Accounts Receivable Carrier Claim Collection Coordinator

LG Electronics USA
United States, New Jersey, Englewood Cliffs
111 Sylvan Avenue (Show on map)
Dec 11, 2024
Step into the innovative world of LG Electronics. As a global leader in technology, LG Electronics is dedicated to creating innovative solutions for a better life. Our brand promise, 'Life's Good', embodies our commitment to ensuring a happier life for all. We have a rich history spanning over six decades and a global presence in over 290 locations. Our diverse portfolio includes Home Appliance & Air Solution, Home Entertainment, Vehicle Components Solutions, and Business Solutions. Our management philosophy, "Jeong-do Management," embodies our commitment to high ethical standards and transparent operations. Grounded in the principles of 'Customer-Value Creation' and 'People-Oriented Management', these values shape our corporate culture, fostering creativity, diversity, and integrity. At LG, we believe in the power of collective wisdom through an inclusive work environment. Join us and become a part of a company that is shaping the future of technology. At LG, we strive to make Life Good for Everyone. Responsibilities Carrier Claim Payment Collection Daily review of new claim invoice and submit claim to carrier for payment collection Review result of submitted claim status from each carrier and dispute as needed Provide payment detail to cash application team by reviewing remittance detail provided by each carrier for their claim invoice payment Communicate among related parties(internal/external) to obtain additional paperwork as needed Submit carrier claim reversal request with supporting documents where it is appropriate Process Cargo Insurance claim according to cargo insurance policy when applicable Record and update collection status in system and maintain accurate status of each claim Perform daily matching offset and analyze discrepancy for resolution Monitoring Reversal Status Review carrier claim reason code weekly and identify/resolve un-billed carrier claim invoice Monitor reversal credit creation for claim reversal & Insurance Claim Analyze, Compile & report the issues with carrier denied claims for payment to direct supervisor Share/Maintain Information Responsible of producing collection result report Provide accurate data for daily, weekly, monthly report Assist and support any additional task or project assigned to team as needed base Qualifications Bachelors degree in Accounting, Business, or related field 2~3 years of related work experience Intermediate knowledge on Microsoft Office Privacy Notice to California Applicants At LG, we aspire to empower people and celebrate differences because we believe diversity will create the unexpected. We provide equal employment opportunity to all individuals regardless of their race, color, creed, religion, gender, age, sexual orientation, national origin, disability, veteran status, or any other characteristic protected by state, federal, or local law. Consistent with our commitment to providing equal opportunity and embracing diversity, LG has implemented affirmative action to ensure applicants are employed and employees are treated without regard to these characteristics. In addition to the above, LG believes that pay transparency is a key part of diversity, equity, and inclusion. Our salary ranges take into account many factors in making compensation decisions including but not limited to skillset, experience, licensure, certifications, internal equity, and other business needs. While we consider geographic pay differentials in final offers, because we operate in many geographies where applicable, the salary range listed may not reflect all geographic differentials applied.