Job Description:

Summary:

The Treasury Coordinator is responsible for balancing and audit of premium and claims expense to actual deposits and disbursements made from/to providers, groups and subscribers from various systems including the national Blue Card system. This position investigates and works to resolve all operational issues identified during the financial balancing activities and initiates necessary requests for service to solve identified problems. In addition, the Treasury Coordinator performs assigned basic financial analysis and/or assists with testing activity related to the various reports and related processes and will be responsible for preparing a variety of reports used by Financial Reporting, Actuarial Services, Measures and Controls, and Treasury Management.

Essential Responsibilities/Accountabilities:

Level I:

Balances daily incoming and outgoing payments for more complex and/or evolving claims systems including but not limited to Blue Card and iFacets.

Collects and analyzes division data, which will be used to identify and resolve system problems that result in discrepancies in the financial balancing reports.

Performs assigned basic financial analysis, reconciling, balancing.

Initiates and leads the research effort with IT and Claims when a payment run or Date of Service file is out of balance. Follows through to a conclusion and takes corrective action.

Liaison between IT, Claims, Customer Service and Provider Relations to ensure timely and accurate payments are made to providers and subscribers in accordance with corporate policies.

Releases checks and corresponding documentation for mailing.

Releases the electronic payment file to the bank for processing before predetermined cutoff times.

Works with various banks to identify and coordinate to resolution all transaction discrepancies, adjustments and bank errors

Maintains daily balancing totals using access databases and excel spreadsheets to verify month end file totals.

Prepares monthly and annual 1099 balancing related to more complex claims systems.

Assists in the development of balancing requirements and documenting procedures.

Assists with the testing of balancing reports as a result of claims processing system changes.

Completes research associated with check administrative problems within the department.

Acts as a backup for the other members of the Treasury department whenever necessary.

Prepares and/or maintains appropriate high-level documentation of work.

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 essential responsibilities/accountabilities):

As a member of a requirements team, assists in the definition of requirements for improving existing processes and/or developing new processes supporting the operational activities of the Cash

Management Department.

Performs testing of pre-defined sets of financial reports with little direction.

Prepares regular and periodic reports for the review and guidance of management

Identifies all transactions and records information on the appropriate cash control database by using daily reports produced by various bank software programs

Analyzes trends regarding problematic issues and makes recommendations to management offering suggestions and input on process improvement opportunities

Performs assigned basic financial analysis for supervisory review and makes recommendations based on the analysis completed.

Considered subject matter expert for numerous types of payment balancing processes.

Shares knowledge with newer department employees.

Manages groups' grace days on appropriate systems

Responsible for authenticating the integrity of all data housed in Treasury Operations owned databases.

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:

Associates degree in Accounting or Business and a minimum of four years of experience in finance or banking required. In lieu of degree six years in finance or banking required.

Bachelor's degree preferred.

Basic MS Excel skills required.

Strong knowledge of MS Word, Access, PowerPoint, and mail databases required; Mainframe applications experience is preferred.

Basic Cognos skills required.

Demonstrated experience participating in the 1099 adjustment processes

Familiarity with lower level requirements gathering

Intermediate communication skills required.

Must possess a high degree of professionalism and be able to establish effective working relationships with all levels of the corporation.

Internal claims experience helpful.

Level II (in addition to Level I minimum qualifications):

A minimum of five years of experience within Finance or banking

Ability to perform basic testing of pre-defined test sets for complex claims systems.

Physical Requirements:

Ability to travel across the health plan service regions as needed.

**

The Lifetime Healthcare Companies aims to attract the best talent from diverse socioeconomic, cultural and experiential backgrounds, to diversify our workforce and best reflect the communities we serve.

Our mission is to foster an environment where diversity and inclusion are explicitly recognized as fundamental parts of our organizational culture. We believe that diversity of thought and background drives innovation which enables us to provide leading-edge healthcare insurance and services. With that mission in mind, we recruit the best candidates from all communities, to diversify and strengthen our workforce.

OUR COMPANY CULTURE:

Employees are united by our Lifetime Way Values & Behaviors that include compassion, pride, excellence, innovation and having fun! We aim to be an employer of choice by valuing workforce diversity, innovative thinking, employee development, and by offering competitive compensation and benefits.

In support of the Americans with Disabilities Act, this job description lists only those responsibilities and qualifications deemed essential to the position.

Equal Opportunity Employer

Compensation Range(s):

Level I: Grade 109: Minimum $19.22 - Maximum $30.76

Level II: Grade 110: Minimum $20.02- Maximum $33.03

The salary range indicated in this posting represents the minimum and maximum of the salary range for this position. Actual salary will vary depending on factors including, but not limited to, budget available, prior experience, knowledge, skill and education as they relate to the position's minimum qualifications, in addition to internal equity. The posted salary range reflects just one component of our total rewards package. Other components of the total rewards package may include participation in group health and/or dental insurance, retirement plan, wellness program, paid time away from work, and paid holidays.

Please note: There may be opportunity for remote work within all jobs posted by the Excellus Talent Acquisition team. This decision is made on a case-by-case basis.

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

Equal Opportunity Employer - minorities/females/veterans/individuals with disabilities/sexual orientation/gender identity

Minimum Salary: 0.00 Maximum Salary: 0.00 Salary Unit: Yearly