Health Insurance Operations Director directs and oversees health insurance operations programs in multiple service areas, including account installation, implementation, client support, contract administration, claim processing, and enrollment and eligibility. Manages vendors assigned to each operation. Being a Health Insurance Operations Director resolves issues within each service area. Has deep knowledge of health insurance operations. Additionally, Health Insurance Operations Director typically requires a bachelor's degree of business administration or its equivalent. Typically reports to top management. The Health Insurance Operations Director manages a departmental sub-function within a broader departmental function. Creates functional strategies and specific objectives for the sub-function and develops budgets/policies/procedures to support the functional infrastructure. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function. To be a Health Insurance Operations Director typically requires 5+ years of managerial experience. (Copyright 2024 Salary.com)
Language Fluency: English (Required)
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H07Please review the following job description:
JOB SUMMARY:
The Director of Accounting Operations supports the Chief Accounting Officer in providing accounting and financial reporting leadership for Truist Insurance Holdings. Ensure proper understanding and implementation of accounting policies and practices in accordance with generally accepted accounting principles in the United States (GAAP) as it pertains to Financial Systems, Accounting Operations and Financial Reporting.
ESSENTIAL DUTIES AND RESPONSIBILITIES:
Following is a summary of the essential functions for this job. Other duties may be performed, both major and minor, which are not mentioned below. Specific activities may change from time to time.
1. Oversee and lead a team of accounting managers and professionals with responsibility for a wide variety of complex and high-risk activities such as intercompany transactions, centralized reconciliation of accounts and overall general ledger responsibility in a complex and dynamic organization.
2. Responsibilities include accurate financial reporting and the maintenance of adequate internal controls and ensuring compliance with TIH Accounting Policies and Standards.
3. Develop a thorough understanding of business and reporting implications resulting from changes in GAAP and ensure that necessary changes are incorporated into Workday, Blackline and other relevant accounting and financial systems.
4. Collaborate on coordination of the accounting close.
5. Ensure timely and accurate posting of all assigned entries.
6. Provide vision and leadership on financial systems technology improvements and upgrades, and assist in developing strategies for enhanced financial reporting.
7. Develop strategies for integrating subsidiaries into common general ledger and financial reporting systems.
8. Develop strategies to improve the timeliness, availability and usefulness of financial information.
9. Proactively provide counsel to the Chief Accounting Officer and other senior leaders on the operational and financial system impacts/requirements related to new accounting pronouncements, system conversions and acquisitions.
10. Oversee the Workday General Ledger, Accounts Payable and Reconciliation system development, testing and implementation of conceptual frameworks that is required in support of Accounting Operations.
QUALIFICATIONS:
Required Qualifications:
The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
1. Certified Public Accountant (CPA) with strong theoretical accounting knowledge
2. Seven to ten years of supervisory experience with ability to motivate, coach and mentor team members
3. Excellent verbal, written and presentation skills, with the ability to define problems and persuasively present conclusions
4. Intelligent, strong and decisive leadership within an organization as a result of high integrity, intellectual clarity and a passion for excellence
5. Strong results orientation, which includes meeting commitments and targeted/required delivery dates
6. Excellent critical and conceptual thinking, analytical, problem-solving and decision-making skills
Preferred Qualifications:
1. Fifteen to twenty years of experience in the accounting industry
2. Five to ten years of experience in a management position within the insurance brokerage industry
3. Proficient in Workday Financials
General Description of Available Benefits for Eligible Employees of Truist Financial Corporation: All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits, though eligibility for specific benefits may be determined by the division of Truist offering the position. Truist offers medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax-preferred savings accounts, and a 401k plan to teammates. Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment, along with 10 sick days (also prorated), and paid holidays. For more details on Truist’s generous benefit plans, please visit our Benefits site. Depending on the position and division, this job may also be eligible for Truist’s defined benefit pension plan, restricted stock units, and/or a deferred compensation plan. As you advance through the hiring process, you will also learn more about the specific benefits available for any non-temporary position for which you apply, based on full-time or part-time status, position, and division of work.
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