Generate daily EFT payment reports for review/approval from Adjudicare for all relevant business lines
Where necessary daily funding of claims payment bank accounts for issued cheque and EFT payments.
Monthly reconciliation and billing of ASO and carriers for claims issued from Adjudicare for all relevant business lines.
Daily reconciliation of cleared payments through the claims payment bank accounts to identify inaccurate duplicate fraudulent and returned payments.
Coordination with Claims team to verify payment status in claims bank accounts for stop payment requests / void claims payments in Adjudicare.
Provide information to Trust Accounting Analysts to assist with monthly bank reconciliations for claims bank accounts.
Periodic analysis for unclaimed property (uncashed cheques returned EFT items that have not been resent to members etc) in accordance with provincial legislative or carrier requirements.
Management of stop loss payments of carriers and application to BASO reports / refund to plan sponsors as directed.
Administer Trust Accounting processes for Health Care Spending Accounts (HCSA) and Cost Plus groups.
Prepare SAGE entries ad-hoc reports and reconciliations as required.
Work with other Trust Accounting team members on cross functional tasks and projects as required.
Formal education in accounting at the undergraduate level or an equivalent level of knowledge gained through work experience directly in accounting. Experience in insurance group benefits and/or third party administration preferred.
Proficiency in MS Office applications including; Word Excel and Outlook
Advanced Excel skills and ability to work with large amounts of data and existing spreadsheets and tracking documents
Commitment to meeting objectives and required timelines
Adaptable; actively embraces and manages change
Strong analytical skills
At People Corporation we are committed to helping businesses succeed. We are a national provider of benefits retirement wealth wellness and human resource solutions. Our experts and solutions serve over 20000 clients representing nearly 3 million Canadians. We offer customized solutions designed to fit the unique needs of businesses and their employees members and stakeholders.
We are committed to providing an inclusive accessible environment where all employees and clients feel valued respected and supported. We are dedicated to building a workforce that reflects the diversity of the communities in which we live and to creating an environment where every employeehas the opportunity toreach their potential. If you require an accommodation or an alternative format of any posting please reach out to .
The base salary for this position is between $43000 - $48000 annually.
This represents base salary only and does not represent other variable compensation components of our total compensation (i.e. annual bonus commission). The actual base salary will vary depending on local market conditions geography and relevant job-related factors such as knowledge skills qualifications experience and education/training. If you are selected to move forward in our recruitment process the Talent Acquisition Specialist will be able to provide additional details of the total compensation for this role.
Required Experience:
IC
Claims Trust Accounting Coordinator • Toronto, Ontario, Canada
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