Finance Treasury Rotational
Provide a brief description of the department’s goals & how it fits into the organization:
The Investment and Treasury Services (Treasury) goal at Independence is to manage all aspects of cash (receipts, payables, daily balancing, planning) and the investment of corporate assets.
Job Description:
The co-op/intern position will be a shared resource utilized by several areas in the Treasury Organization (not Payroll). The Intern will have assigned recurring job responsibilities as well as ad-hoc projects and tasks. Recurring work will be evenly assigned in 1/3 increments as part of the Cash Application team, the Disbursements team and the Cash Management/Investments team. The possibility of random projects across Treasury also exists.
1. Weekly Medical claim payment balancing
2. Address research for returned medical claim payments
a. Assist with uncashed check(s) mailings and annual filings
3. Research & processing of premium and/or non-premium payments
4. Cash receipts trending, analytics, and improvement project
5. Recurring Provider Risk Arrangement Transactions
a. Weekly and Monthly Risk Arrangement invoicing
b. Monthly premium allocation reporting
c. Monthly Risk net payment wires
d. Quarterly settlements wires and journal entries