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Funding Specialist

Allied Benefit Systems, LLC
Hybrid remote in Chicago, IL Full Time
POSTED ON 1/31/2022 CLOSED ON 4/15/2022

What are the responsibilities and job description for the Funding Specialist position at Allied Benefit Systems, LLC?

Would you like to be part of a growing national healthcare solutions company? Are you looking to positively affect thousands of lives each day via health benefits? Do you have school or work experience in Finance?

We are hiring for a Funding Specialist to join our team.

Who we are

Allied is a national healthcare solutions company that supports healthy workplace cultures.

What we do

We are problem-solvers, innovators, and collaborators. Our purpose is to work with employers to take care of their employees and their families every day – and it all starts with the Allied family.

What’s in it for you?

Allied supports an inclusive culture focused on developing employees to succeed, innovate & impact the community.

Here’s how we do it

Training and Development: Allied offers tailored learning and development curriculums for all employees and a Learning Management Database with thousands of courses for professional and personal development.

Career Mobility: Growth opportunities are endless at Allied. In 2021 alone, one in five employees had a job change. 75% of these job changes were promotions!

Employee Engagement: We pride ourselves on employee engagement! With our recognition program, employees recognize their colleagues monthly or donate to charities with cash rewards. Allied has a dedicated committee planning monthly engagement activities to create endless opportunities to get to know your peers and destress in this new remote world.

Employee Feedback: We regularly survey our employees throughout the year to seek continuous feedback, ideas and suggestions on new initiatives.

Community Outreach: We have dedicated committees focused on fundraising efforts supporting our employees and their families, furthering education goals and providing funds for charitable organizations outside of Allied.

What you will be doing

Funding Specialists handle the daily functions of preparing and communicating weekly or daily financial requirements to our clients. Funding Specialists will need to handle financial transactions and approvals from clients, along with releasing appropriate payments to be mailed to providers.

ESSENTIAL FUNCTIONS

  • Audit daily check register reports
  • Assemble weekly or daily funding request information for clients
  • Communicate appropriate funding information and requirements to clients
  • Accurately track all funding transactions on a client basis
  • Handle releasing payments to providers or taking action on certain payments
  • Record bank transactions for specific clients
  • Process claim payments for various vendor fees
  • Deposit checks received in the Funding Department
  • Sort through and correctly handle mail received in the Funding Department

SKILLS & ABILITIES

  • Word – Basic level
  • Excel – Intermediate level
  • Access – Basic level
  • Communication Skills – written and verbal
  • Excellent organizational skills

Experience

Accounting/Finance or Collections background preferred

Education

Bachelor’s degree in Accounting/Finance or equivalent experience preferred

PHYSICAL DEMANDS

  • Sitting at a desk for an extended period
  • Able to handle stressful situations
  • Ability to work under pressure

WORK ENVIRONMENT

Allied currently offers a hybrid work environment where a mix of office and work from home hours are available. Required to come onsite one day a week


Hiring is contingent upon successful completion of our background and drug screening process. Allied is a drug-free and tobacco-free workplace.

Diversity creates a healthier atmosphere: Allied is an Equal Employment Opportunity / Affirmative Action employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, national origin, protected veteran status, disability status, sexual orientation, gender identity or expression, marital status, genetic information, or any other characteristic protected by law.

#LI-MM1 #LI-HYBRID

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