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About the Role

The Claims Trust Accounting Coordinator supports the Trust Accounting function for ASO and carrier claims, focusing on daily EFT processes, monthly reconciliations, billing, and Health Care Spending Account/Cost Plus Trust Accounting.

Responsibilities

• Generate daily EFT payment reports for review/approval from Adjudicare.
• Daily funding of claims payment bank accounts for issued cheque and EFT payments.
• Monthly reconciliation and billing of ASO and carriers for claims issued from Adjudicare.
• Daily reconciliation of cleared payments through the claims payment bank accounts to identify inaccurate, duplicate, fraudulent and returned payments.
• Coordinate with Claims team to verify payment status for stop payment requests / void claims payments.
• Provide information to Trust Accounting Analysts for monthly bank reconciliations.
• Perform periodic analysis for unclaimed property in accordance with legislative or carrier requirements.
• Manage stop loss payments of carriers and application to BASO reports / refund to plan sponsors.
• Administer Trust Accounting processes for Health Care Spending Accounts (HCSA) and Cost Plus groups.
• Prepare SAGE entries, ad-hoc reports and reconciliations.
• Collaborate with other Trust Accounting team members on cross-functional tasks and projects.

Requirements

• Formal education in accounting at the undergraduate level or equivalent work experience.
• Experience in insurance, group benefits and/or third party administration preferred.
• Commitment to meeting objectives and required timelines.
• Adaptable; actively embraces and manages change.

Skills

• Proficiency in MS Office applications including Word, Excel, and Outlook.
• Advanced Excel skills.
• Ability to work with large amounts of data and existing spreadsheets and tracking documents.
• Strong analytical skills.

Location

• Remote

Work Type

• Full-time

Experience Level

• Not specified

Education Level

• Undergraduate degree in accounting or equivalent experience

Salary/Compensations

• $43,000 - $48,000 annually

Benefits

• Competitive salaries
• Comprehensive group benefits plan
• Generous retirement savings plan

About the Company

• People Corporation is a national provider of benefits, retirement, wealth, wellness, and human resource solutions.
• We serve over 20,000 clients representing nearly 3 million Canadians.
• We offer customized solutions designed to fit the unique needs of businesses and their employees, members, and stakeholders.

Equal Opportunity

• We are committed to providing an inclusive, accessible environment, where all employees and clients feel valued, respected, and supported.
• We are dedicated to building a workforce that reflects the diversity of the communities in which we live, and to creating an environment where every employee has the opportunity to reach their potential.
• If you require an accommodation or an alternative format of any posting please reach out to careers@peoplecorporation.com.
• For more information on Accessibility at People Corporation, visit our link https://www.peoplecorporation.com/en-ca/accessibility-statement.