Claims Auditor – Medical Stop Loss
Job Description:
- Conduct thorough audits of accident and health insurance claims to verify accuracy, policy compliance, and proper adjudication.
- Ensure claims adhere to company policies, industry regulations, and legal requirements, including HIPAA.
- Analyze claims data to identify patterns, discrepancies, and opportunities for process improvement.
- Prepare detailed audit reports and communicate findings, recommendations, and corrective actions to management and relevant departments.
- Collaborate with claims processing teams to implement audit recommendations, streamline workflows, and enhance claims accuracy.
- Serve as a subject matter expert by training junior auditors and claims processors on audit procedures and compliance standards.
- Maintain accurate documentation of audit processes, findings, and follow-up actions, ensuring all information is safeguarded and confidential.
- Stay updated on changing regulations, industry best practices, and emerging audit methodologies.
Requirements:
- Bachelor’s degree in business, Insurance, or related field (preferred)
- Minimum 3+ years in experience in medical claims auditing and processing in accidental and health insurance claims.
- Robust knowledge of claims processing systems, protocols, and regulatory requirements.
- Excellent analytical, problem-solving, and decision-making skills.
- Strong attention to detail and organizational abilities.
- Advanced knowledge of claims processing guidelines, medical terminology (ICD-10, CPT, HCPCS, UB04), and insurance concepts (UCR, COB, HIPAA, subrogation)
- Familiarity with eligibility guidelines and group health plan administration (Medicare, COBRA, FMLA, etc.)
- Strong analytical skills with attention to detail and proficiency in interpreting Plan Documents and reinsurance contracts.
- Excellent written and verbal communication skills with proven customer service.
- Effective problem-solving, team partnership, and project management abilities
- Proficiency with claims processing systems and Microsoft Office Suite (Word, Excel, PowerPoint)
Benefits:
- health and welfare benefits
- tuition and professional certification assistance
- 401k savings
- elective participation in the Employee Stock Purchase Program
- paid time off
- paid holidays
- child bonding leave
- employee assistance
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