Senior Finance Associate-Medical Insurance

We are looking for a highly skilled and detail-oriented Senior Finance Associate – With Medical Insurance Experience to join our Finance Department within a healthcare setup. The ideal candidate will have at least 2 years of experience in finance, preferably with a background in insurance reconciliation and accounts receivable in the healthcare sector.

This role plays a critical part in ensuring accurate claim reconciliation, improving reporting quality, supporting junior staff, and driving process improvement across branches.

Key Responsibilities:

Reconciliation & Reporting Accuracy

• Lead and implement standardized insurance reconciliation procedures across all branches.
• Ensure accuracy and consistency in reconciliation, payment posting, and denial management.
• Monitor and report on key financial metrics including DSO, claim aging, denial rates, and reconciliation accuracy.

Leadership & Strategic Support

• Guide junior finance staff involved in reconciliation to promote accountability and accuracy.
• Continuously review and enhance reconciliation workflows for better efficiency and compliance.
• Collaborate with stakeholders across RCM, FP&A, Billing, and IT to resolve complex issues.

Workload & Resource Management

• Manage claim volumes, prioritize month-end closing tasks, and allocate resources effectively.
• Support peak periods, audits, and month-end activities with efficient workload planning.

Training & Development

• Conduct regular training sessions and workshops on insurance reconciliation and claims analysis.
• Support onboarding of new team members and promote best practices in denial management and reporting.

Compliance & Documentation

• Ensure all processes comply with organizational policies and healthcare regulations.
• Maintain accurate records of reconciliations, payment logs, denial logs, and audit reports.
• Assist with internal and external audits, and implement corrective actions where required.

Interdepartmental Collaboration

• Act as a liaison between Finance and other departments for seamless insurance claim operations.
• Share analytical insights (DSO, aging, top rejections) with management for decision-making.

Qualifications & Experience:

• Minimum 2+ years of experience in Finance, preferably in insurance reconciliation and AR within a healthcare organization.
• Strong knowledge of RCM, insurance claims processing, denial handling, and payment posting.
• Proficiency in MS Excel (advanced level) and financial software for reconciliation reporting and analysis.
• Strong analytical and problem-solving skills.
• Excellent communication and collaboration abilities.
• Ability to work independently and manage multiple deadlines.

Job Type: Full-time

Benefits:

• Paid sick time

Schedule:

• Day shift

Ability to commute/relocate:

• Kochi, Kerala: Reliably commute or planning to relocate before starting work (Preferred)

Application Question(s):

• Expected Monthly Salary

Experience:

• Insurance Reconciliation: 2 years (Required)
• Corporate finance: 3 years (Required)

Language:

• English Very fluently (Preferred)

Work Location: In person

Job Type: Full-time

Benefits:

• Health insurance

Application Question(s):

• Have you previously worked in a Medical Healthcare company?(Required)
• Do you have both Finance and Medical Insurance experience?(Required)
• Are you very Fluent in english?(Required)

Work Location: In person