Billing Analyst
Bring your drive for excellence, teamwork, and customer commitment to Independence. Join us as we renew and reimagine the future of health care. Together we will achieve our mission to enhance the health and well-being of the people and communities we serve.
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.
Independence Blue Cross is an Equal Opportunity and Affirmative Action 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.
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.
Diversity, Equity, and Inclusion
At Independence, everyone can feel valued, supported, and comfortable to be themselves. Our commitment to equity means that all associates have a fair opportunity to achieve their full potential. We put these principles into action every day by acting with integrity and respect. We stand together to speak out against injustice and to break down barriers to support a more inclusive and equitable workplace. Celebrating and embracing the diverse thoughts and perspectives that make up our workforce means our company is more vibrant, innovative, and better able to support the people and communities we serve.
About Our Company
Serving more than 8 million people nationwide, including 2.5 million in southeastern Pennsylvania, Independence Health Group — together with its subsidiaries — is the leading health insurance organization in the Philadelphia region. Our mission to build healthier lives for you, your family, and your employees shapes our actions and decisions every day.
At Independence, we see each of our members as an individual, with unique needs and concerns. We’re dedicated to harnessing the very latest ideas and technologies to deliver access to care that meets those needs and surpasses your expectations. For more information about Independence access our website at www.ibx.com. We’re revolutionizing health care, and our focus is on you!
Equal Employment Opportunity
Independence Blue Cross is an Equal Opportunity and Affirmative Action 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.
Agency Disclaimer
All resumes submitted directly to an Independence Blue Cross employee from a vendor via email, the Internet or in any other form without a valid written search agreement in place for this position from the Independence Blue Cross Family of Companies Human Resources Department will be deemed the sole property of Independence Blue Cross and the Independence Blue Cross Family of Companies. Please note that no fee will be paid in the event the candidate is hired by Independence Blue Cross or the Independence Blue Cross Family of Companies as a result of the referral or through means other than our established process.