Process Developer : Invoice to cash

Genpact

2 - 5 years

Chennai

Posted: 9/3/2024

Job Description

Responsibilities


•    Utilize workflow and reporting tools to ensure operational compliance and call out operational issues when vital
•    Assist with operational quality review
•    Develop and maintain understanding of applicable software packages
•    Work with operational leadership to establish processes, procedures, and metrics to use for team or individual measurement
•    Assist operational leadership with transitioning of new clients / projects
•    Prioritize workload
•    Prepare applicable reports and attend select meetings at request of management
•    Mentoring and developing staff
•    Develop an environment that fosters continuous performance improvement
•    Implement appropriate mechanisms to identify, understand and call out performance gaps and/or performance breakthroughs
•    All other duties assigned to maintain Process Health and Hygiene
•    Closely monitor inputs on cash received and match it appropriately either fully or partially as per scenario in ledger.
•    Raise query for incorrect remittance received or disconnect in remittance.
•    Ability to research on missing payment, glitch against due vs receipts and raising the appropriate query with broker and onshore.
•    Sending weekly, fortnightly or monthly follow up broker for their overdue payments. Update the latest information received from broker into CODA
•    Sending broker statement reconciliation or performing broker reconciliation received from Broker or onshore and prepare with accuracy and within agreed timelines.
•    Preparing all month and weekly reports for debtors
•    Performing claims matching
Qualifications!
Minimum qualifications
•    B.Com Graduate
•    Relevant experience in OTC
•    Excellent Interpersonal Skills!
Preferred qualifications
•    In –Depth Knowledge of providers, insurance, and US healthcare system
•    familiarity with ICD-10, CPT-4, HCPCS, 1500 and UB04 and other appropriate medical terminology
•    Familiarity with Medical Billing software
•    MS-Office skills
•    Analytical ability for reporting and dashboards, also requires heightened attention to detail to ensure accuracy in output
•    Ability to multi-task and handle contending priorities and work with minimal direction
•    Fluent in English (written and spoken); additional languages a plus
•    Experience working on International insurance collection process/OTC is a must
•    Experience of talking to client and broker related to query, process discussion, reconciliation discussion etc.
•    Should have a sound accounting understanding and analytical bent
•    Should have to ability to do research on various system
•    Must be taking client calls and managing clients and broker
•    Ability to handle varied volumes of workloads and to reach targets and deadlines on a timely basis
•    Innovative and always looking for continuous improvement
•    Good Communication skills
•    Analytically & Academically sound
•    Insurance/ Reinsurance Cash Application background would be an added advantage
•    Good Excel & Presentation skills

About Company

Genpact is a global professional services firm delivering digital transformation by putting digital and data to work to create competitive advantage.

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