Life Insurance Client Contract Invoicing at DXC Technology

Nashville, Tennessee, United States

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Not SpecifiedCompensation

Mid-level (3 to 4 years)Experience Level

Full TimeJob Type

UnknownVisa

Insurance, Technology, IT ServicesIndustries

Requirements

Ability to interpret and implement contractual invoicing requirements
Knowledge of Master Service Agreements, Statements of Work, Amendments, and Purchase Orders
Understanding of billing systems (e.g., SAP)
Familiarity with contract elements including Transition Fees, Policy Counts, T&M Labor, SLA Requirements, Pass-Through Expenses, CPI language, and Erroneous Payments
Ability to determine labor rates based on job descriptions or roles
Capability to perform forensic analysis of contractual obligations for billing disputes
Skills in prioritizing workload with minimal supervision to meet deadlines

Responsibilities

Collaborate with CSM, ADL, AGM, and Corporate Billing teams to ensure invoicing per contract
Review contract invoicing requirements for implementation feasibility
Track contract changes and expiration dates for compliance (e.g., change controls, amendments)
Review and understand contracts for all deliverables and requirements
Work with Billing Manager and CSM to create or change charge codes (Work Breakdown Structure)
Review T&M Labor and make adjustments prior to invoicing
Determine labor rates, obtain CSM approval, and submit bill rate changes in SAP
Download SAP reports, verify vendor expenses for pass-through or non-billable status, and validate vendor invoices
Maintain and update CPI changes, submit rate changes (PHRate file)
Update and trend policies and transaction counts monthly for invoices
Calculate SLA penalties monthly per contract terms
Verify Improper Disbursement penalty reports against contract language
Create and submit volumes files for policy count invoicing to SAP
Review and approve consumption in billing system, balance draft invoices, obtain approvals, and generate final invoices
Prepare client packages for delivery or upload to client AP site
Collaborate with client and CSM to obtain current POs for invoicing
Maintain and update client invoicing procedures
Analyze cost per policy reports for anomalies, research, and follow up on vendor issues
Assist with investigating and resolving AP/AR issues
Work with procurement team to ensure POs are processed correctly with right charge codes
Resolve issues related to customer billing within billing team's control
Assist AP/AR teams, CSM, ADL, AGM with complex billing disputes using contractual knowledge
Assist with vendor invoice cost code allocation
Assist Billing Manager, Billing Lead, and team as needed
Maintain all invoicing backup information for clients and auditors

Skills

Contract Invoicing

SAP

Billing

Contract Review

Charge Codes

T&M Labor

WBS

Client Lifecycle Management

SLA

Pass-Through Expenses

DXC Technology

IT services for enterprise modernization and management

About DXC Technology

DXC Technology provides IT services to large enterprises, focusing on modernizing their critical systems and operations. The company uses the Enterprise Technology Stack to enhance IT infrastructure, optimize data architectures, and ensure security across various cloud environments, including public, private, and hybrid. DXC operates on a contractual basis, offering consulting, system integration, and managed services to help clients improve their IT operations. What sets DXC apart from competitors is its strong commitment to innovation, sustainability, and corporate responsibility, which has earned it recognition as one of the Most Responsible Companies. The goal of DXC Technology is to be a trusted partner for enterprises, helping them achieve scalable and secure IT solutions while promoting inclusion and diversity within its workforce.

McLean, VirginiaHeadquarters

2017Year Founded

$14.6MTotal Funding

IPOCompany Stage

Consulting, Enterprise SoftwareIndustries

10,001+Employees

Risks

Emerging IT service providers offer cost-effective solutions, threatening DXC's market share.

Rapid technological changes may outpace DXC's innovation, risking service obsolescence.

Economic downturns could reduce IT spending, impacting DXC's long-term contract revenue.

Differentiation

DXC Technology is a Fortune 500 global IT services leader.

The company specializes in modernizing mission-critical systems for large enterprises.

DXC's Enterprise Technology Stack ensures security and scalability across cloud environments.

Upsides

DXC is recognized as a leader in the 2024 Magic Quadrant for Outsourced Digital Workplace Services.

The Quercus AI platform collaboration with Ferrovial and Microsoft enhances DXC's innovation capabilities.

DXC's role in transforming Italy's healthcare sector showcases its expertise in digital transformation.

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