Insurance AR Specialist | Claims Deductible Recovery

LE003 Coaction Specialty Management Company, Inc.; Morristown (NJ); Hybrid; USD 55,000 - 70,000; Full time

Job summary

Coaction Specialty Insurance Group in Morristown, NJ is seeking a highly motivated AR Specialist to join the fast-paced Accounts Receivable team. You will investigate, evaluate, and recover deductibles, while adapting to varied coverage lines and supporting the organization's deductible recovery goals.

The ideal candidate holds a Bachelor's in accounting or finance, 3–5 years in general accounting with AR experience, strong Excel skills, and a willingness to work hybrid from our Morristown

Qualifications

• Bachelor’s Degree in accounting or finance; demonstrated understanding of accrual- based accounting requirements.
• 3-5 years of related experience in a general accounting role; prior accounts receivable experience a must.
• Demonstrated proficiency in Microsoft Office; Excel proficiency required.
• Experience with subrogation is preferred.

Responsibilities

• Ability to interpret and apply customized insurance policies to real life examples
• Conduct thorough, high quality investigations and utilize outside resources as necessary
• Completes a referral on each claim in a timely manner and fully documents the claim file with deductible details
• Handles assigned claims following company guidelines and industry best practices
• Oversight responsibilities for a TPA to add value and deductible expertise
• Maintains a diary system that assures each assigned deductible recoverable that assures each will get the ongoing attention needed
• Uses the claims system to accurately document recovery process and post recoveries
• Closely manages referrals sent to collection agency to ensure recovery expectations are met
• Meet with other departments to discuss deductible details and general recovery issues

Skills

Accounts receivable

Excel proficiency

Attention to detail

Analytical thinking

Education

Bachelor's degree in accounting or finance

Tools

Excel

Job description

Coaction Specialty Insurance Group in Morristown, NJ is seeking a highly motivated AR Specialist to join the fast-paced Accounts Receivable team. You will investigate, evaluate, and recover deductibles, while adapting to varied coverage lines and supporting the organization's deductible recovery goals.

The ideal candidate holds a Bachelor's in accounting or finance, 3–5 years in general accounting with AR experience, strong Excel skills, and a willingness to work hybrid from our Morristown