Britam Medical Accounting Associate-Fixed Term Contract Jobs in Kenya

Britam Medical Accounting Associate-Fixed Term Contract Jobs in Kenya

Job Purpose:

  • The role holder will be responsible for Medical Accounting including; Fund management, premium collections, provider reconciliations and ensuring that provider payment are made on time

    Key responsibilities

    Payments and Reconciliation

  • Prepare monthly hospital payout targets for major providers and send the list to the Medical Claims Team

  • Generate and send remittance advice for payments made to the respective medical providers including the invoice details.

  • Review payouts on a regular basis with an aim of ensuring that monthly payout targets for major providers are met.

  • Perform reconciliations with provider statements and ensure resolution of outstanding balances on a timely basis.

  • Reconcile Britam Credit account facilities with the various providers and ensure the same is maintained within the agreed SLAs.

  • Monitor medical provider guarantees to ensure timely renewal of expired guarantees and cancellations for discontinued providers.

    Fund & Insured Schemes Management

  • Monitor utilization of funded schemes and follow up on replenishment at 75% utilization

  • Generate and issue monthly fund utilization statements and Insured schemes on request

  • Advise cashier on the receipting and allocation for all medical collections including; Insured premiums, Funded schemes, and card costs

  • Perform monthly reconciliation of
    funded schemes and agree to balances to ERP General Ledger Out Patient fund account.

  • Generate Insured premium statement and facilitate collection of the same with the Sales team and intermediaries

  • Reconciliation and collection/recovery of medical claims paid outside the policy.

  • Process medical premium refunds to clients.

    Knowledge, experience, and qualifications required

  • Bachelor's degree in a business-related field.

  • CPA(K) or other similarly recognized accounting profession qualification.

  • 2-3 years of accounting experience in a similar role.

  • Knowledge of ERP AP system and/or experience of using Oracle Financials would be an advantage.

  • Strong computer and business solutions software skills.

  • Strong analytical and problem-solving skills.

  • Analytical skills.

    How to Apply

  • For more information and job application details, see; Britam Medical Accounting Associate-Fixed Term Contract Jobs in Kenya

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