
Financial Services Expert
2 weeks ago
At VOYA INDIA, we specialize in providing cutting-edge technology and business process transformation services.
The Reconciliation Senior Associate plays a key role in driving complex problem-solving and integration of deep recon area knowledge with industry standards and practices.
Key responsibilities include:
- Gathering, posting, and reconciling payments received by the revenue team
- Monitoring and managing incoming payments
- Retrieving and posting remittances from applicable payor websites when available
- Reviewing remittances for adjustments and transferring balance to secondary or patient responsibility as needed
- Responding to questions related to payment application and working closely with onshore teams to resolve account variances
To excel in this position, you should have a solid understanding of insurance accounting, strong accounting background, and reporting skills. Excellent communication and problem-solving skills are also essential.
What You'll Do
- Payment Reconciliation: Gather, post, and reconcile payments received by the revenue team
- Payment Management: Monitor and manage incoming payments
- Remittance Processing: Retrieve and post remittances from applicable payor websites when available
- Adjustments and Transfers: Review remittances for adjustments and transfer balance to secondary or patient responsibility as needed
- Account Resolution: Respond to questions related to payment application and work closely with onshore teams to resolve account variances
Requirements
- Insurance Accounting: Solid understanding of insurance accounting principles and practices
- Accounting Background: Strong accounting background and experience
- Reporting Skills: Effective reporting skills and ability to analyze data
- Communication Skills: Excellent communication and problem-solving skills
Becoming a Part of Our Team
We're looking for highly skilled professionals who share our passion for delivering exceptional results. If you're a motivated individual with a strong work ethic and a desire to make a meaningful contribution, we encourage you to apply.
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