Hybrid Financial Operations Recovery Specialist III

Posted 3 months ago

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About the role

  • Financial Operations Recovery Specialist responsible for claims overpayments at Elevance Health. Ensures customer satisfaction and performs audits and recovery activities efficiently.

Responsibilities

  • responsible for the discovery, validation, recovery, and adjustments of claims overpayments
  • Audits paid claims for overpayments using various techniques including systems-based queries, specialized reporting, or other research
  • Interacts with staff and management from other departments on a regular basis to ensure customer satisfaction
  • May work with recovery and collection vendors to validate overpayments, validate vendor invoices and provide feedback to modify queries when needed
  • Works closely with contract managers to identify and correct contractual issues
  • Handles complex case research and resolution
  • May perform collection activities to ensure the recovery of overpayments and maintenance of unprocessed cash and accounts receivable processes
  • May review and monitor associates work for quality standards
  • May review department policy and procedure manuals for accuracy
  • Completes special projects as assigned with minimal supervision
  • Researches voluntary refunds for accuracy

Requirements

  • Requires a H.S. diploma or equivalent
  • minimum of 4 years of claims processing and/or customer service experience
  • Strong medical claims processing experience highly preferred
  • Proficient in Microsoft Excel preferred
  • AA/AS preferred

Benefits

  • merit increases
  • paid holidays
  • Paid Time Off
  • incentive bonus programs
  • medical benefits
  • dental benefits
  • vision benefits
  • short and long term disability benefits
  • 401(k) + match
  • stock purchase plan
  • life insurance
  • wellness programs
  • financial education resources

Job title

Financial Operations Recovery Specialist III

Job type

Experience level

Mid levelSenior

Salary

Not specified

Degree requirement

High School Diploma

Location requirements

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