Claims Payment Processor

Claims Payment Processor

Job Overview:

The Claims Payment Processor main duties are to report the processed claims to the payer, prepare EFTs (Electronic fund transfer) for claims, updates the accounting and other financial software, and send statement of accounts to our clients. This role has the over-all responsibility to coordinate activities in an effective and efficient manner in carrying out the responsibilities of the Accounting Department. The position reports to the Claims Payments Manager.

What you do:

• Send the processed claims reports to the payers twice in a month.

• Prepare the payments for the providers within the TAT.

• Ensures the financial transactions are booked in a timely manner and are compliant with proper supporting backup.

• Ensures control procedures are followed.

• Ensures all accounting deadlines are met.

• Provides professional correspondence internally and externally, i.e. members of insurance companies and their client-related claims.

• Resolves accounting discrepancies.

• Monitors transactions to determine accuracy, completeness and conformance to established policies and internal procedures.

• Keeps track of records and files and provide correct information of record details when required.

• Maintains various account reconciliations and post necessary monthly journal entries.

What you bring:

• Bachelor’s Degree; Finance / Account or equivalent background preferred.

• 1+ years relevant experience; Experience in a TPA, BPO, Hospitals or Medical Centers is an added advantage.

• Experience with accounting Software is preferred.

• Strong knowledge of generally accepted accounting principles and practices.

• Strong negotiation, communication, attention to detail, time management skills.

• Capable of perceiving problems as they develop and communicating such to their immediate superior.

• Ability to work independently as well as part of a team and maintain focus under pressure.

• Ability to comprehend, capture as well as interpret complex financial information.

• Ability to adapt to change, meet the changing demands of the work environment, any delays or other unexpected demands.

• Ability to treat people with respect under all circumstances, instill trust in others besides upholding the values of the organization.

• Accurate and strong analytical.

• Must be organized and posses the ability to multi-task.

• Physically fit to carry out duties.

• Legally permitted to work in the country of operations.

• Fluency in MS Office (Excel, Word, Outlook, PowerPoint) and general internet navigation and research skills.

What we offer:

Our employees play an integral part in our success as a business. We appreciate that each of our employees are unique and have unique needs, ambitions and we enjoy being a part of their journey.

We are there to empower and encourage you with your personal and professional development ensuring that you take control by offering a large variety of courses and targeted development programs. All that in a global environment where international mobility and career progression are encouraged. Caring for your health and wellbeing is key priority for us. This is why we build Work Well programs to providing you with peace of mind and give the flexibility in planning and arranging for a better work-life balance.

74334 | Finance & Accounting | Professional | Non-Executive | Allianz Partners | Full-Time | Permanent

Allianz Group is one of the most trusted insurance and asset management companies in the world. Caring for our employees, their ambitions, dreams and challenges, is what makes us a unique employer. Together we can build an environment where everyone feels empowered and has the confidence to explore, to grow and to shape a better future for our customers and the world around us.
We at Allianz believe in a diverse and inclusive workforce and are proud to be an equal opportunity employer. We encourage you to bring your whole self to work, no matter where you are from, what you look like, who you love or what you believe in.
We therefore welcome applications regardless of ethnicity or cultural background, age, gender, nationality, religion, disability or sexual orientation.
Join us. Let's care for tomorrow.