Billing Analyst

Blue Cross and Blue Shield Association

Philadelphia, PA

JOB DETAILS
SKILLS
Accounting, Accounts Receivable, Accounts Receivable Management, Adobe Product Family, Advertising Production, Analysis Skills, Billing, Communication Skills, Consulting, Detail Oriented, Develop and Maintain Customers, Establish Priorities, Finance, Financial Operations, Financial Reporting, Financial Systems, Health Insurance, Marketing, Microsoft Access Database, Microsoft Excel, Microsoft Outlook, Microsoft Word, Multitasking, Presentation/Verbal Skills, Reconciliation, SQL (Structured Query Language)
LOCATION
Philadelphia, PA
POSTED
18 days ago

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.
  • 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.

Independence has implemented a "Hybrid" model which consists of Associates working in the office 3 days a week (Tuesday, Wednesday & Thursday) and remotely 2 days a week (Monday & Friday). This role is designated as a role that fits into the "Hybrid" model. While associates may work remotely on our designated remote days, the work must be performed in the Tri-State Area of Delaware, New Jersey, or Pennsylvania.

IBX is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to their age, race, color, religion, sex, national origin, sexual orientation, protected veteran status, or disability.

Must have an Android or iOS device which is compatible with the free Microsoft Authenticator app.

About the Company

B

Blue Cross and Blue Shield Association

At the Blue Cross and Blue Shield Association (BCBSA), we provide business strategy, technical support and consulting expertise to 36 Blue Cross and Blue Shield companies across the nation, employing more than 1,000 of the best strategic thinkers in the industry. We are a Brand manager that sets quality control standards for the 36 independent companies that use the Blue Cross and Blue Shield Brands, and we serve as a trade association that represents these Blue companies. It is through our involvement that the Blues companies share a united vision and strategy while also benefiting from the local strength of all member companies.
COMPANY SIZE
2,000 to 2,499 employees
INDUSTRY
Insurance
WEBSITE
https://www.bcbs.com/about-us/careers