Billing Analyst - Philadelphia, United States - Independence Blue Cross

Description

Job Summary:

The Self Funded Billing Analyst is responsible for the billing, account maintenance, and collection of accounts receivable for a portfolio of self funded customers. This position works closely with internal finance and marketing partners and with our self-funded groups or their consultant.

The Billing Analyst will be responsible for the following:

• Detailed preparation of Self Funded customer invoices, customer setup, accounts receivable reconciliations, and aging results. The Billing Analysts are also responsible for customer related projects involving customer inquiries, collections, audits, reconciliations and settlements. This position will work closely with the clients.
• Responsible for performing the invoicing, reconciling and maintenance of self funded customer accounts. Will gather the receivable facts and report to the lead. Will input A/R comments for their clients.
• Basic understanding of the Self Funded Billing Processes.
• Collaborates with internal partners and demonstrates ability to work with internal and external customers.
• Demonstrates ability to communicate at both a technical and business level; able to explain all customer related activity including issues and potential root causes.
• Responsible for ensuring the assigned portfolio of customer accounts are maintained and reconciled on a weekly and monthly basis.
• Prepares results of annual customer account Settlements/Reconciliations.
• Responsible for running standard Production reports and Ad Hoc reports as needed.
• Follows all key internal controls and supports audits and variance inquiries as required; prepares/reconciles control totals.

Qualifications:

• Minimum 1 - 3 years working within a Billing, Finance or Operations Department.
• Bachelor's degree in Accounting, Finance, or related area of study preferred.
• Billing experience in a Healthcare / Insurance Industry preferred.
• Proficient with Microsoft Excel, Word, and Outlook. Knowledge of SQL, Access, and Adobe. Standard. Having knowledge of Web based applications and having PeopleSoft is a plus.
• Demonstrated ability prioritizing and multi-tasking,
• A successful candidate in this role will exhibit proficiency in the following competencies: initiative, attention to detail, communication (verbal and communication), process orientation, and financial systems knowledge.