Senior Billing Analyst
The Senior Self-Funded Billing Analyst works with both IS and business professionals internally and at the self-funded group or their consultant. The position also works with and has the ability to communicate at both a technical and business level.
The Senior Billing Analyst will be responsible for the following:
- Overseeing a portfolio of Top Self-Funded clients. The requirements will be to handle the detailed preparation of Self-Funded customer invoices, customer setup, accounts receivable reconciliations, and aging results. The Senior 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.
- Will prepare the results of the Settlements/Reconciliations.
- Will develop as needed Ad Hoc reports. Will ensure that payments are properly allocated/applied.
- Ensuring that the weekly and monthly bills are sent out on a timely basis. Will ensure the accuracy of the bills. Will have some interaction with the clients.
- Will follow key internal controls and supporting testing work by internal and external audits. Escalate setup and billing issues to appropriate levels of management. Document specific customer issues. Ex: over/under payments, setup issues, etc.
- Reconcile billed amounts to billing control totals to ensure G/L balancing of billable medical experience. Communicate variances to accounting and / or respond to questions from accounting.
- Responsible for ensuring the assigned portfolio of customer accounts are maintained and reconciled on a weekly and monthly basis.
- Assist the Lead with the self-funded billing department and IBC interests in meetings with both internal and external customers. Internal customer meetings will include corporate & departmental projects as well as customer specific discussions where business solutions and project requirements are developed. External discussions with customers require knowledge of the billing processes and outputs, the customers’ perspective and political savvy.
- Training the new staff members. As part of the on boarding process will assist the supervisor in training various job functions.
- Handles complex customer accounts
- Minimum 3 - 5 years working within a Billing, Finance or, Operations Department.
- Billing experience in a Healthcare / Insurance Industry preferred.
- Proficient with Microsoft Excel, Word, and Outlook. Knowledge of SQL, Access, and Abode Standard. Having knowledge of Web based applications and having PeopleSoft is a plus.
- Ability to multi task and prioritize activities.
- Excellent written and verbal communication skills.
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.
Inclusion and Belonging
At IBX, everyone can feel valued, supported, and comfortable to be themselves, and 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. Celebrating and embracing 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
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.
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.