Claims Reconciliation Officer

Allianz

Cairo, Egypt

Ref: SP864-388

Job description / Role

Job Type
Full Time
Job Location
Cairo, Egypt
Nationality
Any Nationality
Salary
Not Specified
Gender
Not Specified
Arabic Fluency
Not Specified
Job Function
Finance, Business Analysis & Consulting
Company Industry
Insurance

Key responsibilities / What you do:

  • Review and verify claims to ensure their accuracy and completeness.
  • Process necessary adjustments and corrections to claims efficiently.
  • Reconcile claims data with financial records and systems to maintain consistency.
  • Detect and investigate discrepancies in claims transactions, ensuring prompt and precise reconciliation.
  • Analyze claims data to uncover trends and patterns for informed decision-making.
  • Prepare detailed reports and presentations on claims performance and reconciliation results.
  • Leverage data analytics tools to enhance the efficiency of the claims reconciliation process.
  • Support internal and external audits related to claims and reconciliation activities.
  • Maintain well-organized and accurate documentation for audit compliance.
  • Collaborate closely with finance, processing, and customer service teams to resolve claims issues.
  • Communicate clearly with stakeholders to address and resolve claims discrepancies.
  • Manage direct communication with healthcare providers regarding their rejection rates and reconciliation review findings.
  • Lead reconciliation meetings with stakeholders as required by the reconciliation process.
  • Perform other ad hoc duties as needed.
  • Key requirements / What you bring:

  • Bachelor's degree in any medical field, finance, business administration, insurance, or a related field preferred.
  • Minimum of 2-3 years of experience in claims reconciliation, financial analysis, or a similar role.
  • Experience in the insurance or healthcare industry is preferred.
  • Strong analytical and problem-solving skills.
  • Proficiency in Microsoft Excel and other data analysis tools.
  • Excellent attention to detail and accuracy.
  • Strong organizational and time management skills.
  • Ability to work independently and as part of a team.
  • Excellent written and verbal communication skills.
  • Familiarity with claims processing systems and software.
  • Understanding of regulatory requirements related to claims and reconciliation.
  • Knowledge of accounting principles and practices.
  • Legally permitted to work in the country of operations.
  • Hybrid working option available as per business requirements.
  • Key benefits / What we offer:

    Our employees play an integral part in our success as a business. We appreciate that each of our employees are unique and have unique needs and ambitions, and we enjoy being a part of their journey.

    We are there to empower and encourage you with your personal and professional development, ensuring that you take control by offering a large variety of courses and targeted development programs. All that in a global environment where international mobility and career progression are encouraged. Caring for your health and wellbeing is a key priority for us. This is why we build Work Well programs to provide you with peace of mind and give the flexibility in planning and arranging for a better work-life balance.

    Allianz Group is one of the most trusted insurance and asset management companies in the world. Caring for our employees, their ambitions, dreams, and challenges is what makes us a unique employer. Together we can build an environment where everyone feels empowered and has the confidence to explore, to grow, and shape a better future for our customers.

    We at Allianz believe in a diverse and inclusive workforce and are proud to be an equal opportunity employer. We encourage you to bring your whole self to work, no matter where you are from, what you look like, who you love, or what you believe in.

    We therefore welcome applications regardless of ethnicity or cultural background, age, gender, nationality, religion, disability, or sexual orientation. Join us. Let's care for tomorrow.

    Note: Diversity of minds is an integral part of Allianz's company culture. One means to achieve diverse teams is a regular rotation of Allianz Executive employees across functions, Allianz entities, and geographies. Therefore, the company encourages its employees to be motivated in gaining varied skills from different positions and to collect experiences from across Allianz Group.

    About the Company

    With over 159,000 employees from 172 nationalities across more than 70 countries, we are one of the world's most trusted insurance and asset management companies. We offer a broad range of products and services in property/casualty insurance, life/health insurance, and asset management. We have our largest operational presence in Europe, and our parent company, Allianz SE, is headquartered in Munich, Germany. From jobs in Actuarial, Business and IT to Inhouse Consulting and Investment Management - your opportunities are endless!

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