Reconciliation Officer at Allianz Insurance

Cairo, Cairo, Egypt -

Full Time

Start Date

Immediate

Expiry Date

09 Aug, 26

Salary

0.0

Posted On

11 May, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Claims Reconciliation, Financial Analysis, Data Analytics, Microsoft Excel, Problem Solving, Attention To Detail, Time Management, Written and Verbal Communication, Claims Processing Systems, Regulatory Compliance, Accounting Principles, Stakeholder Management

Industry

Financial Services

Description

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. AI READINESS Work effectively in an environment shaped by artificialintelligence (AI), machine learning, data analytics and cloud-based tools,using insights responsibly with our standards of data governance, security and ethical use. Key requirements/What you bring: Bachelor’s degree in any Medical field. 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. How we hire: Allianz Partners does not accept unsolicited CV’s or approaches from agencies. We only work with partners on our approved supplier list, under contract. Any unsolicited submission will not be considered. 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, 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 key priority for us. This is why we build Work Well programs to providing 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' 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 At Allianz Partners, AI is revolutionizing customer service and claims management through innovative solutions. These AI-driven tools enhance productivity by streamlining complex claims processes, reducing administrative burdens, and accelerating resolution times. Our AI-powered technology has made claims processing faster, offering quicker resolutions. All while ensuring human oversight for claims to maintain service integrity. By embracing AI and Emerging Technologies, Allianz Partners continues to lead the industry, meeting ever-changing customer needs with innovative solutions. Our commitment to Ethical AI practices safeguards data integrity and trust, ensuring responsible deployment across all operations. This approach not only enhances customer experiences but also supports strategic initiatives like fraud detection and personalized product offerings, solidifying Allianz Partners' position as a leader in the insurance sector.

Responsibilities

The role involves reviewing and verifying claims for accuracy, reconciling data with financial records, and investigating discrepancies. It also requires collaborating with stakeholders and healthcare providers to resolve issues and preparing performance reports.