Timothy King

Experience

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  Global Securities Services, Mellon Financial Corporation

  Jun 2004 - Apr 2005

  Trade Specialist

  Processed transactions related to buying and selling securities, trade settlement, pension benefit disbursements, and general servicing of a client’s portfolio. Accepted and disbursed cash amounts based on the gain or loss on security values.Trained and oriented new and temporary employees.

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  Stewart Title Guaranty Company

  Apr 2005 - Jun 2011

  Senior Auditor

  Audited escrow accounting procedures of independent and affiliated insurance agents for appropriate disbursement and reporting functions.Served on the committee to develop an internal audit program used by auditors nationwide.Reviewed insurance files for documentation, disbursement of funds, and State regulatory and industry compliance. Co-ordinate the remediation of audit findings amongst management as well as internal and external legal counsel.Supervised auditors to perform audits per State regulations tracking the results for compliance with State law.Reviewed insurance agent financial statements and operating accounts for irregularities.Analyzed insurance claims and used these to feed the risk model of the company for planning and prioritizing audits.Served as the lead auditor for audit engagements of insurance issuing companies working in multiple states and several different lines of business, supervising audit teams of up to four staff members.Trained auditors through seminars and audit engagements on auditing procedures.Uncovered and investigated fraud cases ranging from $30,000 to $2,500,000, working with law enforcement, external legal counsel, as well as testifying in a court of law.Conducted inventory audits of insurance agents, reporting discrepancies to management.Draft and release audit reports to the middle and high level management, including an executive summary, as well as the control deficiencies and risks for the insurance agent identified in the audit.Identify the risk exposure to the company during the declining years of the housing market. Show less

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  Education Management Company

  Jun 2011 - Aug 2013

  Supervisor of Internal Audit

  Conduct Sarbanes-Oxley testing and communicate results to internal management and external auditors.Plan and execute audits of major corporate divisions for policy and regulatory compliance, risk analysis and process effectiveness.Supervise audit teams, ensuring that objectives are completed according to strict deadlines.Interview and present findings to middle and high level management of a $3 billion publicly traded company.Conduct audits of institutions owned by EDMC, interview key personnel, and report findings to executive management.Review audit team results for accuracy and consistency for reporting to internal management and external auditors.Draft and release audit reports to the middle and high level management, including an executive summary, as well as the control deficiencies and risks identified in the audit.Perform process walkthroughs identifying key control points for both Sarbanes-Oxley testing as well as audit engagementsAnalyze the internal control environment within the company and recommend improvements in controls to minimize risk.Implement data analysis procedures into audit programs for maximum coverage.Conducted special investigations of fraud, waste, and abuse conducted by employees of the company.Trained auditors in the planning, auditing, and reporting standards of the department.Co-ordinated the remediation of audit findings amongst middle and senior level management across multiple divisions. Show less

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  Highmark Health

  Aug 2013 - Sept 2016

  Consultant Advisory Services

  Identified process enhancements and control points for processes affecting key Highmark systems including procurement, billing, pharmacy claims, and pharmacy rebates.Worked with business process owners to build efficient processes to remediate control gaps.Assigned to work with the Transformation Office on the streamline and simplify initiative, specifically assigned to work on process improvements within the procure to pay work stream.Conducted direct assist and MAR audit testing. Also planned and conducted testing for operational audits.Completed work assignments and stayed on task during changes in leadership within the department.Independently worked to orient new Advisory Services Consultants on department systems and documentation. Show less

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  Highmark Inc.

  Sept 2016 - Mar 2024

  Matrixed and managed small and medium sized projects within the organization specific to vendors services, benefits delivery, and clinical initiatives.Worked with leadership to implement processes for performance management including the monitoring of service level agreements, market conditions, and achieving targets identified in a business case (return on investment).Developed Business Cases based on delivery of services/benefits to Highmark members.Contributed to the implementation of projects to identify and control social determinants of health for Highmark members, including working with Clinicians and the Blue Cross Blue Shield Association.Strategically worked within a highly regulated environment to meet the needs of the business and to service members enrolled in Highmark Medicare Advantage products.Developed strategic planning and reporting, communicating results to senior leadership.Conducted presentations on vendor capabilities to Legal, Privacy, IT, and Government Compliance regarding the implementation of vendors and strategic initiatives. Continued collaboration with these groups and senior leadership to finalize contracting and implementation.Engaged in strategic contract negotiation with external vendors to develop service level agreements to ensure business needs and compliance requirements are met.Contributed to enterprise vendor management councils to streamline vendor management functions. Show less

  • Manager, Vendor Performance and Operations

    Jul 2022 - Mar 2024

  • Manager, Vendor Management - Federal Markets

    Sept 2020 - Jul 2022

  • Strategy Analyst

    Sept 2016 - Sept 2020
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  Highmark Health

  Mar 2024 - now

  Manager, Product Realization Office