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Company | Innova Solutions |
Address | Philadelphia, PA, United States |
Employment type | FULL_TIME |
Salary | |
Category | IT Services and IT Consulting |
Expires | 2023-08-07 |
Posted at | 10 months ago |
Innova Solutions is immediately hiring for a Cash Application Analyst.
- Collaborating with internal business partners such as Accounting, Billing, and AR to ensure payments are allocated and/or reconciled appropriately.
- Completing daily reconciliation of premium receipts and resolve variances as required.
- Utilizing various systems to research payments received in-house or presented via bank imaging tools.
- Ensuring timely research and application of payments generated on daily exception report in alignment with peak and off-peak periods (i.e. Open Enrollment)
- Understanding of how daily deliverables impact internal and external business partners as well as the overall customer experience.
- Performing required cross-checks to ensure quality and integrity of data entered.
- Responsible for insight into the types of payment adjustments, their use, and customer impact.
- Researching and completing inquiries in accordance with internal SLAs.
- Ensuring proper MAR and internal controls are utilized for all tasks completed.
- Using established procedures to correctly identify and input premium & non-premium payments into the corresponding systems.
- Proficient with Microsoft Excel, Word, and Outlook.
- Bachelor's Degree or equivalent with up to 3 years relevant work experience.
- Experience in Healthcare / Insurance Industry preferred.
- Knowledge of Web based applications and PeopleSoft experience a preferred.
- Pay range offered to a successful candidate will be based on several factors, including the candidate's education, work experience, work location, specific job duties, certifications, etc.
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