The Associate Accountant - Fund Coordinator plays a pivotal role at Luminare Health by managing claim funds, conducting daily ECHO balancing, and maintaining claims accounts for clients. This includes balancing daily claims processing, reviewing bank reports, and communicating funding instructions and payment variances to the Client Management team.

To apply for the Associate Accountant - Fund Coordinator role at Luminare Health, you need a high school diploma or equivalent and at least 2 years of accounting or finance experience. Proficiency in Microsoft Excel, Word, and Outlook is also required, and an Associate’s degree is preferred.

Yes, the Associate Accountant - Fund Coordinator role is a remote position. However, candidates must reside in specific states including IL, IN, IA, KS, MO, MT, NM, NC, OK, PA, TX or WI to be considered for employment.

For the Associate Accountant - Fund Coordinator position at Luminare Health, essential skills include a high degree of accuracy, courtesy, and the ability to manage multiple tasks simultaneously. Strong communication skills are also vital, as you will often interact with various departments and clients.

Luminare Health provides a robust total rewards package for the Associate Accountant - Fund Coordinator role, including health and wellness benefits, a 401(k) savings plan, pension, paid time off, tuition reimbursement, and more to support your work-life balance.

To maintain high accuracy levels in accounting tasks, I implement thorough checks and balances, double-check figures, and utilize accounting software to help minimize manual errors. It’s crucial to establish a routine to review and confirm all transactions before finalizing them.

In my previous roles, I regularly executed ECHO balancing by comparing figures across the adjudication and payment platforms to ensure consistency. I always keep meticulous records that allow for easy reconciliation and identification of discrepancies.

If I suspected a funding variance, I would first gather all relevant data and documentation to identify the source of the discrepancy. I’d then communicate with the Client Management team for further insights and collaborate to correct the issue, ensuring all parties are updated throughout the process.

To handle multiple accounting tasks effectively, I prioritize my workload based on deadlines and importance. Using project management tools and calendars helps me manage my time effectively and ensure that I remain on track with all responsibilities.

I am proficient in Microsoft Excel, Word, and Outlook, and have experience with various accounting software platforms. I leverage Excel for data analysis and reporting, ensuring that I can easily manipulate data for accurate results.

My experience with bank reconciliation has involved comparing our bank statements with internal records to ensure accuracy. I always investigate discrepancies thoroughly and maintain clear documentation to support reconciliation efforts.

To process stop-loss reinsurance funding effectively, I would first compile the necessary documentation and historical data related to claims. I'd coordinate with the Reinsurance Team and Client Management to ensure all guidelines are followed and that clients are updated regarding their funding needs.

I utilize a combination of task prioritization and time-blocking techniques. By breaking down larger tasks into smaller, manageable parts and setting specific deadlines, I can stay organized and maintain a steady workflow.

Effective communication with Client Management is key in this role. I always make an effort to provide clear and timely updates on funding and claims statuses, remain approachable for questions, and adapt my communication style to better suit the needs of my colleagues and clients.

When I receive a change request from a client, I first verify the authenticity of the request and gather all pertinent information. I then promptly update our records while communicating any changes to relevant teams to ensure everyone is aligned and informed.