reporting and contributes to ongoing operational and financial strategy through the use of advanced analytics and process improvement initiatives.
ESSENTIAL EDUCATION AND EXPERIENCE: Bachelor’s Degree, or other related experience; at least one year of accounting experience with a Managing General Underwriter or Third-Party Administrator preferred.
SKILLS/COMPETENCIES REQUIREMENTS:
Excellent communication skills both verbal and written
Proficient in Microsoft Word and Excel
Experience with Connexure ESL Office preferred
Prior experience posting premium preferred
Experience working with an access database in the generation of reporting
Experience with Power BI preferred
Ability to work effectively as part of a team or on individually assigned tasks in an environment where attention to detail and prioritization skills are essential
ESSENTIAL DUTIES AND RESPONSIBILITIES:
Interact with internal teammates and external partners to ensure alignment on accounting issues
Coordinate/communicate with other departments, variations in enrollment
Utilize Microsoft Access and Power BI to develop and maintain dashboards and custom reports that support ongoing operational performance and transparency
Analyze and allocate monthly premium activity in Connexure ESL and ensure the accuracy and completeness of transactions in accordance with policyholder agreements
Prepare and analyze monthly carrier bordereaux, cession reports, and premium remittance schedules, ensuring compliance with carrier and reinsurance requirements
Lead monthly premium reconciliation efforts, including variance analysis and reporting to internal finance leadership
Maintain documentation of monthly premium remittance in Policyholder folder and in the Connexure ESL system
Follow up on any outstanding correspondence and send out lapse notices when necessary
Provide corporate treasury team monthly cash receipts for bank reconciliation and remitting of carrier funds
Independently investigate, research, and resolve complex reconciliation issues, escalating unresolved discrepancies and recommending corrective action as needed
Drive operational efficiency initiatives that improve profitability and customer experience, lead practice of continual process improvement, and identify opportunities to outsource/automate repetitive functions successfully
Travel: May be required for training and up to 5% on an annual basis.
Equal Opportunity Employer

This employer is required to notify all applicants of their rights pursuant to federal employment laws.
For further information, please review the Know Your Rights notice from the Department of Labor.

Premium Analyst

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