Payment Processing Analyst

Position Details

Workforce Classification:
Hybrid

Location:

Mountlake Terrace, WA or Spokane, WA – Eight days required onsite per month.

• 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 for decisioning and allocation of payments.
• Execute direct debit transactions from group accounts, including FEP/OPM drawdowns, as directed.
• Partner with various departments throughout the Premera Group companies on questions and issues related to payment processing and over payment (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.

• An associate’s degree in business or accounting or 2 years of relevant experience. (Required)
• Three (3) years of production accounting or payment processing experience. (Required)
• Proficiency with Excel, Word and other Microsoft applications. (Required)
• Standard background check and credit check required.
• Experience in Workday or similar application. (Preferred)
• Experience in payment receipts applications. (Preferred)

• 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.
• Medical, vision, and dental coverage with low employee premiums.
• Voluntary benefits, including pet insurance.
• Life and disability insurance.
• Retirement programs, including a 401(k) employer match and a pension plan.
• Wellness incentives and a wide range of mental well‑being resources.
• Generous paid time off.
• Tuition assistance for undergraduate and graduate degrees.
• Employee recognition program for anniversaries and team accomplishments.
• Hybrid work model with on‑site resources, networking opportunities, and team engagement.

• Primarily a sedentary role that requires the ability to exert up to 10 lbs. of force occasionally or a negligible amount of force frequently.
• Ability to type and communicate clearly in person and over the telephone.

National Plus Salary Range: $47,400.00 – $71,100.00. This range may vary depending on location, market conditions, and experience.

Premera is an equal opportunity/affirmative action employer. We seek to attract and retain the most qualified individuals without regard to race, color, religion, sex, national origin, age, disability, marital status, veteran status, gender or gender identity, sexual orientation, genetic information, or any other protected characteristic under applicable law. If you need an accommodation to apply online for positions at Premera, please contact our Human Resources via email at  or phone at 425‑918‑4785.