Client Accounting Specialist Job Listing at Medical Mutual in Cleveland, OH (Job ID 2400308)

Description

Founded in 1934, Medical Mutual is the oldest and one of the largest health insurance companies based in Ohio. We provide peace of mind to more than 1.2 million members through our high-quality health, life, disability, dental, vision and indemnity plans. We offer fully insured and self-funded group coverage, including stop loss, as well as Medicare Advantage, Medicare Supplement, and individual plans.

Prepares invoices for self-administered health products. Administers the terms of the group's contracts including stop loss settlements and ERISA filing information. Performs an accounting/reporting customer service role to all group contacts. Performs a support role in general for the department which would include accounting and analysis. Works under close supervision.

This position has the option to work remote; Cleveland, Ohio area residents preferred. 

Responsibilities

Client Accounting Specialist I  

• Conducts weekly and monthly invoicing of self-administered groups- claims, administrative fees, stop loss premium, commissions, manual invoice adjustments, queries, analysis, supplementary schedules, etc.
• Reviews contracts and group rates and terms set up in invoicing system.
• Performs weekly and monthly monitoring of specific and aggregate stop loss, annual stop loss settlements and ERISA filing information, etc.
• Performs other duties as assigned.

Client Accounting Specialist II

• Conducts weekly and monthly invoicing of self-administered groups- claims, administrative fees, stop loss premium, commissions, manual invoice adjustments, queries, analysis, supplementary schedules, etc.
• Reviews contracts and group rates and terms set up in invoicing system. 
• Performs weekly and monthly monitoring of specific and aggregate stop loss, annual stop loss settlements and ERISA filing information, etc. 
• Performs monthly and ad-hoc reporting and analysis to internal departments including Underwriting, Performance and Sales. 
• Performs other duties as assigned.

Sr Client Accounting Specialist 

• Conducts weekly and monthly invoicing of self-administered groups- claims, administrative fees, stop loss premium, commissions, manual invoice adjustments, queries, analysis, supplementary schedules, etc. 
• Reviews contracts and group rates and terms set up in invoicing system. 
• Performs weekly and monthly monitoring of specific and aggregate stop loss, annual stop loss settlements and ERISA filing information, etc. 
• Prepares journal entries and account reconciliations. 
• Performs monthly and adhoc reporting and analysis to internal departments including Underwriting, Performance and Sales. 
• Training new employees 
• Performs other duties as assigned.

Qualifications

Client Accounting Specialist I

Education and Experience

• Bachelors' Degree in Accounting, Business Administration or related field, but will consider collective experience, training and education.
• 6 months of professional experience in accounting or billing.

Technical Skills and Knowledge

• Proficient computer skills, Intermediate MS Office Skills including MS Access or other database programs.
• Organizational and Problem Solving Skills.
• Ability to learn accounting rules and concepts and ability to apply the appropriate accounting standards to the relevant job duties.

Client Accounting Specialist II

Education and Experience

• Bachelors' degree in Accounting, Business Administration or related field preferred, but will consider collective experience, training and education.
• 2 years of progressive experience as a Client Accounting Specialist I, or the equivalent professional experience in accounting or billing.

Technical Skills and Knowledge

• Intermediate Microsoft Office skills including Access or other database programs.
• Organizational and problem-solving skills.
• Knowledge of accounting rules and concepts and ability to apply the appropriate accounting standards to the relevant job duties.

Sr Client Accounting Specialist 

Education and Experience

• Bachelors' Degree in Business Administration or related field preferred, but will consider collective experience, training and education.
• 3 years of progressive experience as a Client Accounting Specialist I or II, or the equivalent professional experience in accounting or billing preferred.

Technical Skills and Knowledge

• Proficient computer skills, Intermediate Microsoft Office skills including Access or other database programs.
• Intermediate knowledge of accounting rules and concepts and ability to apply the appropriate accounting standards to the relevant job duties.
• Ability to give instruction, guidance, and direction to others as a function of department orientation training.

Medical Mutual is looking to grow our team! We truly value and respect the talents and abilities of all of our employees. That's why we offer an exceptional package that includes:

A Great Place to Work:

• We will provide the equipment you need for this role, including a laptop, monitors, keyboard, mouse and headset.
• Whether you are working remote or in the office, employees have access to on-site fitness centers at many locations, or a gym membership reimbursement when there is no Medical Mutual facility available. Enjoy the use of weights, cardio machines, locker rooms, classes and more.
• On-site cafeteria, serving hot breakfast and lunch, at the Brooklyn, OH headquarters.
• Discounts at many places in and around town, just for being a Medical Mutual team member.
• The opportunity to earn cash rewards for shopping with our customers.
• Business casual attire, including jeans.

Excellent Benefits and Compensation:

• Employee bonus program.
• 401(k) with company match up to 4% and an additional company contribution.
• Health Savings Account with a company matching contribution.
• Excellent medical, dental, vision, life and disability insurance — insurance is what we do best, and we make affordable coverage for our team a priority.
• Access to an Employee Assistance Program, which includes professional counseling, personal and professional coaching, self-help resources and assistance with work/life benefits.
• Company holidays and up to 16 PTO days during the first year of employment with options to carry over unused PTO time.
• After 120 days of service, parental leave for eligible employees who become parents through maternity, paternity or adoption.

An Investment in You:

• Career development programs and classes.
• Mentoring and coaching to help you advance in your career.
• Tuition reimbursement up to $5,250 per year, the IRS maximum.
• Diverse, inclusive and welcoming culture with Business Resource Groups.

About Medical Mutual:

Medical Mutual's status as a mutual company means we are owned by our policyholders, not stockholders, so we don't answer to Wall Street analysts or pay dividends to investors. Instead, we focus on developing products and services that allow us to better serve our customers and the communities around us.

There's a good chance you already know many of our Medical Mutual customers. As the official insurer of everything you love, we are trusted by businesses and nonprofit organizations throughout Ohio to provide high-quality health, life, disability, dental, vision and indemnity plans. We offer fully insured and self-funded group coverage, including stop loss, as well as Medicare Advantage, Medicare Supplement and individual plans. Our plans provide peace of mind to more than 1.2 million Ohioans.

We're not just one of the largest health insurance companies based in Ohio, we're also the longest running. Founded in 1934, we're proud of our rich history with the communities where we live and work.

We maintain a drug-free workplace and perform pre-employment substance abuse and nicotine testing.