Job Description
Duties & Responsibilities:
Fraud, Waste, and Abuse (FWA) Prevention & Detection
- Identify fraudulent claims, wasteful billing practices, and abusive patterns using analytics and audits.
- Develop and implement anti-fraud policies, workflows, and compliance measures.
- Collaborate with legal teams, and compliance officers.
- Conduct provider and claims audits to validate services and detect irregularities.
Reconciliation & Recovery Management
- Review claims data to reconcile payments and provider contracts.
- Investigate discrepancies between billed, paid, and contracted rates.
Network Oversight & Compliance
- Monitor provider compliance with contractual agreements.
- Work with regulators to ensure legal compliance.
- Develop training programs for providers to reduce FWA risks.
Data Analytics & Reporting
- Use analytics tools (Power BI) to detect fraud trends.
- Generate FWA reports and provide actionable insights for executive leadership.
- Maintain dashboards tracking provider behavior, suspicious claims, and recovery metrics.
Stakeholder Collaboration
- Work with internal teams (claims, legal, provider relations, finance) to mitigate fraud risks.
- Partner with external entities (regulators, third-party auditors) to address fraud cases.
- Negotiate settlements & corrective action plans with providers involved in FWA.
Internal KPIs:
These measure the company’s internal performance and effectiveness in detecting, managing, and preventing FWA, as well as ensuring the reconciliation process runs smoothly.
- Fraud Detection Rate:
- Percentage of fraud cases detected vs. total fraud cases identified in the system.
- Investigations Completed on Time:
- Percentage of fraud investigations that meet the predefined time frame for completion.
- Case Resolution Time:
- Average time it takes to resolve FWA cases (from detection to resolution).
- Recouped Amount:
- Total monetary value recovered from fraud, waste, or abuse incidents.
- Employee Compliance:
- Percentage of employees adhering to internal fraud prevention and detection protocols.
- Audit Effectiveness:
- Percentage of claims audited that result in identified issues (fraudulent, wasteful, or abusive practices).
- Training Completion Rate:
- Percentage of relevant staff completing FWA prevention and detection training programs.
- Reconciliation Accuracy:
- The percentage of claims and payments reconciled without discrepancies.
- Rework Rate:
- Percentage of claims that require rework due to discrepancies in data or processes.
- False Positive Rate:
- Percentage of flagged cases that are ultimately found to be non-fraudulent.
External KPIs:
These focus on how the company performs in relation to external stakeholders, such as regulatory bodies, providers, and members.
- Regulatory Compliance:
- The company’s adherence to legal and regulatory requirements for fraud detection and reconciliation processes.
- Provider Compliance:
- Percentage of providers adhering to fraud prevention measures and ethical billing practices.
- Member Satisfaction:
- Customer satisfaction scores related to claim disputes, fraud-related issues, and the claims reconciliation process.
- Third-Party Audits:
- Results from audits conducted by external parties, including compliance checks and assessments of FWA detection systems.
- Claim Denial Rate (due to FWA):
- Percentage of claims denied due to fraud, waste, or abuse detection.
- Legal Actions/Settlements:
- Number of legal actions or settlements related to FWA, including lawsuits or settlements with external parties.
- Reimbursement Recovery:
- Total amount recovered from external parties such as providers or members due to fraudulent claims.
- External Stakeholder Feedback:
- Feedback from insurance agents, healthcare providers, or regulatory bodies about the effectiveness of the FWA prevention program.
Education:
Bachelor’s degree in finance or accounting, Healthcare Administration, Business Administration or Health Informatics
Experience:
- Hands-on experience in Fraud, Waste, and Abuse (3–5 years minimum)
- Reconciliation and Financial Oversight (3–5 years minimum)
- Healthcare Insurance & Regulatory Compliance (5+ years preferred)
- Understanding of regulatory and accreditation requirements related to provider networks.
Personal Attributes / Skills:
- Integrity & Ethical Mindset – Strong moral principles to handle sensitive financial and healthcare data responsibly.
- Attention to Detail – Ability to spot anomalies, inconsistencies, and patterns in data.
- Analytical Thinking – Logical approach to problem-solving and decision-making.
- Critical Thinking – Evaluating evidence to determine fraud risks and compliance gaps.
- Persistence & Patience – Fraud investigations and reconciliations can be complex and time-consuming.
- Communication Skills – Clear reporting of findings to internal teams, auditors, and regulators.
- Confidentiality & Discretion – Handling sensitive patient and financial information with care.
- Adaptability – Keeping up with evolving fraud schemes and regulatory changes.
Others:
- Fluency in Arabic language, working knowledge of the English language is an advantage.
- Proficiency in using Microsoft Office applications and database management.
- Ability to work independently and as part of a team to achieve network management goals.
Requirements added by the job poster
• No need for visa sponsorship
• 3+ years of experience in Health Care Provider