What are the responsibilities and job description for the Premium Payables Analyst position at EPIC Brokers?
Location : Hybrid,flexible to work in : Jersey City, NJ, or New York,City, Melville, or Pearl River, NY offices.
Summary : To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The role and requirements listed below are representative of the knowledge, skill and / or ability required.
Essenial Duite & Responsibilites :
Maintain Large Book of Payable Carriers
- Generate payments to assigned carriers in a timely manner
- Manage Carrier statements and invoices.
- Establish and maintain a professional relationship with assigned carriers.
- Resolve, in a timely manner, discrepancies (premium and commission) between EPIC and carrier
- Follow established workflow when client pays carrier direct
- Analyze AP Report daily for carrier payment and clear Zero Rec items
- Analyze AP Report daily to identify old unpaid items and notify Account Executive
- Analyze AP Report daily to identify credit items that should be settled with assigned carriers
- Daily review of payments made during prior day against Bank Report sent by AR Team
- Coordinate with AR on the application of RP payments (Checks / ACH / WIRE) sent by carriers
- Maintain carrier vendor contact and banking information, with updates made on team payable list.
- Refer problems / obstacles to Manager at huddle or immediately if urgent
Resolution of billing discrepancies
Resolution of bank reconciliation items
Follow established workflow on NOC and Advanced Items
Participate in morning huddle
Request new ACH / Wire templates for new carriers and as carrier information changes
Work toward achieving team and individual goals
Additional projects / tasks as provided by dept manager
PERSONAL AND ORGANIZATIONAL DEVELOPMENT RESPONSIBILITIES :
KEY COMPETENCIES :
EDUCATION AND / OR EXPERIENCE :
The national average salary for this role is $60,000 to $65,000 in base pay and exclusive of any bonuses or benefits. The base pay offered will be determined based on your experience, skills, training, certifications and education, while also considering internal equity and market data.
WHY JOIN EPIC?
EPIC embraces diversity in all its various forms-whether it be diversity of thought, background, race, religion, gender, skills or experience. We are committed to fostering a work community where every colleague feels welcomed, valued, respected and heard. It is our belief that diversity drives innovation and that creating an environment where every employee feels included and empowered, helps us to deliver the best outcome to our clients.
LI-TM1 #LI-Hybrid
Salary : $60,000 - $65,000
