Summary of role

The Financial Analyst is responsible for the reconciliation of Insurance Carriers cash receipts related to unpaid Medicare policies.They will support the proper establishment of policy-level receivables for carrier commissions and related performance bonuses and establish the process of reviewing, reconciling, and maximizing carrier commission cash receipts.

Department: Finance

Duties/Responsibilities:

• Reconcile the carrier cash receipts against Medicare policy details
• Prepare the monthly audit reports from prior years cash collections on all open/cancelled policies and communicate with Carriers for the details.Resolve any open questions from Carriers in order to follow up for missing payments
• Engage cross functionally with Operations teams to ensure all policy details are reconciled in the Subledger
• Update the Carrier payment tracker daily and pull the relevant commission statement from the Carrier portals
• Maintain the monthly cash reporting for the Subsidiaries Book of Business
• Perform other related duties as required

Required Skills/Abilities:

• Bachelor’s degree in Accounting, Finance or related field
• 3 years of Finance experience
• Strong system background
• Audit experience
• Strong oral and written communication skills
• Ability to manage confidential data with discretion
• Ability to prioritize and complete projects in a timely manner
• Ability to work with multiple groups within the organization
• Strong analytical and problem solving skills
• Highly organized, exceptional attention to detail, and possess the ability to handle multiple tasks simultaneously.
• Strong working knowledge of Excel

Preferred Skills/Abilities:

• Health insurance sector experience

• Knowledge of the Xactly commissions platform/technology