Joel Sacks
Summary
Dynamic C.O.O. with a proven track record at Employee Security, Inc./Denta-Chek of MD, Inc., specializing in financial analysis and operations administration. Expert in developing software for medical/dental claims and ensuring regulatory compliance, demonstrating exceptional problem-solving abilities and adaptability. Achieved sustainable profit margins through meticulous financial forecasting and risk management.
Overview
44
44
years of professional experience
Work History
C.O.O.
Employee Security, Inc./Denta-Chek of MD, Inc.
06.1979 - 05.2023
- Managed budgets and financial forecasting to ensure fiscal responsibility and maintain profit margins.
- Developed all in-house software for company's third party administration of self-funded medical/dental/vision claims, section 125 administration, capitates and dental insurance.
- Produced and presented plan performance and renewal reports to clients. Worked with reinsurance companies to provide data and obtain stop-loss insurance quotes. Handled required electronic filings, e.g., CMS Medicare secondary payer reports.
- Produced reports and forms for required ACA filings, e.g. 1094/1095 forms.
- Handled communications with and monthly remittances with 3rd party vendors, e.g., NCAS, Multiplan/PHCS, Zelos, Hinds Associates, etc.
- Produced quarterly and annual statements for Denta-Chek of MD, which was a licensed non-profit health insurance company in Maryland. Filed electronic versions with the NAIC.
- Collaborated with legal, accounting and other professional teams to review and maintain compliance with regulations.
- Managed financial, operational and human resources to optimize business performance.
Education
Master of Arts - Music Composition
Johns Hopkins University
Baltimore, MD06-1979
Skills
- Production
- Technology
- Operations administration
- Risk Management
- Multitasking
- Adaptability
- Financial Analysis
- Problem-solving abilities
- General management and administration
Timeline
C.O.O.
Employee Security, Inc./Denta-Chek of MD, Inc.
06.1979 - 05.2023
Master of Arts - Music Composition
Johns Hopkins University
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