Cotiviti Payment Accuracy Specialist Interview Questions and Answers

Q1. Tell me about your self
Ans. 
I am a detail-oriented professional with a background in payment accuracy and a strong focus on ensuring financial integrity.
• Experienced in conducting audits to identify payment discrepancies

• Skilled in analyzing data and identifying trends to improve accuracy

• Strong attention to detail and ability to communicate findings effectively
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Q2. Explain about GAP
Ans. 
GAP stands for Guaranteed Asset Protection, a type of insurance that covers the difference between the actual cash value of a vehicle and the balance still owed on the loan.
• GAP insurance is typically purchased for new vehicles to protect against depreciation.

• It is often offered by lenders or dealerships as an add-on to auto insurance policies.

• In the event of a total loss or theft of the vehicle, GAP insurance covers th...read more
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Q1. WHAT IS PAYMENT ACCURACY?
Ans. 
Payment accuracy refers to the process of ensuring that payments made by an organization are correct and accurate.
• Payment accuracy involves verifying that the amount paid matches the agreed upon terms and conditions.

• It also includes identifying and rectifying any errors or discrepancies in payments.

• Payment accuracy specialists use data analysis and auditing techniques to ensure accuracy.

• Examples include reviewing invoi...read more
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They give topic to discuses on use of social media durig lockdown

Q1. Share details of your previous job.
Ans. 
In my previous role, I ensured payment accuracy by auditing claims and implementing process improvements for efficiency.
• Conducted regular audits of payment claims to identify discrepancies and ensure compliance with regulations.

• Collaborated with cross-functional teams to streamline payment processes, reducing errors by 15%.

• Trained new staff on payment accuracy protocols, enhancing team performance and knowledge retenti...read more
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Q2. Why should we hire you?
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Q3. Why are you looking for a change?
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Q4. Tell me about yourself.
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They conduct aptitude test. They ask simple Math questions.

Q1. Asked me about my self,work experience. Asked me US healthcare questions. They asked me to solve US healthcare problem
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Q1. Final round was AVP round. He asked me about myself. Why do you want to join Cotiviti. Why I am leaving present organization.
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