Payment Recovery Specialist is responsible for analysis of denied reimbursement claims. Ensures appropriate insurance coverage for compliance standards and revenue generation. Being a Payment Recovery Specialist monitors, evaluates, and reviews all cost reporting in support of claims. Coordinates with departments and insurance companies to correct errors as necessary. Additionally, Payment Recovery Specialist requires a bachelor's degree in area of specialty. Typically reports to a supervisor or manager. To be a Payment Recovery Specialist typically requires 4 to 7 years of related experience. Contributes to moderately complex aspects of a project. Work is generally independent and collaborative in nature. (Copyright 2024 Salary.com)
Organization: FinancialEdge CU
Date Posted: March 11, 2024
Region: Mid-Michigan
Location of Position: Bay City
Position Level: Mid-Level
FinancialEdge Credit Union is hiring a full-time Asset Recovery Specialist for their Bay City, MI location. Primary responsibilities include monitoring overdue accounts, communicating with members to collect overdue payments, filing, reporting, and other collection duties. Requires a high regard for confidentiality and discretion, excellent written/oral communication skills, and organizational/time management skills. A four-year high school degree or equivalent required. Two-year or higher post high school education or related field experience preferred. Strong knowledge of computer programs, bankruptcy filings/processes, court filings, and claims preferred. Email resume to hr@finedgecu.org or mail to PO Box 446, Bay City MI 48707-0446.
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