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The Accounts Receivable Credit Specialist is responsible for reviewing all insurance and patient credit balances and determine whether a refund, a transfer, a reversal or correction of a contractual allowance may be warranted.
Identify trends and the root cause for the credits and work with appropriate parties to minimize refunds.
We are seeking an individual with experience in medical insurance, third-party payers and processing refunds
Primary Responsibilities :
This person will be working on a team with the Collections Manager and others, including one person who solely works on all of payer credit who they will be working closely with.
Work Model :
Our client is currently operating in a hybrid work model, individuals are asked to be in office 2 days per week.
Compensation :
$55,000 - $58,000 annual salary
CBMAR2024
Last updated : 2024-03-24
Full Time
$42k-55k (estimate)
03/26/2024
03/27/2024
compusolveinc.com
Westbury, NY
50 - 100
The job skills required for Credit specialist include Accounts Receivable, etc. Having related job skills and expertise will give you an advantage when applying to be a Credit specialist. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Credit specialist. Select any job title you are interested in and start to search job requirements.
If you are interested in becoming a Credit Specialist, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Credit Specialist for your reference.
Step 1: Understand the job description and responsibilities of an Accountant.
Quotes from people on Credit Specialist job description and responsibilities
Credit specialists perform comprehensive analyses of clients' financial histories to ascertain whether such entities qualify for loans or lines of credit.
03/27/2022: Vallejo, CA
The credit specialist should gather all pertinent applications and supporting documentation, review clients' financial histories, and then proceed to decide whether to extend financial support.
02/13/2022: Hartford, CT
They also perform reviews on customer accounts and processes pending orders within the policies of the credit department.
05/03/2022: Columbus, MS
Credit specialists protects the privacy of their clients.
04/18/2022: San Francisco, CA
Credit specialists will evaluate the client’s credit payment history, assets, liabilities, and earnings history to determine their suitability for credit terms.
04/11/2022: Benton Harbor, MI
Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.
Career tips from people on Credit Specialist jobs
Candidates can further their career prospects and potential by earning CCRA certification from the National Association of Credit Management.
04/19/2022: Waco, TX
There is no specific professional or licensing needed to be a credit specialists.
03/25/2022: Rochester, MN
Credit specialists should be aware of their state’s credit laws and bond requirements for credit organizations and debt collectors.
02/09/2022: Richmond, VA
Credit specialists must be comfortable with common financial software, such as Microsoft Excel, which they may use on a daily basis.
02/16/2022: Jacksonville, FL
Study and obtain understanding of commercial credit; loan documentation, loan agreements, financial spreads, financial statements, etc.
03/04/2022: Florence, SC
Step 3: View the best colleges and universities for Credit Specialist.