Loan Accounting Analyst

Are you a detail-oriented and analytical individual looking for a challenging yet rewarding career opportunity? Look no further! UnitedHealth Group is seeking a highly motivated Loan Accounting Analyst to join our dynamic team. As a Loan Accounting Analyst, you will play a crucial role in ensuring the accuracy and integrity of our loan accounting processes. If you have a strong background in accounting, a passion for problem-solving, and a desire to make a positive impact, we want to hear from you! Join us in our mission to help people live healthier lives and make a difference in the healthcare industry.

1. Perform daily, weekly, and monthly reconciliations of loan accounts to ensure accuracy and identify any discrepancies.
2. Monitor loan transactions and identify any irregularities or issues that may impact the accuracy of the loan accounting processes.
3. Conduct thorough research and analysis to resolve any identified discrepancies or issues, and communicate findings to management.
4. Collaborate with other departments, such as finance and operations, to ensure accurate and timely recording of loan transactions.
5. Develop and maintain detailed documentation of loan accounting processes and procedures.
6. Participate in the testing and implementation of new loan accounting systems and processes.
7. Ensure compliance with internal controls and regulatory requirements related to loan accounting.
8. Assist in the preparation of monthly, quarterly, and annual financial reports related to loan accounting.
9. Proactively identify opportunities for process improvements and make recommendations to management.
10. Stay up-to-date on industry trends and regulations related to loan accounting, and make recommendations for changes to processes as needed.
11. Perform ad-hoc analysis and reporting as requested by management.
12. Train and mentor new team members on loan accounting processes and procedures.

According to JobzMall, the average salary range for a Loan Accounting Analyst is between $50,000 to $75,000 per year. However, this can vary depending on the specific company, location, and experience of the individual. Some Loan Accounting Analysts may make upwards of $100,000 per year, while others may start at a lower salary. Factors such as education, certifications, and job responsibilities may also impact the salary range for this position.

UnitedHealth Group Incorporated is an American for-profit managed health care company based in Minnetonka, Minnesota. UnitedHealth Group, Inc. provides health care coverage, software and data consultancy services. It operates through the following segments: UnitedHealthcare, OptumHealth, OptumInsight, and OptumRx. The UnitedHealthcare segment utilizes Optum's capabilities to help coordinate patient care, improve affordability of medical care, analyze cost trends, manage pharmacy benefits, work with care providers more effectively, and create a simpler consumer experience.