MICA remains committed to creating an inclusive environment that values and respects the diverse talents, skills, and backgrounds of everyone. We celebrate both our differences and our similarities as we focus on service to our members and foster shared opportunities in furtherance of MICA's mission.
MICA features a challenging and professional work environment characterized by open communication, business casual working attire and flexible work schedules. We always welcome inquiries regarding employment opportunities with the company.
We offer a competitive compensation package and a comprehensive benefits program that supplements our pro-active employee focus. We also support professional growth opportunities to ensure employees are equipped with the knowledge, skills and abilities to provide exemplary client service.
Role Overview
The Accounts Payable & Accounting Support Specialist is primarily responsible for the administration of the accounts payable function, including general expense payments, claim payments, vendor management, 1099 processing, escheatment, use/sales tax reporting, commission processing, and policyholder deductible processing. Additional responsibilities include direct and indirect support of daily, monthly, quarterly, and annual F&A department activities, including but not limited to accounting system maintenance, financial reporting, budgeting, reinsurance, special projects, and other duties as needed
Responsibilities
Accounts Payable
- Process accounts payable, including claims indemnity/expense, general expense, premium refunds, expense reports, and dividend transactions.
- Prepare and execute electronic funds transfers (EFT / ACH) for expense payments as needed.
- Manage all payable system maintenance, including system interfaces, data transfer, user access, vendors, and payment types.
- Coordinate and monitor data processing batches (data files), including the successful transfer of data between applications.
- Monitor invoices for proper coding for budgeting, capitalization, and reporting purposes.
- Ensure only valid and authorized payable invoices/check requests are paid, within the context of established processes and systems.
- Prepare and process all 1099 reporting and file with the IRS.
- Coordinate with management and monitor cash requirements related to all bank accounts.
General Accounting
- Provides ad-hoc financial information to management by researching, analyzing, and summarizing accounting data. Prepares applicable reports and presents to management.
- Documents financial transactions by preparing journal entries through compiling and analyzing the applicable information, and properly entering account information.
- Reconciles and substantiates financial transactions through analysis and ensures proper documentation and approval.
- Support month-end and year-end close process.
- Participates in internal and external company audits and DOI examinations.Accounts Payable & Accounting
- Support Specialist Rev 06-2024
Budget
- Assist in the management and maintenance of the Company’s budget processes. Includes the development and communication of timelines for the initial annual report and subsequent periods for re-forecasting.
- Assist in the compilation, entry, and allocation of department expenses utilizing the Company’s budget software application.
- Assist in the preparation of budget reports for board and committee meetings, including written variance analysis.
- Assist Vice Presidents with budget requirements and/or inquires.
Other
- Complies with all company, state, and federal accounting and financial regulations.
- Performs miscellaneous job-related duties as assigned.
- Meet all processing and reporting deadlines related to job responsibilities.
- Maintains accounting controls by following existing policies and procedures. Develop and document business processes and accounting policies to maintain and strengthen internal controls.
- Addresses accounting procedure questions by researching and interpreting accounting policy and regulations.
- Contribute to strong internal/external customer relationships through positive interactions. Includes, promptly responding to information requests.
- Maintains customer confidence and protects operations by keeping financial information confidential.
- Actively participates in department and corporate goals (special projects).
Requirements
- Intermediate understanding of accounting and reporting standards, obtained through 5-7 years of accounting experience.
- Bachelor’s degree in accounting is preferred, but not required.
- Insurance company experience is helpful.
- Ability to work in a dynamic, fast-paced deadline environment while managing multiple tasks.
- Accuracy and attention to detail.
- Proficient use of MS Office Suite.
- Familiar with accounting applications and the movement of data including import/export files, specifically Sage Intacct.
- Superior analytical and problem-solving skills combined with a high degree of attention to detail.
- Aptitude for numbers and quantitative skills.
- Good verbal and written communication skills with the ability to effectively communicate and partner with internal and external clients of all levels.
- Exceptional interpersonal, customer service, and teamwork skills.
- Individual will receive training but is expected to work with marginal guidance and take ownership of their work product.
- Ability to work collaboratively with all levels of employees, management, and third parties.
Role Overview
Provides high-quality expert consultation, education, and written content that promotes safe patient care and strengthens the potential defense against a lawsuit.
Responsibilities
- Fields medical professional liability risk management questions at least 15 hours per week.
- Researches and writes content for Company and partner organization publications, including articles, guides, and opinions, and standardized recommendations and reports for members and brokers.
- Performs legal research when necessary.
- Appropriately refers inquiries to other departments and brokers.
- Monitors and analyzes internal and external claim data for root causes, trends, and emerging issues and contributes to the production of risk analysis reports.
- Collaborates with other departments and brokers to deliver accurate well-rounded information and recommendations about risk-related inquiries and concerns.
- Manages complex, confidential, and sensitive information according to state and federal law.
- Serves as project leader when assigned.
- Initiates and maintains appropriate professional contacts, including professional organization
memberships that promote the Company’s mission, vision, and/or core values. - Complies with Company and department documentation requirements for interactions, contacts, duties, expenses, budget planning, and performance.
- Adheres to department standards for participating in meetings and presentations.
- Is cautious and vigilant when opening emails, attachments, clicking on links, etc., and when using MICA’s equipment and smartphones that are connected to MICA’s email systems.
- Completes cybersecurity training modules that MICA’s IT department periodically distributes.
- Other projects and assignments as directed.
Requirements
- Juris Doctor degree from an accredited law school.
- Active and unencumbered license to practice law in at least one state.
- Insurance or professional liability defense, health care law, or other applicable experience of 3 or more years
- Strong legal research, writing, and communication skills.
- Proficient in Microsoft Office software such as PowerPoint, Excel, Word, and Outlook.
- Travel up to 20% including overnight.
![MICA Benefits](/media/t32jjlzj/untitled-1800-600-px-1.jpg?width=1080&height=720&format=jpg&quality=85&rnd=133209678724200000)
- Medical, Dental, and Vision Insurance
- Flexible Spending Accounts
- Basic Employee Life Insurance - paid 100% by MICA
- Optional Life Insurance
- Personal Accident Insurance
- Short- and Long-term Disability
- Self-directed 401(k) with a generous company matching program
- Defined benefit retirement plan
- Paid vacations and holidays
- Tuition Reimbursement for approved educational courses
- Employee Assistance Program
- Relocation Assistance for certain positions
- Insurance coverage is offered for employees, family members, and partners.
Bring your talents to MICA. We recognize that the best-qualified individuals, contributing their ideas and expertise, will enable us to continue our successful support of the healthcare community.
Disclaimer: The benefits identified herein and the eligibility of employees, family members, and partners are governed by the applicable plans. The company, in its sole discretion, and in accordance with applicable law, reserves the right to change and/or delete any or all of the above-listed benefits at any time.
This link leads to the machine-readable files that are made available in response to the federal Transparency in Coverage Rule and includes negotiated service rates and out-of-network allowed amounts between health plans and healthcare providers. The machine-readable files are formatted to allow researchers, regulators, and application developers to access and analyze data more easily.
NOTE to employment agencies and search firms: Please do not forward resumes to this website. Your company's literature may be sent to MICA at the following address. MICA will not be responsible for any fees arising from the use of resumes received through this site.
Note to applicants and employment agencies: General letters of intent without a detailed resume will not be considered. MICA will also not consider unsolicited letters of intent with or without resumes.
MICA is an Equal Opportunity Employer.