Cash Management Specialist

ConnectiCare is a leading health plan in the state of Connecticut. ConnectiCare’s mission is to make it easy for members to get the care they need. A local company for over 35 years, ConnectiCare has a full range of products and services for businesses, municipalities, individuals and those who are Medicare-eligible. A subsidiary of EmblemHealth, ConnectiCare leads the individual and small group markets in the state, and is ranked among the top commercial health plans in the nation, according to the National Committee for Quality Assurance.

We’re looking for individuals who want to make a difference in the communities we serve. If you want to join a local team and help change the way health care is delivered, ConnectiCare is the place for you.

Purpose: Responsible for the timely and accurate calculation and posting of premium adjustments/transactions including cash and lockbox auditing, balancing, and review. Support EFT, Credit Card subscriptions, and other premium payment methodologies in accordance with Sarbanes-Oxley Standards. Also, responsible for support of collateral vendor functions.

Key Accountabilities:
Post all premium adjustments in compliance with cash application accounting, and Sarbanes –Oxley standards; balancing and reporting all premium and adjustment transactions within specified time frame.

Balance and audit previous day lockbox transactions and reporting any discrepancies or abnormalities to the Billing Manager.

Serve as back-up person for daily lockbox processing.

Establish and maintain EFT payment set-ups and credit card subscriptions.

Interact with BIT, SOLO Enrollment, Small Group Administration, and Billing Team to resolve premium adjustment and posting issues and EFT set-up and processing.

Monitor Holding Account on a monthly basis ensuring outstanding items are resolved or returned.

Assist in the set-up and configuration of member kits (both standard and customized) become familiar with PSI’s (Printing for Systems Inc.) Client Access System and the various tasks needed in the configuration of a kit.

Become familiar and work with AMISYS test files as they relate to PSI to assist in testing and auditing of sample output. Responsible for the review book error reports to determine if action is needed and follow-up on action required.

Performs back-up monthly premium collection administrative functions when Collection Manager is out of the office.

Performs other functions and responsibilities as assigned.

Required Skills

Technical Knowledge and Experience:
Bachelor’s degree preferred or equivalent combination of education and work experience.

Preferred 2 years of previous experience within Accounts Receivable environment.

Working knowledge of Generally Accepted Accounting Principles.

Excellent oral and written communications and interpersonal skills required.

Demonstrated analytical and collaborative problem solving skills required.

Previous system user experience in highly automated environment required. Highly skilled in use of Word, Excel, and Access desirable. Strong PC skills required.

AMISYS® experience desirable.

Knowledge of Managed Care healthcare product models highly desirable

ConnectiCare is an equal opportunity employer. M/F/D/V

Required Experience