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Senior Funding Analyst

Remote:

Full Remote

Contract:

Full time

Experience:

Mid-level (2-5 years)

Work from:

United States

Offer summary

Qualifications:

Bachelor's degree in Accounting, Finance, or Business Administration, 3+ years of Financial Operations experience, 1-2 years funding or medical stop loss experience, Health Insurance Industry knowledge preferred, Intermediate or Advanced Excel skills required.

Key responsabilities:

Organize and delegate workflows for the ASO Funding team
Train staff on departmental processes and assist with recurring tasks
Audit and reconcile data using financial systems
Assist with special projects to advance departmental goals
Create and maintain process documentation

Allied Benefit Systems, LLC Unicorn https://www.alliedbenefit.com/

501 - 1000 Employees

See more Allied Benefit Systems, LLC offers

Job description

Your missions

SENIOR FUNDING ANALYST

Position Summary

Senior, Funding Analyst organizes, delegates, and problem solves day to day workflows of the ASO Funding team. Major responsibilities include training staff on departmental processes, researching and responding to advanced internal and external inquiries regarding claim funding and recommending and implementing process improvements. When necessary, this position supports members of the team in completing recurring tasks to ensure quality and turn around time KPIs of the department are being met.

Essential Functions

Audit and reconcile data between financial systems using Excel and other tools.
Work closely with the ASO Funding Manager to create and execute a training plan with team members
Understands current systems infrastructure to assist team members and modify existing processes and systems in order to meet evolving needs.
Ownership of completing manual and complex stop loss calculations and audits
Posting financial transactions in accounting system.
Identifying, tracking, and resolving any discrepancies.
Performing weekly and monthly claim fund report reconciliations.
Advancing departmental goals by assisting with special projects and other duties.
Creating and maintaining guides and in-house process documentation.
Independently problem-solving funding and stop loss issues
Other duties as assigned.

EDUCATION

Bachelor's degree in Accounting, Finance, Business Administration, or equivalent work experience required.

Experience And Skills

3+ years of Financial Operations experience in Accounting, Banking, or Billing required.
1-2 years funding or medical stop loss experience
Health Insurance Industry knowledge preferred
Intermediate or Advanced skill in Excel required
Microsoft Access experience is a plus
Prior claims processing experience is a plus
Must be a goal-oriented and a self-motivated problem solver who maintains the utmost attention to financial details.

POSITION COMPETENCIES

Job Knowledge
Time Management
Accountability
Communication
Initiative
Customer Focus

PHYSICAL DEMANDS

This is a standard desk role – long periods of sitting and working on a computer are required.

WORK ENVIRONMENT

Remote

The company has reviewed this job description to ensure that essential functions and basic duties have been included. It is not intended to be construed as an exhaustive list of all functions, responsibilities, skills and abilities. Additional functions and requirements may be assigned by supervisors as deemed appropriate.