Payment Processing Analyst

About the role

This is a Hybrid Position located out of our Mountlake Terrace, WA or Spokane, WA campus, with eight days required onsite per month.

Responsibilities

• Accurately record all payment processing transactions.
• Analyze and interpret accounting data to ensure appropriate coding and recording of transactions.
• Process financial transactions to include PBC splits and transfers.
• Use bank portals and company systems and processes for decisioning and allocation of payments.
• Execute direct debit transactions from group accounts, to include FEP/OPM drawdowns, as directed.
• Partner with various departments throughout the Premera Group companies on questions and issues related to payment processing and overpayment (refund) transactions.
• Identify and address opportunities for process improvements and efficiency gains.
• Use finance best practices to design, develop, and implement policies and procedures.
• Build and maintain databases regarding member mailings and communications.
• Perform work in compliance with federal and state regulations.
• Backup Senior Analyst as needed.
• Perform other duties as assigned.

Requirements

• An associate’s degree in business or accounting or 2 years of relevant experience.
• Three (3) years of production accounting or payment processing experience.
• Proficiency with Excel, Word and other Microsoft applications.

Qualifications

• Experience in Workday or similar application.
• Experience in payment receipts applications.

Skills

Hands-on experience with payment processing, accounting transactions, and financial systems.

Opportunities to partner across departments and support key financial operations.

Exposure to process improvement, policy compliance, and finance best practices.

Benefits

Comprehensive total rewards package including medical, vision, and dental coverage with low employee premiums.

Voluntary benefit offerings, including pet insurance for paw parents.

Life and disability insurance.

Retailment programs, including a 401K employer match and, believe it or not, a pension plan that is vested after 3 years of service.

Wellness incentives with a wide range of mental well-being resources for you and your dependents, including counseling services, stress management programs, and mindfulness programs, just to name a few.

Generous paid time off to reenergize.

Tuition assistance for both undergraduate and graduate degrees.

Employee recognition program to celebrate anniversaries, team accomplishments, and more.

On-campus model provides flexibility to create your own routine with access to on-site resources, networking opportunities, and team engagement.

Commuter perks make your trip to work less impactful on the environment and your wallet.

Free convenient on-site parking.

Subsidized on-campus cafes make lunchtime connections with colleagues fun and affordable.

Participate in engaging on-site activities such as health and wellness events, coffee connects, disaster preparedness fairs and more.

Complementary fitness & well-being center offers both in-person and virtual workouts and nutritional counseling.

Need a brain break? Challenge someone to a game of shuffleboard or ping pong while on campus.

Pay

The pay for this role will vary based on a range of factors including, but not limited to, a candidate’s geographic location, market conditions, and specific skills and experience.

The salary range for this role is posted below; we generally target up to and around the midpoint of the range.

National Plus Salary Range: $47,400.00 - $71,100.00

National Plus salary range is used in higher cost of labor markets including Western Washington and Alaska.