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    Cash Application Analyst - Philadelphia, United States - Axelon

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    Description
    This role is open for hybrid caniddates only - must be local for conversion potential.


    Job Summary:
    Using established procedures to correctly identify and input premium & non-premium payments into the corresponding systems

    Perform required cross-checks to ensure quality and integrity of data entered.

    Ensure proper MAR and internal controls are utilized for all tasks completed

    Utilize various systems to research payments received in-house or presented via bank imaging tools.

    Collaborate with internal business partners such as Accounting, Billing, and AR to ensure payments are allocated and/or reconciled appropriately

    Build relationships with external business partners to include bank vendors in research and resolution of payment issues

    Understand the time constraints and deadlines associated with payment research and application to ensure all Service Level Agreements (SLAs) are met

    Complete batching and prepping of incoming mail in alignment with internal controls

    Ensure timely research and application of payments generated on daily exception report in alignment with peak and off-peak periods (i.e. Open Enrollment)

    Complete daily reconciliation of premium receipts and resolve variances as required

    Insight into the types of payment adjustments, their use, and customer impact

    Understanding of how daily deliverables impact internal and external business partners as well as the overall customer experience

    Research and complete inquiries in accordance with internal SLAs

    Suggest, develop, and implement process improvements

    wareness of expected outcomes of daily deliverables and proactive resolution of exceptions

    Perform other tasks as business needs require


    Will participate in projects as neededQualifications:
    Bachelor's Degree or equivalent with up to 3 years relevant work experience

    bility to effectively manage competing priorities

    bility to actively engage with team members in completion of daily tasks, problem resolution, and strategic planning

    bility to analyze data and draw logical conclusions as to root cause

    Must be able to function in a fast-paced environment, with a strong emphasis to details

    Excellent written and verbal communication skills

    Proficient with Microsoft Excel, Word, and Outlook

    Treasury experience in Healthcare / Insurance Industry preferred

    Having knowledge of Web based applications and PeopleSoft experience a preferred


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