Claims Auditor and Cost Containment Lead

4 weeks ago


Indianapolis, United States Valenz Full time
Job DescriptionJob Description



Valenz® Health simplifies the complexities of self-insurance for employers through a steadfast commitment to data transparency and decision enablement powered by its Healthcare Ecosystem Optimization Platform. Offering a strong foundation with deep roots in clinical and member advocacy, alongside decades of expertise in claim reimbursement and payment validity, integrity, and accuracy, as well as a suite of risk affinity solutions, Valenz optimizes healthcare for the provider, payer, plan, and member. By establishing “true transparency” and offering data-driven solutions that improve cost, quality, and outcomes for employers and their members, Valenz engages early and often for smarter, better, faster healthcare.


About Our Opportunity
As the Claims Auditor and Cost Containment Lead, you will ensure a smooth and efficient claims process by reviewing, organizing, and auditing claim documents. Adhering to the terms and conditions laid out in plan documents and stop loss policies, you will utilize information from various sources to proactively initiate cost containment solutions.

You will partner with our team members, contributing to a robust claims process that prioritizes efficiency, accuracy, and cost optimization.

Things You’ll Do Here
  • Serve as backup to the Stop Loss Specialist in maintaining the claims mailbox or other claim submission types within stated guidelines and turnaround time metrics.
  • Ensure reimbursement requests are audited timely and all information is documented and journalized.
  • Ensure claims are processed based on the terms and conditions of the plan document and stop loss policy.
  • Secure appropriate documentation to evaluate eligibility of initial and supplemental reimbursement requests such as: include enrollment and eligibility documentation, extension of benefits, FMLA/COBRA election and contribution documentation, precertification’s, accident details and signed subrogation form, UB-04 and itemized bills for billed charges more than $50,000. 
  • Develop relationship and processes with vendors, brokers and TPA’s to ensure best in class client satisfaction and payment integrity.
  • Work with Stop Loss Analyst to review various claim notifications to make determinations about prospective reserves based on clinical information provided and proactive cost containment solutions.
  • Work with EVP and other departments for reporting, research projects, and other duties as assigned.

Reasonable accommodation may be made to enable individuals with disabilities to perform essential duties.

What You’ll Bring to the Team
  • 3+ years of experience handling healthcare claims including claims auditing.
  • Knack for organization and strong attention to detail.
  • Experience in Microsoft Office Suite, specifically skilled in creation and utilization of MS Excel spreadsheets and MS Word.
  • Strong skillset in collaboration and communication.

A plus if you have:
  • Bachelor’s degree in Finance, Accounting, Economics or related field.
  • Understanding of plan documents, stop loss, and/or cost containment.


Where you'll work:
This role is remote or hybrid if you live in the Indianapolis area
 

Why You Will Love Working Here

We offer employee perks that go beyond standard benefits and compensation packages – see below

At Valenz, our team is committed to delivering on our promise to engage early and often for smarter, better, faster healthcare. We want everyone engaged within our ecosystem to be strong, vigorous, and healthy. You’ll find limitless growth opportunities as we grow together. If you're ready to utilize your skills and passion to make a significant impact in the healthcare self-funded space, Valenz might be the perfect place for you

 

Perks and Benefits

  • Generously subsidized company-sponsored Medical, Dental, and Vision insurance.
  • Spending account options: HSA, FSA, and DCFSA
  • 401K with company match and immediate vesting.
  • Flexible working environment.
  • Generous Paid Time Off to include Vacation, Sick, and Paid Holidays.
  • Paid maternity and paternity leave.
  • Community giveback opportunities, including paid time off for philanthropic endeavors.

At Valenz, we celebrate, support, and thrive on inclusion, for the benefit of our associates, our partners, and our products. Valenz is committed to the principle of equal employment opportunity for all associates and to providing associates with a work environment free of discrimination and harassment. All employment decisions at Valenz are based on business needs, job requirements, and individual qualifications, without regard to race, color, religion or belief, national, social, or ethnic origin, sex (including pregnancy), age, physical, mental or sensory disability, HIV Status, sexual orientation, gender identity and/or expression, marital, civil union or domestic partnership status, past or present military service, family medical history or genetic information, family or parental status, or any other status protected by the laws or regulations in the locations where we operate. We will not tolerate discrimination or harassment based on any of these characteristics.

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