College Co-op – Cash Application Analyst (MJ)
About the Department:
The Cash Application team is responsible for accurately applying both premium and non-premium payments, including the reconciliation of all funds received. This function is essential to maintaining financial integrity and supporting the broader goals of the Finance Division.
Co-op Job Description:
The co-op will support the Cash Application team through a combination of recurring responsibilities and ad-hoc projects. Tasks may be deadline-driven or require same-day completion. A key assignment will involve conducting trend analysis to help reduce unnecessary inquiries, culminating in a presentation of findings and recommendations to business partners.
Key responsibilities may include (but are not limited to):
Processing and reconciling payments
Supporting daily operations and generating reports
Conducting research and analysis on payment trends
Preparing and delivering presentations to internal stakeholders
Collaborating with team members and cross-functional partners
Required Skills and Qualifications
The ideal candidate will demonstrate:
·Strong analytical and problem-solving abilities
·Effective written and verbal communication skills
·Ability to manage competing priorities and meet deadlines
·Proficiency in Microsoft Office (Excel, Word, PowerPoint)
·Excellent organizational skills and attention to detail
·Ability to work independently and within a team environment
·Comfort communicating with individuals at all levels of the organization
Accepted Majors:
Accounting – Directly relevant to cash application, reconciliation, and financial reporting
Finance – Strong foundation in financial systems, reconciliation, and payment processing
Business
Business Administration – Must have a concentration in Finance or Accounting
Management Information Systems (MIS) – Must understand financial systems and data analysis
Economics – Analytical skills and understanding of financial flows and trends
Operations Management – Relevant for process improvement and workflow optimization
Classification:
·Junior
·Senior
·Recent Graduate within one year or less of the programs start date
GPA Requirement:
·3.1 or higher
Independence Blue Cross is an Equal Opportunity and Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to their age, race, color, religion, sex, national origin, sexual orientation, protected veteran status, or disability.
Must have an Android or iOS device which is compatible with the free Microsoft Authenticator app.