Treasury Reconciliation Analyst I/II - 004976
Company: Excellus BlueCross BlueShield
Location: Rochester
Posted on: January 27, 2023
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Job Description:
Treasury Reconciliation Analyst I/II - 004976 The Reconciliation
Analyst is responsible for analysis of premium billing/claims
receivables and reporting used to monitor and measure business
activity within the limits of established practices, policies and
procedures. This position is accountable for analyzing operational
activities related to premium billing/claims receivables, and for
addressing any discrepancies between premium/claims billing and
payment. In addition, this position creates models and makes
recommendations for procedure changes based on analysis completed.
Essential Accountabilities All Levels - Prepares regular and
periodic reports for the review and guidance of management,
including the operations reporting of all transactions which
include transaction analysis and recommendations. - Investigates,
works, analyzes, tracks and monitors operational issues identified
during the financial balancing activities and initiates necessary
requests of other operational areas to solve identified problems or
recommendations for future initiatives. - Performs assigned basic
financial analysis (e.g., A/R, group/claims trends) and/or assists
in financial analysis for supervisory review. Creates models and
makes recommendations for procedure changes based on analysis
completed. - Monitors, measures, and analyzes business activity
within the limits of established practices, policies and procedures
and makes necessary recommendations based on analysis. - As
requested, performs special tasks and assignments and acts in the
absence of the Manager. - Prepares documentation for all internal
and external audit requests; participates in audit discussions. -
Functions as operations department representative on assigned
corporate teams involving project implementations and/or evaluation
and improvement of operational practices. - Consistently
demonstrates high standards of integrity by supporting the Lifetime
Healthcare Companies' mission and values, adhering to the Corporate
Code of Conduct, and leading to the Lifetime Way values and beliefs
- Maintains high regard for member privacy in accordance with the
corporate privacy policies and procedures. - Regular and reliable
attendance is expected and required. - Performs other functions as
assigned by management. Level II - (in addition to Level I
Accountabilities): - Defines requirements for improving existing
processes and/or developing new processes relating to the Billing
Reconciliation & Analysis department. - Collects and analyses
division data which will be used to identify and resolve system
problems that result in discrepancies in the financial balancing
reports. - Participates as a Test Lead during projects and
conversions for the department. - Serves as a subject matter expert
for all reconciliation functions and processes. - Shares knowledge
with newer department employees. Minimum Qualifications NOTE: We
include multiple levels of classification differentiated by
demonstrated knowledge, skills, and the ability to manage
increasingly independent and/or complex assignments, broader
responsibility, additional decision making, and in some cases,
becoming a resource to others. In addition to using this
differentiated approach to place new hires, it also provides
guideposts for employee development and promotional opportunities.
All Levels
Level II - (in addition to Level I Qualifications): - HS
Diploma/GED with 10 years' experience or Associate Degree with 7
years' experience or a Bachelor's Degree with 4 years' experience.
- Demonstrated expertise in statistical, project management, and
analytical skills. - Intermediate MS Excel and Cognos skills
required. Physical Requirements
Keywords: Excellus BlueCross BlueShield, Rochester , Treasury Reconciliation Analyst I/II - 004976, Professions , Rochester, New York
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