Fraud Analyst
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Key skills for this role
About the Role
Responsible for detecting medical fraud, waste, and abuse, collaborating with teams, and requiring experience in health insurance and data analytics.
Key Skills for This Role
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Overview
As Medical Fraud Analyst within Payment Integrity FWA Team you will be directly supporting Cigna s affordability commitment within Cigna International's business within KSA.
This role is responsible for detecting and recovering FWA payments for non-network claims, creating solutions to prevent claims overpayment and future spend monitoring within a dedicated region.
He/she will work closely with other PI team members, Network, Medical Economics, Data Analytics, Claims Operations, Clinical partners, Product and International Member Investigation Unit (MIU)
What You Ll Do
- Identify and investigate potential instances of medical fraud, waste or abuse (FWA) or error across all Cigna s International Markets books of business for claims incurred in a dedicated region. (KSA)
- Perform a variety of prepay focused cost avoidance activities.
- Seek recovery of FWA payments from claim submissions.
- Ensure PI savings are tracked and reported accurately.
- Work in partnership to implement solutions and drive execution to prevent claims overpayment, unnecessary claim spends and ensure timeliness and accuracy of PI claims review process.
- Negotiation with out-of-Network providers.
- Perform data mining to reveal FWA trends and patterns.
- Partner with Cigna TPAs on FWA investigations.
- Partner with Payment Integrity teams in other locations to share FWA claiming schemes.
- Partner with Data Analytics team in building future FWA triggers automation.
- Provide investigation reports to internal and external stakeholders.
- Abide by local regulations including but not limited to data residency restriction.
- Work on subrogation as needed for local claims in KSA in collaboration with Compliance team.
What You Ll Bring
- You should enjoy working in a team of high performers, who hold each other accountable to perform to their very best.
- Experience of investigation within payment integrity or similar discipline.
- 3 - 5 years of health insurance or health care provider experience.
- Knowledge of claims coding, local regulatory rules and medical policy.
- Medical/ paramedical qualification is a definite plus.
Skills
- Critical mind-set with ability to identify cost containment opportunities.
- Experience with data analytics.
- Demonstrated strong organization skills.
- Strong attention to detail.
- Ability to quickly learn new and complex tasks and concepts.
- Excellent verbal and written communication skills.
- Ability to balance multiple priorities at once and deliver on tight timelines.
- Flexibility to work with global teams and varying time zones effectively.
- Experience in liaising with internal stakeholders and ability to work independently within a cross functional team.
- Strong organization skills with the ability to juggle priorities and work under pressure to meet tight deadlines.
- Fluency in Arabic in addition to fluent English is a must.
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