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Rashid Azhakankandathil, Approval processor/Claim processing excecutive

Rashid Azhakankandathil

Approval processor/Claim processing excecutive·Gulf Union Cooperative Insurance Company

India

Diploma, Pharmacy

Work experience

Total years of experience: 8 years, 5 months

Approval processor/Claim processing excecutive

November 2013 - September 2015

Gulf Union Cooperative Insurance Company

Dammam, Saudi Arabia

November 2013 - September 2015

 Preparing DBA (Direct Billing Advise) for the network providers as per the policy terms and conditions.
 Handling all Hospital Approval cases.
 Register the claims in system as master registration for month wise.
 Processing of submitted invoices as per the guidelines of medical claims.
 Maintaining updated list of network providers as per the CCHI notifications.
 Auditing all the reimbursement claims by policy-wise.
 Settlement of all classes of claims in accordance to the Policy's terms, conditions and Loss Adjusters' Final Reports.
 Monthly Portfolio analyzing reports each month.
 Ensuring that customer requirements are determined and fulfilled.
 Initiate customer feedback exercises and provide feedback to the management.
 MIS Reports to the management.
 Analyze claims to determine extent of company's liability, make approval or denial decisions and negotiate settlements with claimants in accordance with policy provisions.
 Collaborate with insurance agents and interview claimants to correct errors, rectify omissions and investigate questionable issues.

Company industry:
Insurance & TPA
Job role:
Medical, Healthcare, and Nursing

Reimbursement claims supervisor

January 2012 - August 2013

C.A.R.S

India

January 2012 - August 2013

Company industry:
Insurance & TPA
Job role:
Medical, Healthcare, and Nursing

Claim processing excecutive

April 2009 - December 2011

Gulf Electronic Management Systems W.L.L. (GEMS- In- House TPA for Gulf Union Insurance & Reinsuranc

Dammam, Saudi Arabia

April 2009 - December 2011

Claim processing excecutive

Company industry:
Insurance & TPA
Job role:
Medical, Healthcare, and Nursing

Pharmacists

January 2008 - January 2009

Kerala Medicals

India

January 2008 - January 2009

Company industry:
Other Healthcare Services
Job role:
Medical, Healthcare, and Nursing

Pharmacist

January 2007 - January 2008

Al-Shifa Hospital

India

January 2007 - January 2008

Efficiency In Functions Handled



•Ability to handle all types of claims including multinational cases.
•Customer care skills with a positive attitude.
•Supervising the subordinate staffs defining their duties and responsibilities.



KEY SKILLS

•Claims Handling and Investigations
•Evaluation of Liability in terms of user
•Preparation of Claims Reports and proper Documentation
•Policy Interpretation
•Confidential Records Management
•Validation of claims
Outcomes:
•Accompanied underwriters and insurance agents in the field to investigate claims and determine cause and extent of cases.
•Uncovered fraudulent claims scheme; provided evidence leading to the recovery in insurance overpayments.
•Developed a strong understanding of insurance policies and legal issues through completion of a series of INS classes coupled with in-depth, multi-week claims training

Company industry:
Other Healthcare Services
Job role:
Medical, Healthcare, and Nursing

Education

Farooquiya college of pharmacy -Mysore

September 2006

September 2006

Diploma, Pharmacy

India

GPA (percentage): 62%

GPA (percentage): 62%

Institute of Banking

August 2006

August 2006

Diploma, pharmacy

India

GPA (percentage): 62%

GPA (percentage): 62%

Skills

Pharmacist
Expert
Pharmacist
Expert
Data Entry
Expert
Data Entry
Expert
AUDITING
Expert
AUDITING
Expert
BILLING
Expert
BILLING
Expert
CUSTOMER SUPPORT
Intermediate
CUSTOMER SUPPORT
Intermediate
DOCUMENTATION
Intermediate
DOCUMENTATION
Intermediate
INSURANCE
Expert
INSURANCE
Expert
MIS
Expert
MIS
Expert
NETWORKING
Expert
NETWORKING
Expert
ORACLE DBA
Expert
ORACLE DBA
Expert
SETTLEMENTS
Expert
SETTLEMENTS
Expert
WISE
Expert
WISE
Expert
Pharmacist
Expert
Pharmacist
Expert
Data Entry
Expert
Data Entry
Expert

Languages

Arabic
Expert
English
Expert
Hindi
Expert

Hobbies

  • Browsing, reading.