Loan Payment Specialist Jobs in Arkansas

Great time management and organizational skills.

Advanced competency in accounting and business management software, such as NetSuite and Zoho Books.

Keeping informed of regulatory requirements and best practices in accounting.

Bachelor's or associate's degree in accounting, finance, or related.

At least 2 years experience as an accounts payable specialist, or similar.

In-depth knowledge of accounts payable principles, accounting standards, and industry regulations.

Act as department representative, making decisions based on audit requirements, processing capabilities and client experience, which must be executed flawlessly

Provide in-depth reporting to senior management on account status and any audit discrepancies

Bachelor’s degree in Finance or equivalent work experience

7+ years’ experience in compensation or similar role within financial services

Proven ability to manage multiple tasks and projects simultaneously

Advanced MS Office skills, specific to Excel

•Ensures all loan files are labeled in accordance with the Bureau's records management requirements.

Minimum Education: Bachelor’s Degree or equivalent experience

General Experience: A minimum of two (2) years of related experience.

•Process check collections for direct loans, assigned guaranteed loans and premium payments in Financial System and subsystem.

•Process accruals of interest, penalties, and administrative fees for direct and assigned guaranteed loans.

•Process IPAC collections for direct loans and assigned guaranteed loans and send receipts for collections.

Minimum 3 year’s knowledge of direct claim processing/reimbursement, medical facility contracts, fee schedules, inpatient/outpatient/physician claims or strong data analytics experience required

Utilizing healthcare experience to perform audit recovery procedures

Certified Professional / Hospital Coder Certification (CCS, CPC, CPC-H, CCS-P, CCRC, CCS-A, RHIA, RHIT ) preferred

Prior claims auditing or consulting experience desirable in either a provider or payer environment

Excellent communication skills both oral and written

Strong interpersonal skills that will support collaborative team work

Prepare monthly detailed reporting for review and approval prior to presenting to senior management

Associate’s degree preferred or equivalent work experience

Able to manage multiple tasks and priorities simultaneously

Good problem solving skills, can work independently and strong team player

2 - 4 years working experience the Financial Services Industry preferred

Excellent communication and customer service skills

Healthcare industry experience, including knowledge of Coordination of Benefits. (Preferred).

Utilizes Cotiviti audit tools (Recovery Management System (RMS), COB Tracker, specific client systems)

Demonstrates understanding of Cotiviti policies & procedures, and external regulatory requirements and performs duties in accordance with such regulatory requirements.

Bachelor’s degree (Preferred) and/or a minimum of at least one (1) year related experience in healthcare.

At least 1-year Cotiviti experience is recommended for individuals seeking their next opportunity internally.

Excellent verbal and written communication skills.

Minimum 3 year’s knowledge of direct claim processing/reimbursement, medical facility contracts, fee schedules, inpatient/outpatient/physician claims or strong data analytics experience required

Utilizing healthcare experience to perform audit recovery procedures

Certified Professional / Hospital Coder Certification (CCS, CPC, CPC-H, CCS-P, CCRC, CCS-A, RHIA, RHIT ) preferred

Prior claims auditing or consulting experience desirable in either a provider or payer environment

Excellent communication skills both oral and written

Strong interpersonal skills that will support collaborative team work

NextGen Practice Management, OPIE, MedFlex, and Nymbl experience

Time management and time critical prioritization skills

Assist with monitoring and auditing of remote team's performance and provide feedback

Communicate effectively and clearly with a remote team

High School Diploma or G.E.D. with a minimum of 2 years of relevant working experience

Minimum 3 years administrative and/or healthcare billing experience

Evaluate current processes and suggest any appropriate improvements to increase efficiency, reduce loss, and enhance the customer experience

Experience with payment processing platforms and fraud detection tools.

Strong analytical and problem-solving skills, with immense attention to detail

Excellent communication and customer service skills

Prioritize and balance multiple responsibilities

Has strong Excel or Google Sheets experience

Bachelor's degree preferred OR at least 1 year of relevant experience (healthcare billing, claims, auditing, reimbursement or data analysis)

Excellent verbal and written communication skills

Solve problems by identifying errors and overpayments for our healthcare clients

Use your creativity to help generate new ideas for claim concepts and recovery opportunities

Learn and use multiple computer software, systems and technology

Achieve excellence by meeting and exceeding audit team goals and quality measures

Solid computer experience with quick, accurate PC keyboarding and navigating skills

Prepare single and consolidated invoices, release as per client requirements.

Effective communication skills (written and verbal)

Reconciles payment prior to transmission and validate confirmed reports.

Prepares Direct Deposit and Wire Transfer files as per payment schedules.

Give high priority to processing W2 contractors’ hours in order to meet ADP deadlines.