Cash Application Analyst

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A Beacon Hill client is seeking a Cash Application Analyst on a contract.

Job Summary

• Accurately process premium and non-premium payments using established procedures and systems

• Perform quality checks to ensure accuracy and integrity of entered data

• Research payments using internal systems and bank imaging tools

• Collaborate with Accounting, Billing, and Accounts Receivable teams to allocate and reconcile payments

• Maintain compliance with MAR guidelines, internal controls, and SLAs

• Batch and prepare incoming mail in accordance with internal procedures

• Research and resolve payment exceptions and discrepancies

• Complete daily reconciliation of premium receipts and address variances

• Communicate with internal teams and external partners, including bank vendors, to resolve payment issues

• Identify and recommend process improvements

• Support projects and additional tasks as business needs require

Qualifications

• Bachelor’s degree or equivalent experience with up to 3 years of relevant work experience

• Ability to manage multiple priorities in a fast-paced environment

• Strong analytical and problem-solving skills with strong attention to detail

• Excellent written and verbal communication skills

• Proficiency in Microsoft Excel, Word, and Outlook

• Treasury or payment processing experience in healthcare or insurance

• Experience with web-based applications or PeopleSoft

Work Schedule

• Hybrid schedule:

  • In office: Monday – Wednesday

  • Remote: Thursday – Friday

• Hours: 8:00 AM – 4:00 PM

• Work Week: 37.5 hours

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