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Senior Claims Benefit Specialist
CVS Health Careers. Review and adjust SF (self-funded), FI (fully insured), Reinsurance, and/or RX claims .
Core Competencies
Role fitCore Competencies
Use this summary to align your resume positioning with the role.
Demonstrates expertise in medical claim processing, including adjudication of complex claims, eligibility verification, and compliance with payment procedures. Proficient in applying medical necessity guidelines and managing provider contracts to ensure accurate claim adjustments and cost containment.
Highest-signal resume keywords
Medical Claim Processing ExperienceClaims AdjudicationEligibility VerificationCost Containment MeasuresEffective Communication Skills
ATS Keywords
Tailor your resumeApplicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills
Claims Processing ExpertiseClaim AdjustmentsOverpayment and Underpayment ReviewReinsurance ClaimsSelf-Funded ClaimsFully Insured ClaimsProvider Refund ProcessingClaim Re-Work CalculationsMedical Necessity GuidelinesCompliance Requirements
Soft Skills
Organizational SkillsInterpersonal SkillsAbility to Handle Multiple AssignmentsEffective Communication
Tools & Technologies
DG System Claims Processing
Certifications & Qualifications
High School DiplomaGEDAssociate Degree
Industry Keywords
Claims Processing GuidelinesProvider ContractsCost ContainmentPre-ApprovalsReconsiderationsAppeals
About the role
Key responsibilities & impact- Review and adjust SF (self-funded), FI (fully insured), Reinsurance, and/or RX claims
- Adjudicate complex, sensitive, and/or specialized claims according to claim processing guidelines
- Process provider refunds and returned checks
- Perform claim adjustments across all dollar amount levels using technical and claims processing expertise
- Apply medical necessity guidelines and determine coverage
- Complete eligibility verification and identify discrepancies
- Apply cost containment measures during claim adjudication
- Perform claim re-work calculations
- Complete claim overpayments, underpayments, and other irregularities
- Review and interpret medical contract language and provider contracts to confirm overpayments and allocate refund checks
- Handle telephone and written inquiries regarding pre-approvals/pre-authorizations, reconsiderations, and appeals
- Ensure compliance requirements and company payment procedures are satisfied
- Review relevant correspondence that may require claim adjustments
- Provide job shadowing to less experienced staff when needed
- Utilize resource materials to manage job responsibilities
Requirements
What you’ll need- 2+ years medical claim processing experience
- Experience in a production environment
- Demonstrated ability to handle multiple assignments competently, accurately, and efficiently
- Effective communications, organizational, and interpersonal skills
- High School Diploma or GED
- DG system claims processing experience preferred
- Associate degree preferred
Benefits
Comp & perks- CVS Health bonus, commission or short-term incentive program in addition to base pay
- Medical coverage
- Dental coverage
- Vision coverage
- Paid time off
- Retirement savings options
- Wellness programs
- Other resources supporting physical, emotional, and financial well-being, based on eligibility