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Billing Operations Associate

Who we are:

Nirvana is on a mission to modernize commercial insurance and enable a safer world. Our technology platform delivers modern insurance & risk management to not only help our customers protect their businesses, but actually improve safety for everyone.

To start, we’re transforming the legacy, $1T+ commercial insurance industry through cutting-edge predictive models using real-time IoT data (~50B connected devices by 2030), automation to deliver instantaneous quotes & faster underwriting, & proactive, and data-driven insights to help customers prevent accidents. 

Backed by top-tier VCs including General Catalyst & Lightspeed Ventures, Nirvana became the fastest insurtech EVER to launch in Jan 2022 and crossed >$10M run rate in under 6 months, more than 2x faster than best-in-class insurtechs. Our leadership team has helped scale multi-billion dollar companies from scratch including Samsara, Rubrik, Acko & Flexport, and includes industry veterans from Hiscox, AIG, The Hartford & RLI.

About the role:

We are seeking a seasoned Billing Operations Associate who thrives both as an independent contributor and as a collaborative team member. In this role, you’ll be an integral part of a dynamic team, helping to shape and grow a cutting-edge commercial insurance product from the ground up.

You will work cross-functionally with teams across the organization, from Underwriting to Engineering, ensuring seamless collaboration and alignment. As a key member of the Finance team, you’ll lead and prioritize critical projects that drive Nirvana’s financial growth and operational excellence.

Your responsibilities will include owning and optimizing existing financial processes that support both internal stakeholders and external clients. Additionally, you’ll be tasked with building new processes and solving complex, undefined challenges, playing a vital role in our company’s continued success.

What you’ll do:

  • Own the entire Insurance Audit process and be responsible for the automation, efficiency and accuracy of the process

  • Own Agency and Customer communications as it pertains to Audits

  • Partner with Product team to help build and implement new Finance workflows that scale as our organization grows

  • Be a foundational driver of results for a modern day finance function for an emerging insurance product 

  • Ensure items are invoiced and collected accurately and timely

  • Interact with Nirvana customers on a daily basis, servicing their unique business needs   

About you:

  • 2+ years in a finance related role (Consulting, Accounting, Operations)

  • Proven track record of attention to detail

  • Strong communication skills, both written & verbal

  • Thorough critical thinker who isn’t afraid to make decisions

  • Self-starter who independently seeks out opportunities to learn & succeed

  • Bias-to-action - you’re not afraid to get your hands dirty & stretch yourself

  • Owner mentality - take accountability for your actions & results

  • Successfully able to work in high-growth & ambiguous start-up environments

Benefits:

  • Competitive salary & meaningful equity

  • Monthly medical insurance reimbursement

  • Monthly wellness reimbursement

  • Remote equal culture and reimbursement for home office equipment

  • A flexible vacation policy and a team that understands building a company is a marathon, not a sprint

  • A culture that gives you the autonomy you need to do great work, and the transparency you need to make good decisions

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CEO of Nirvana Insurance
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Rushil Goel
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Average salary estimate

$70000 / YEARLY (est.)
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$60000K
$80000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Billing Operations Associate, Nirvana Insurance

At Nirvana, we’re not just changing the way businesses approach commercial insurance; we’re on a mission to create a safer world through innovative technology. We’re thrilled to invite a Billing Operations Associate to join our energetic team based in Santiago. This position is perfect for someone who excels both as an independent contributor and a collaborative team player. As a Billing Operations Associate, you will play an essential role in our Finance team, impacting the trajectory of our cutting-edge insurance product. You’ll dive deep into the operations, optimizing existing financial processes and crafting new workflows that enhance our efficiency and effectiveness. Your daily responsibilities will include owning the insurance audit process, managing agency and customer communications regarding audits, and ensuring the accuracy of our invoicing and collections. You’ll also have the chance to partner with cross-functional teams, from Underwriting to Engineering, making sure everyone is aligned to achieve our ambitious goals. If you're someone who has at least two years in finance-related roles, is detail-oriented, and thrives in a fast-paced start-up environment, we’d love for you to bring your owner mentality to Nirvana. This isn’t just another job; it's your opportunity to be a vital part of revolutionizing commercial insurance as we know it.

Frequently Asked Questions (FAQs) for Billing Operations Associate Role at Nirvana Insurance
What are the primary responsibilities of a Billing Operations Associate at Nirvana?

As a Billing Operations Associate at Nirvana, your key responsibilities include owning the insurance audit process, managing communications related to audits with agencies and customers, and ensuring accurate and timely invoicing. You will also collaborate with product teams to improve finance workflows and tackle undefined challenges that drive operational excellence.

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What qualifications do I need to be a Billing Operations Associate at Nirvana in Santiago?

To qualify for the Billing Operations Associate position at Nirvana, you should possess at least two years of experience in finance, operations, or accounting. Strong communication skills, attention to detail, and the ability to think critically in ambiguous startup environments are essential. A self-starter attitude is also key to thriving in this role.

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How does Nirvana support the growth and development of a Billing Operations Associate?

Nirvana fosters a culture of learning and autonomy, allowing Billing Operations Associates to take ownership of their projects. With access to meaningful equity, reimbursement for medical and wellness expenses, and a flexible vacation policy, Nirvana encourages its team members to thrive both personally and professionally.

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What type of work environment can a Billing Operations Associate expect at Nirvana?

As a Billing Operations Associate at Nirvana, you will work in a remote-first culture that prioritizes collaboration while giving you the autonomy to excel in your role. The environment is fast-paced and dynamic, reflecting the startup spirit where creativity and problem-solving are highly valued.

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What kind of experience is preferred for the Billing Operations Associate position at Nirvana?

The ideal candidate for the Billing Operations Associate position at Nirvana should have a proven track record of at least two years in finance-related roles such as consulting, accounting, or operations. Experience in high-growth startups and the ability to manage complex financial processes will be highly regarded.

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Common Interview Questions for Billing Operations Associate
Can you describe your experience with audit processes in finance?

When responding, focus on specific examples from your past roles where you managed or contributed to audit processes. Highlight your organization skills and attention to detail, and if applicable, mention any successful outcomes.

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How do you ensure accuracy in invoicing and collections?

Discuss your approach to managing financial documentation, including double-checking figures and following up with clients. Sharing a method or system you use to stay organized can demonstrate your thoroughness.

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Can you give an example of a critical decision you made in a previous role?

Use the STAR method (Situation, Task, Action, Result) to provide a structured response. Choose a scenario that required thoughtful consideration and showcase the result of your decision.

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What strategies do you use to communicate effectively with stakeholders?

Explain how you tailor your communication style depending on your audience. Highlight examples where effective communication led to successful outcomes in team projects or client negotiations.

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How do you handle high-pressure situations in a fast-paced environment?

Share specific techniques you utilize, such as prioritizing tasks, and managing your time effectively. Mention how you stay calm and focused under pressure to meet deadlines.

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What do you know about Nirvana's mission and how it relates to commercial insurance?

Demonstrating your understanding of Nirvana's mission will be crucial. Discuss how the company's innovative approach is transforming the insurance landscape and how you see your role as contributing to that mission.

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How do you approach problem-solving when faced with complex challenges?

Detail your problem-solving process, such as breaking down the issue, brainstorming solutions, and collaborating with others. Providing a specific example will help illustrate your approach.

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Describe a time when you improved a financial process.

Use a specific example to illustrate your initiative and ability to optimize financial workflows. Explain what problem you identified, the steps you took to improve it, and the outcome.

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How do you keep up with changes in finance and regulations?

Discuss the resources you use, such as industry publications, online courses, or webinars. Highlight your commitment to continuous learning and adaptation to industry trends.

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Why do you believe you are a good fit for the Billing Operations Associate role at Nirvana?

Articulate your qualifications, experiences, and values that align with Nirvana's mission and workplace culture. Make sure to express your enthusiasm for contributing to the team and the company's goals.

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Nirvana is on a mission to modernize commercial insurance and enable a safer world.

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Full-time, remote
DATE POSTED
December 3, 2024

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