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Collection specialist
AEG Vision Quincy, IL
$61k-83k (estimate)
Full Time 2 Days Ago
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AEG Vision is Hiring a Collection specialist Near Quincy, IL

About the Job

The primary purpose of this position is to create claims invoices to 3rd party insurance carriers for commercial products and to monitor agings to ensure proper and timely payment.

Duties & Responsibilities

  • Responsible for correcting claim data in Acuity Logic system prior to billing for specified plans
  • Responsible for submitting both paper and electronic claims in Acuity Logic for specified plans to 3rd party carriers timely
  • Responsible for submitting manual vouchers and invoices to plans that don't accept claim forms in a timely manner
  • Maintain and report personal KPI data to Manager on a weekly basis
  • Responsible for interpreting and following up on claim denials from 3rd Party carriers for specified plans
  • Responsible for monitoring the aging of specified plans to ensure prompt and accurate payment for specified plans
  • Develops expertise in specific plans assigned to the position and acts as a department and company resource for questions relating to billing of these plans
  • Assist AR Manager and Commercial Claim Supervisor on special projects as needed
  • Communicates all system, site, and billing company issues to the AR Manager on a timely basis to allow management oversight and proper resource planning
  • Makes recommendations for efficiencies, processes, etc. which will deliver quality, cost savings, and / or profitability improvements within the department and / or across the organization

Requirements

  • High school diploma or GED or equivalent
  • 1 year AR experience with 3rd party billing
  • Knowledge of insurance billing processes
  • Entry level PC skills in MS Windows, Word and Excel.
  • Effective verbal and written communication skills to effectively speak with coworkers, and prepare concise and accurate reports
  • Demonstrated ability to work successfully in a team environment, functioning for the good of the team over the individual

Benefits

  • 401(k) with Match
  • Medical / Dental / Life / STD / LTD
  • Vision Service Plan
  • Employee Vision Discount Program
  • HSA / FSA
  • Paid Holidays
  • Benefits applicable to full Time Employees only.

Physical Demands

This position requires the ability to communicate and exchange information, utilize equipment necessary to perform the job, and move about the office.

Travel Requirements

Negligible

Last updated : 2024-05-23

Job Summary

JOB TYPE

Full Time

SALARY

$61k-83k (estimate)

POST DATE

05/25/2024

EXPIRATION DATE

08/23/2024

WEBSITE

aegvision.com

HEADQUARTERS

Dallas, TX

SIZE

<25

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The job skills required for Collection specialist include Billing, Written Communication, etc. Having related job skills and expertise will give you an advantage when applying to be a Collection specialist. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Collection specialist. Select any job title you are interested in and start to search job requirements.

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The following is the career advancement route for Collection specialist positions, which can be used as a reference in future career path planning. As a Collection specialist, it can be promoted into senior positions as a Collections Representative III that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Collection specialist. You can explore the career advancement for a Collection specialist below and select your interested title to get hiring information.

If you are interested in becoming a Collection 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 Collection Specialist for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

Quotes from people on Collection Specialist job description and responsibilities

Specialists must first locate debtors and then attempt to collect payment by negotiating debt settlements.

01/29/2022: Springfield, IL

Collections Specialists are generally responsible for managing and collection all the outstanding accounts receivables form clients and customers.

03/15/2022: Ventura, CA

Collection Specialists keep track of accounts receivable.

03/22/2022: Lorain, OH

Specialists are responsible for establishing and maintaining various documents, reports and following regulation forms.

02/02/2022: Monroe, LA

Analyzed credit service bureau data as needed and recommended changes required to credit limit or collection actions.

03/28/2022: Lawrence, MA

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 Collection Specialist jobs

Collections specialists must be able to approach each conversation as a fresh start without carrying over any emotions from previous calls.

04/11/2022: Allentown, PA

Collections specialists are often entry-level professionals with minimal experience and education.

02/28/2022: Lexington, KY

If you want to take this path, you must have the ability to provide exemplary customer service, type and talk at the same time, be reliable, hardworking and willing to learn.

02/09/2022: Concord, NH

Collections specialists are often entry-level professionals with minimal experience and education.

02/07/2022: Waco, TX

A collection specialist should also understand how to overcome objections owing to the nature of the job.

01/27/2022: Bridgeport, CT

Step 3: View the best colleges and universities for Collection Specialist.

Florida Southern College
Colby College
Dartmouth College
University of Notre Dame
Western Washington University
Canisius College