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Full-Time

Financial Operations Analyst

Billing Analyst

Confirmed live in the last 24 hours

Centivo

Centivo

201-500 employees

Affordable health insurance with primary care focus

Hardware
Fintech
Financial Services
Biotechnology
Healthcare

Compensation Overview

$45k - $54kAnnually

+ Bonus + Health Benefits + PTO + Equity Option Grants

Mid

Buffalo, NY, USA

Category
Financial Planning and Analysis (FP&A)
Finance & Banking
Required Skills
Communications
Excel/Numbers/Sheets
Requirements
  • 2+ years of experience in similar role
  • High school diploma or GED required, Associate's or Bachelor's degree preferred
  • Experience working with highly automated and integrated claim adjudication system required, El Dorado-Javelina preferred
  • Intermediate Microsoft excel experience (pivot tables, VLOOKUP)
  • Familiarity with other Microsoft programs including Word, Teams, Outlook
  • Ability to prioritize and organize own work to meet deadlines
  • Strong customer service skills and attention to detail
  • Strong communication skills, working in a fast-paced environment
  • Strong interpersonal skills, establishing rapport and working well with others
Responsibilities
  • Initiate ACH payments and account transfers in JPMC online banking
  • Monitor client bank accounts using balance tracking spreadsheets, weekly check registers and JPMC transaction reports
  • Log and scan all provider refund checks received in office, and send tasks to the claims department for refunds to be processed in the claims system
  • Monitor ACH refunds received from Zelis, and send corresponding reports to the claims department for refunds to be processed in the claims system
  • Issue check payments in the claims system. Collect checks and mail to various vendors.
  • Manage pharmacy claim invoices received from various vendors
  • Release payments and EOBs to providers in the Zelis payment portals
  • Monitor claims in PAY queue and investigate any that have been stuck in PAY longer than 7 days

Centivo provides health insurance focused on making healthcare affordable and accessible. The company operates by offering free primary care, no deductibles, and low, predictable copays, which helps keep members healthier and reduces the need for hospital visits. Centivo serves various clients, including grocery chains and healthcare startups, and generates revenue by charging these clients for health plans provided to their employees. A key feature of Centivo's service is its integrated virtual care, allowing members to access healthcare conveniently. Unlike many competitors, Centivo emphasizes a curated network of quality providers and a commitment to lowering costs, which has garnered recognition for its effective approach to health insurance.

Company Stage

Series B

Total Funding

$151.4M

Headquarters

Buffalo, New York

Founded

2017

Growth & Insights
Headcount

6 month growth

2%

1 year growth

1%

2 year growth

3%
Simplify Jobs

Simplify's Take

What believers are saying

  • The acquisition of Eden Health allows Centivo to expand its reach and enhance its virtual care services, potentially increasing member satisfaction and retention.
  • Centivo's model of free primary care and low copays can lead to lower overall healthcare costs for both employers and employees, making it an attractive option for cost-conscious clients.
  • The appointment of experienced leaders like Ryan Moore as Chief Revenue Officer can drive strategic growth and operational efficiency, positioning Centivo for continued success.

What critics are saying

  • The integration of Eden Health's services and technology may present challenges, potentially disrupting Centivo's operations and member experience.
  • The competitive health insurance market requires Centivo to continuously innovate and maintain its cost advantages to avoid losing market share.

What makes Centivo unique

  • Centivo's primary care-centered model with no deductibles and low, predictable copays sets it apart from traditional health insurance providers.
  • The acquisition of Eden Health enhances Centivo's virtual care capabilities, integrating mental health, urgent care, and workplace clinics into its offerings.
  • Centivo's focus on stringent price and quality standards for providers ensures high-quality care, which is a significant differentiator in the health insurance market.

Benefits

Insurance: Medical, dental, vision, life & diability

401k plan

Access to a health savings account

Commuting and dependent care FSA

Competitive salary, bonus, & equity