Financial Recovery Analyst

Title: Financial Recovery Analyst

State Role Title: Financial Services Spec I

Hiring Range: $62,492 - $64,757

Pay Band: 4

Agency: Dept of Med Assistance Svcs

Location: Dept of Medical Asst Services

Agency Website: www.dmas.virginia.gov

Recruitment Type: General Public - G

Job Duties

The Department of Medical Assistance Services (DMAS) is excited to offer a competitive opportunity to serve as the Financial Recovery Analyst in the Fiscal Division.

Job responsibilities will include, but are not limited to:

The chief objective of this position is to investigate, identify, and recover Third Party Liability (TPL) related receivables due to the Department of Medical Assistance Services (DMAS).

The purpose of this position is to ensure the timely and accurate recovery of funds in accordance with both state and federal regulations related to Medicaid recoveries.

The above activities are to ensure that Virginia Medicaid remains the payor of last resort.

The business needs for this position may be completed virtually.

Located in beautiful Central Virginia, the Richmond area puts you just 2 hours from the Blue Ridge Mountains, Virginia Beach and Washington DC. To learn more about the Richmond, VA area visit: https://www.virginia.org/

The Department of Medical Assistance Services (DMAS) is working to improve the health and well-being of Virginians through access to high quality health care coverage.

DMAS wants talented individuals who can align their experience with the mission of the agency and its core values – service, collaboration, trust, problem solving and adaptability.

At the Department of Medical Assistance Services (DMAS) we encourage and promote that you Come as you are | Become who you want to be | That is our promise.

Minimum Qualifications

Competitive candidates will meet these minimum qualifications:

Knowledge/experience of health coverage entities and related partners including insurance companies, law firms, courts, and outside agencies such as the Department of Social Services (DSS) and the Office of the Attorney General (OAG).

Knowledge/experience performing work requiring analysis of data and application of applicable professional principles and standards required.

Knowledge/experience of the interplay of financial recovery processes and accounts receivable.

Knowledge/experience handling multiple time sensitive deliverables.

Knowledge/experience utilizing personal computer and related software applications including Microsoft (MS) Outlook, MS Teams, MS SharePoint, MS Dynamics, MS Word, MS Excel, MS PowerPoint, APEX applications, and Oracle Finance required.

Knowledge/experience and/or experience analyzing, interpreting, and applying federal, state laws/regulations related to Virginia Medicaid and Third Party Liability (TPL) recoveries.

Knowledge/experience meeting deadlines.

Knowledge/experience effectively communicating with internal and external stakeholders.

Knowledge/experience of medical terminology and claims information.

Additional Considerations

Competitive candidates should meet these additional considerations:

Knowledge/experience with accounting practices specific to Virginia Medicaid.

Knowledge/experience with queries from complex automated computer systems including Virginia Medicaid’s Fiscal Agent Services (FAS) system, Claims Inquiry Request for Information (CIRI) system, and the TPL Case Management System (TPL CMS).

Special Instructions

You will be provided a confirmation of receipt when your application and/or résumé is submitted successfully. Please refer to “Your Application” in your account to check the status of your application for this position.

The Virginia Department of Medical Assistance Services (DMAS) does not offer employment-based Sponsorship. Selected candidates will have their work authorization completed using the E‐Verify Program.

The Department of Medical Assistance Services (DMAS) is an Executive Branch agency that will adhere to all policies and procedures, to include the Commonwealth’s Department of Human Resource Management Policy 1.61 Teleworking. This position could be expected to work in the office as driven by business needs.

Telework arrangements are a privilege and may be rescinded at any time based on perform