Reporting Analyst

Posted 13 Days Ago
Be an Early Applicant
Winston-Salem, NC
Mid level
Fintech • Information Technology • Analytics
The Role
The Reporting Analyst manages past due balances for third-party prescription receivables by analyzing data, contacting industry payers, and assisting with client onboarding. Responsibilities include creating reports, recommending process improvements, ensuring compliance, and developing best practices for client operations.
Summary Generated by Built In

Under the direction of a Supervisor, the Reporting Analyst in PFM Exceptions Management works directly with the client to manage the past due balances of the client’s third-party prescription receivables. The Reporting Analyst performs detailed analysis to identify missing payment or data opportunities and is responsible for pursuing those opportunities by contacting Pharmacy Benefit Managers (PBM’s), industry payers and other third-party processors on behalf of clients in order to meet contractual agreements. Duties also include assisting with on-boarding of new clients, cross-training with other team members, developing and improving operating processes, monitoring system processes, recommending product enhancements and system testing.
This is located out of our corporate headquarters in Winston Salem, NC.

Analytical

  • Research and resolve open claims by comparing unapplied cash
  • Perform open claims-to-cash comparisons for trending and routine clean-up recommendations
  • Contact industry players via phone and e-mail to facilitate action, developing follow-up strategy and documenting activity/results for clients
  • Utilize Pharmacy Financial Management (PFM) to aid in analysis, tracking results and pending efforts
  • Develop additional tracking methods to report analysis results in multiple formats and business case scenarios

Operational

  • Facilitate conference calls and/or face-to-face meetings with clients
  • Create detailed spreadsheets or charts to present trending results
  • Make recommendations to clients for business rules based on professional judgment and accounting practices
  • Identify opportunities for improvement to client pharmacy operations to minimize unresolved or overstated balances
  • Develop analysis methods to quickly identify collection opportunities and maximize results
  • Develop best practices/standard reporting for client and internal communication

Administrative

  • Identify system enhancements and working with IT/Product to define, implement and test enhancements
  • Meet client service level agreements related to collection practices and write-off percentages
  • Review details of exceptions management process/methodology
  • Manage day-to-day client relationships
  • Present cost/time savings estimates and final results
  • Assist account team with business review presentations
  • Maintain HIPAA (Health Insurance Portability and Accountability Act) compliance in all client communication
  • Inform team members and management on client cases, successes, and current inquiries
  • Cross train other associates to be backup when out of the office

Influence

  • Review exceptions management service by discussing Inmar and client’s responsibilities
  • Recommend guidelines and best practices for business rules
  • Establish industry contacts and communication methods
  • Perform special projects and other duties as assigned by management

Required Qualifications:

  • At least four years of relevant experience involving customer service, computer usage, data entry and data analysis and a Bachelors’ degree in Business Administration, Accounting, or a related field: OR an equivalent combination of training and experience required to complete the essential functions/job responsibilities of the position
  • Knowledge of generally accepted accounting principles
  • Knowledge of accounting procedures on automated systems
  • Intermediate-level proficiency using MS Excel and MS Word
  • Knowledge of computer systems and report generation (AS/400 knowledge preferred)
  • Knowledge of servicing business accounts

Individual Competencies:

  • Adaptable: Responds to change with a willingness to learn new ways to accomplish work.
  • Teamwork: Builds relationships and works cooperatively with others, inside and outside the organization, to accomplish objectives to build and maintain mutually beneficial partnerships, leverage information and achieve results.
  • Analytical and Critical Thinking: Ability to tackle a problem by using a logical, systematic, sequential approach.
  • Communication: Giving and receiving messages and information in written, oral, and visual formats in a clear and concise way for a complete understanding of meaning and intent.
  • Curious: A desire to inquire and learn, to seek new knowledge and wisdom, and to listen to the contributions of others with a genuine interest to better self, the team, and the organization.
  • Problem Solving: Gathers and analyzes information to generate and evaluate solutions to problems, issues and challenges while weighing the accuracy and relevance of the facts, data and information.
  • Collaboration: Works collaboratively with others to achieve group goals and objectives.

The physical demands described here are representative of those that must be met by an associate to successfully perform the major job responsibilities (essential functions) of this job.  Reasonable accommodations may be made to enable individuals with disabilities to perform the major job responsibilities. This job description is not intended to be an exhaustive list of all duties, responsibilities, or qualifications associated with the job.

While performing the duties of this job, the associate is: 

  • Regularly required to use hands to finger, handle or feel objects, tools or controls, and reach with hands or arms.
  • Regularly required to talk or hear and read instructions on a computer monitor and/or printed on paper.
  • Occasionally required to stand, kneel or stoop, and lift and/or move up to ## pounds.
  • Regularly required to view items at an extremely close range and must be able to adjust and readjust focus.

Occasionally: Job requires this activity up to 33% of the time

Frequently: Job requires this activity between 33% - 66% of the time

Regularly: Job requires this activity more than 66% of the time

Safety:

  • Support a safe work environment by following safety rules and regulations and reporting all safety hazards.

As an Inmar Associate, you:

  • Put clients first and consistently display a positive attitude and behaviors that demonstrate an awareness and willingness to listen and respond to clients in order to meet their short-term and long-term needs, requirements and exceed their expectations.
  • Treat clients and teammates with courtesy, consideration and tact; you also have the ability to perceive the needs of internal and external clients and communicate effectively with the objective of delighting and retaining the client.
  • Build collaborative relationships and work cooperatively with others, inside and outside the organization, to accomplish objectives, develop and maintain mutually beneficial partnerships, leverage information and achieve results.
  • Set and attain achievable, yet aggressive, goals with a sense of urgency and accountability.
  • Understand that results are important and focus on turning mission into action to achieve results following the principles of Flawless Execution while consistently complying with quality, service and productivity standards to meet deadlines and exceed expectations by giving our clients the best possible outcomes.

#LI-BA1

#LI-REMOTE

We are an Equal Opportunity Employer, including disability/vets.

Top Skills

As/400
Excel
Microsoft Word
Pharmacy Financial Management
Get Personalized Job Insights.
Our AI-powered fit analysis compares your resume with a job listing so you know if your skills & experience align.

The Company
HQ: Winston-Salem, NC
2,044 Employees
On-site Workplace
Year Founded: 1980

What We Do

We reimagine everyday business challenges through advanced analytics, technology-enabled and market-driven solutions built to solve some of industries’ biggest obstacles to growth. Inmar Intelligence’s customer-centric approach is evident through our success helping companies dynamically engage audiences, build brand loyalty, create efficiencies and drive profitable growth.

We help leading Fortune 500 companies and emerging brands stay relevant and propel growth while providing their consumers with personalized and precision-driven tools to save money, improve health and safety, and more conveniently go about their lives.

For more than 35 years, we have served retailers, manufacturers, healthcare providers, government and employers as their trusted intermediary and helped them redefine innovation.

Similar Jobs

Ahold Delhaize USA Logo Ahold Delhaize USA

Commercial Reporting Analyst IV

AdTech • eCommerce • Food • Marketing Tech • Retail
Salisbury, NC, USA
10000 Employees
Chapel Hill, NC, USA
222 Employees

Inmar Intelligence Logo Inmar Intelligence

Reporting Analyst

Fintech • Information Technology • Analytics
Winston-Salem, NC, USA
2044 Employees

TIAA Logo TIAA

Client Reporting Transformation Analyst

Fintech • Financial Services
Hybrid
4 Locations
73K-117K Annually

Similar Companies Hiring

Jobba Trade Technologies, Inc. Thumbnail
Software • Professional Services • Productivity • Information Technology • Enterprise Web • Consulting • Cloud
Chicago, IL
45 Employees
InCommodities Thumbnail
Renewable Energy • Machine Learning • Information Technology • Energy • Automation • Analytics
Austin, TX
234 Employees
HERE Technologies Thumbnail
Software • Logistics • Internet of Things • Information Technology • Computer Vision • Automotive • Artificial Intelligence
Amsterdam, NL
6000 Employees

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account