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A Connecticut based Medical Insurance company is seeking an experienced Stop Loss Auditor to join a fully remote team supporting medical stop loss insurance operations. This role focuses on auditing high-cost medical claims, evaluating liability under stop loss policies, and ensuring accurate and compliant reimbursement.
Job Responsibility:
Audit medical stop loss claims for assigned clients
Review and approve Plan Documents to ensure compliance
Evaluate reimbursement requests and determine claim validity
Verify claims are paid according to Plan Documents and Stop Loss policies
Confirm participant and dependent eligibility
Review high-cost claims for financial accuracy, coding accuracy, and cost containment coordination
Process claim reimbursements on behalf of carriers/reinsurers
Maintain accurate and detailed claim documentation
Meet established accuracy and turnaround time standards
Identify and recover overpaid claims through refund requests
Partner with TPAs throughout the approval process
Maintain professional relationships with internal teams and external clients
Participate in cross-training opportunities as business needs allow
Requirements:
3+ years of medical stop loss insurance experience (required)
Experience auditing stop loss or first-dollar medical claims
Strong knowledge of: Plan Documents and Stop Loss policies, Reinsurance contracts, Medical terminology and coding (ICD-10, HCPCS, CPT-4)
Ability to work independently in a remote environment while collaborating with a team