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Business Finance Specialist

2 months ago


WinstonSalem, North Carolina, United States MedCost Full time

Position Overview: The Corporate Finance Analyst will play a crucial role in managing the implementation of new and renewal business for MedCost clients. This position requires effective handling of inquiries from stop-loss insurance providers, assisting clients with financial matters, maintaining accurate billing records, and supporting underwriting processes. The ideal candidate should possess a Bachelor's degree in business administration, accounting, or finance, along with experience in self-funded or fully insured group health plans. Familiarity with claims administration and stop-loss insurance is advantageous.

  • Respond to inquiries from stop-loss insurance providers and gather necessary documentation
  • Assist in resolving client financial issues
  • Maintain billing records and manage Jira tickets
  • Facilitate the onboarding process for new groups
  • Generate reports as required
  • Review and process applications for new business
  • Serve as a subject matter expert in the implementation of stop-loss policies

Essential Skills:

  • Ability to work autonomously and collaboratively
  • Maintain confidentiality with sensitive information
  • Strong analytical and organizational capabilities
  • Meticulous attention to detail and accuracy
  • Understanding of group health insurance funding mechanisms
  • Negotiation skills

Core Competencies:

  • Customer Service Orientation
  • Integrity
  • Ethical Standards
  • Analytical Mindset

MedCost is committed to equal employment opportunities and does not discriminate against any employee or applicant based on race, color, religion, age, sex, national origin, disability, genetics, veteran status, or any other characteristic protected by law.