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Remote Recovery Audit Contractor Jobs in Chicago, IL

Sr Financial Recovery Rep (SBA)

Chicago, IL · On-site +1

$70K - $140K/yr

Accountable for risk management, compliance, and audit performance for area(s) of responsibility ... Remote roles will also have the opportunity to come together in our offices for moments that matter.

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Remote Recovery Audit Contractor information

See Chicago, IL salary details

$31.4K

$74.8K

$121K

How much do remote recovery audit contractor jobs pay per year?

As of Aug 11, 2026, the average yearly pay for remote recovery audit contractor in Chicago, IL is $74,823.00, according to ZipRecruiter salary data. Most workers in this role earn between $48,400.00 and $101,500.00 per year, depending on experience, location, and employer.

What are the main challenges faced by a remote recovery audit contractor and how can they be overcome?

Remote Recovery Audit Contractors often face challenges such as accessing and analyzing large volumes of healthcare or financial data from diverse sources, ensuring compliance with privacy regulations, and maintaining clear communication with clients and team members. To overcome these, it's important to develop strong organizational and analytical skills, stay updated on industry regulations, and leverage secure collaboration tools. Regular virtual meetings and proactive communication also help in aligning with stakeholders and resolving discrepancies efficiently.

What is the difference between Remote Recovery Audit Contractor vs Remote Healthcare Auditor?

AspectRemote Recovery Audit ContractorRemote Healthcare Auditor
CredentialsCPAR certification often preferredCPAR, CHAP, or similar healthcare-specific certifications
Work EnvironmentRemote, contract-based, healthcare industryRemote, healthcare industry focus
Employer & Industry UsageHealthcare payers, government agencies, insurance companiesHospitals, healthcare providers, insurance companies
Primary FocusIdentifying and recovering overpaid healthcare claimsAuditing healthcare records and billing for compliance

The main difference is that a Remote Recovery Audit Contractor primarily focuses on recovering overpaid healthcare claims through audits, while a Remote Healthcare Auditor reviews healthcare records and billing for compliance and accuracy. Both roles require healthcare industry knowledge and certifications but serve different functions within healthcare finance and compliance.

What is a remote recovery audit contractor?

Remote Recovery Audit Contractors are professionals or firms hired to review financial transactions, such as medical claims or vendor payments, to identify and recover overpayments or incorrect payments. They work remotely, using specialized software and data analysis techniques to audit large volumes of records for potential errors or discrepancies. These contractors are commonly used by healthcare organizations, insurance companies, and government agencies to ensure compliance and recover lost funds. Their findings can help organizations improve their payment processes and prevent future mistakes.

What skills and qualifications are needed to thrive as a remote recovery audit contractor?

To thrive as a Remote Recovery Audit Contractor, you need expertise in healthcare claims auditing, knowledge of Medicare/Medicaid regulations, and a relevant degree such as in health information management or accounting. Familiarity with audit software, medical coding systems (like ICD-10 and CPT), and data analysis tools is typically required. Strong analytical thinking, attention to detail, and effective written communication are essential soft skills for identifying discrepancies and reporting findings. These skills are crucial for ensuring accuracy in claim reviews, detecting improper payments, and supporting compliance in remote healthcare environments.
What are the most commonly searched types of Recovery Audit Contractor jobs in Chicago, IL? The most popular types of Recovery Audit Contractor jobs in Chicago, IL are:
What job categories do people searching Remote Recovery Audit Contractor jobs in Chicago, IL look for? The top searched job categories for Remote Recovery Audit Contractor jobs in Chicago, IL are:
Infographic showing various Remote Recovery Audit Contractor job openings in Chicago, IL as of August 2026, with employment types broken down into 3% As Needed, 66% Full Time, 27% Part Time, and 4% Contract. Highlights an 96% Physical, 1% Hybrid, and 3% Remote job distribution, with an average salary of $74,823 per year, or $36 per hour.

Reconciliation Specialist (Health & Benefits), Remote

Inspira Financial

Oak Brook, IL • On-site, Remote

Full-time

Posted 5 days ago


Inspira Financial rating

7.6

Company rating: 7.6 out of 10

Based on 21 frontline employees who took The Breakroom Quiz


Job description

Position Summary:
The Audit Specialist of Funding and Audits will report to the Manager of Funding and Audits in the H&B Operations Department. This role is responsible for performing plan funding audits across pre-tax benefit platforms to ensure accuracy, compliance, and timely resolution of funding discrepancies. The Audit Specialist reviews employer account activity, identifies funding gaps, documents audit findings, and collaborates with the Collections Specialists and Manager to support recovery efforts. The ideal candidate will have a compliance and financial controls mindset, strong attention to detail, critical thinking and decision-making skills, and the ability to work across multiple platforms and product types.
  • Perform plan funding audits across pre-tax benefit platforms including CBAS, Panda, and First Dollar to identify discrepancies, missing funding, and outstanding balances
  • Review and update audit records ensuring all entries, amounts, and documentation are accurate and complete
  • Identify and escalate funding gaps, system discrepancies, and compliance concerns to the Manager or Team Lead
  • Collaborate with Collections Specialists to provide audit findings that support funding collections outreach
  • Maintain multiple trackers and document audit activity in business operations platforms with weekly reporting to the Manager
  • Collaborate with the Manager, Team Lead, account managers, and platform partners to resolve compliance or financial controls issues
  • Create and maintain written operating procedures related to assigned audit functions
  • Communicate and utilize sound judgment to escalate issues that may require intervention of the Manager or Team Lead
  • Assist with internal and external audit requests
  • Perform other duties as assigned

Education and Experience:
  • 2+ years of banking, compliance, or financial controls experience
  • Bachelor's degree or equivalent experience

Skills and Abilities:
  • Knowledge of HSA, FSA, HRA, Commuter, and other Inspira H&B products
  • Strong customer service skills - verbal and active listening
  • A high level of attention to detail and excellent record keeping
  • Moderate to advanced Microsoft Excel skills including the ability to manage and analyze large data sets
  • Must have a proven track record of success producing results and exhibit positive and collaborative behaviors
  • Detail-oriented with the ability to multi-task in a fast-paced environment
  • Demonstrates critical thinking and decision-making skills
  • Ability to pick up new things quickly, able to manage time wisely, be flexible and work well within a team environment

Other Requirements:
  • Ability to work overtime
  • Prolonged periods of sitting at a desk and working on a computer

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