Accounting representative vs loan services representative

Differences between accounting representative and loan services representative duties and responsibilities

Accounting representative example responsibilities.

• Review and verify invoices and administer check, ACH, and wire payments.
• Submit claims; re-bill claims, adjustments claims, and collections from Medicare, Medicaid and other commercial insurance payers.
• Balance ACH debit exception report, ACH credit exception report and share draft non-post report and enter corresponding general ledger entries.
• Submit claims to Medicare and Medicaid utilizing IDX system for electronic processing.
• Prepare daily reconciliations of policy relate cash receipts and disbursements and suspense accounts.
• Resolve errors by resubmitting correct or unacknowledge claims, medical records, appeals and other documentation require for timely payments.
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Loan services representative example responsibilities.

• Manage customer relations with internal personnel, group administrators, brokers and members as related to Medicare insurance.
• Track, compile, and send HUD and VA binders off to respective government agency.
• Approve final numbers on HUD closing contract, turn in final sign contract to lender for funding.
• Provide research support functions to management and sales representatives on check copies, ACH maintenance and speed-pay income.
• Complete address changes, respond to emails, opt out requests, return mail, ACH inquiries and enrollment.
• Provide internal and external customers with require foreclosure documents while meeting require deadlines.
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