Payment Specialist calculating and processing disability and life benefits for Alberta Blue Cross. Managing overpayments, tax reporting, financial balancing, and confidential claimant information.
Responsibilities
Calculate and process Short Term Disability, Long Term Disability, and Life payments according to contract terms
Apply CPP adjustments, offsets for other earnings, and interest adjustments
Ensure Life and Disability payments are assessed, approved, and documented by an authorized Case Manager or other approver before release
Process lump sum payments, recurring disability payments, and payment updates
Prioritize and maintain workload to meet turnaround standards and support a positive customer experience
Maintain accuracy in calculation and management of benefit payments
Manage sensitive and confidential customer information
Validate internal approval limits and pre-disability salary amounts
Identify and address direct deposit information concerns and errors
Respond to payment amount questions from claimants and plan sponsors/brokers
Track and manage benefit overpayments, including maintaining tracking spreadsheets and managing settlement communications
Follow up on outstanding accounts and apply voids, adjustments, or overpayment amounts
Forward incoming funds to the Accounting department
Assist with monthly discrepancy and year-end financial balancing
Prepare and review T4 and T4A reports and complete year-end tax-related processes
Review and update COLA and tax adjustments at year end
Act as designated contact between Alberta Blue Cross and Service Canada for Canada Pension Plan Disability Benefits
Requirements
Completion of a post-secondary diploma or certificate program in a related field, which may include payroll or disability payment calculation
Minimum of 2 years relevant work experience
Proven ability to use technology tools and easily learn new software applications
Proficiency with Microsoft Word, Excel, Outlook, and Internet search tools
Strong attention to detail and accuracy
Commitment and passion to excel in delivering a superior customer experience
High level of personal accountability and professionalism
Excellent written and verbal communication, listening, and interpersonal skills
Ability to deal effectively with the public, peers, coworkers, and in a team environment
Strong organizational, problem-solving, and decision-making skills
Ability to manage changing priorities, maintain confidentiality, work independently with minimal supervision, and meet deadlines
Satisfactory criminal record check required as a condition of employment following a conditional offer
Benefits
Diversity-focused and inclusive workplace
Healthy work-life balance
Career growth opportunities
Innovative, high-energy, team-focused work environment
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