Peenya Bengaluru Karnataka Insurance claims Jobs – 133 Open Jobs Today

Commercial Finance Specialist
Philips —Bengaluru, Karnataka
- Full-time
- Finance
- Master's degree
- Bachelor's degree
Healthcare Job: Patient Care Associate (On-Site BPO)
Krijo Consultancy Services —Bengaluru, Karnataka
- ₹25,000 - ₹45,000 a month
- Full-time
- Nursing
- Medicine
- B.Sc
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Senior AR Caller / US Healthcare / Physician Billing
GetixHealth India —Bengaluru, Karnataka
- Epic
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Auto Adjuster Tec Analyst II -
Allstate —Bengaluru, Karnataka
- Supervising experience
- Bachelor's degree
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AR Caller
xponentiate —Bengaluru, Karnataka
- Full-time
- Hybrid work
- Microsoft Office
- Bachelor's degree
- Communication skills
Quick apply
Underwriting Senior Analyst
Accenture —Bengaluru, Karnataka
- Full-time
Hospital Billing / AR Caller / Denial Management
GetixHealth India —Bengaluru, Karnataka
- Communication skills
- Health insurance
- Food provided
Quick apply
Subject Matter Expert -Medical coding -EM Coding
Rapid Claims —Bangalore City, Bengaluru, Karnataka
- Full-time
- Hybrid work
- Analysis skills
- Quality control
- In-person
- Commuter assistance
- Health insurance
Quick apply
AR Caller / Senior AR Caller
Calpion —Bengaluru, Karnataka
- Email
- AutoCAD
- Salesforce
- 12th Pass
2d
Sr. Relationship Manager
PinnacleU —Bengaluru, Karnataka
- ₹15,00,000 - ₹17,00,000 a year
- Full-time
- Microsoft Word
- Microsoft Excel
- Microsoft Outlook
- Health insurance
Quick apply
Customer Service Representative
GetixHealth India —Bengaluru, Karnataka
- Night shift
- Customer service
- Bachelor's degree
- Computer skills
Quick apply
Enterprise Risk Manager – ORM 1
RSM —Bengaluru, Karnataka
- Full-time
- Finance
- Project management
- Presentation skills
FX Confirmations & Settlements - Assistance Vice President
State Street —Bengaluru, Karnataka
- Full-time
- Microsoft Access
- Finance
- Master's degree
- Health insurance
Claims - Intern
Nova Benefits —Bengaluru, Karnataka
- ₹10,000 - ₹15,000 a month
- Full-time
- Microsoft Excel
- Internship
- Communication skills
- Health insurance
Risk Engineering Specialist
Accenture —Bengaluru, Karnataka
- Full-time
- Bachelor's degree
- Communication skills
AR - Denial Management | Physician Billing
GetixHealth India —Bengaluru, Karnataka
- Communication skills
Quick apply
Relationship Manager
Loop —Bengaluru, Karnataka
- Google Suite
- Microsoft Excel
- English
Quick apply
Senior Domain Lead
Infosys BPM Limited —Bengaluru, Karnataka
- Bachelor's degree
- Business Administration
- Diploma
Assistant Manager
Sapiens —Bengaluru, Karnataka
- Email
- Accounting
- Agile
- Communication skills
2d
Subject Matter Expert – Medical Coding-EM Coding
Rapid Claims —Bangalore City, Bengaluru, Karnataka
- Full-time
- Hybrid work
- Analysis skills
- Quality control
- In-person
- Commuter assistance
- Health insurance
Quick apply

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Commercial Finance Specialist

Philips -
Bengaluru, Karnataka

Apply Now

Job details

Full-time

Qualifications

Lean
SOX
Finance
Master's degree
Bachelor's degree
Business Administration
Chartered Accountant
MBA
Accounting

Full job description

Job Title

Commercial Finance Specialist

Job Description

Job title: Commercial Finance Specialist

Job Description Summary

The Credit and Collections Specialist is responsible for evaluating moderately complex credit and collections applications, guiding subordinates, managing a complex account portfolio, implementing process improvements, securing credit decisions, releasing blocked sales orders, coordinating with businesses on credit risk, and reporting disputed invoices to ensure effective credit management. The role manages a large portfolio, focusing on tailored solutions, effective client relationships, and high service levels. The role oversees accounts receivable lean process improvements, enhancing operational efficiency and data quality. The role supports optimization of the collection strategy and the process of disputes registration and cash application The role ensures timely release of blocked sales orders, reviews credit reports, and presents in risk committee meetings.

Your role: Job Responsibilities:

Evaluates moderately-complexity credit and collections applications by gathering and analyzing financial information and supporting the decision-making process with accurate data and recommendations.
Provides guidance to subordinates to complete assignments by adhering to established guidelines, procedures, and policies, ensuring that tasks are performed accurately and efficiently while maintaining compliance with organizational standards.
Manages a large portfolio with a moderately complex account base, focusing on delivering tailored solutions, maintaining effective client relationships, and ensuring high levels of service and satisfaction.
Ensures clients with past due balances are contacted to secure payment or payment commitments, follow up on promises, and, when applicable, claim payments from intermediaries or third-party collectors involved in the collections process.
Manages the Unapplied Cash and work with Collections to identify solutions to unreconciled cash items
Oversees the implementation of accounts receivable lean process improvements, ensuring high master data quality to enhance operational efficiency, reduce waste, and maintain reliable data for effective financial management and reporting.
Analyzes account receivables for proper valuation (value adjustment to trade account receivables and doubtful receivables)
Validates customers' creditworthiness and set credit policy decisions by utilizing credit check systems, reviewing contracts, and performing timely financial analyses of new and existing customers, to interpret credit risk and credit limits using Philips scoring methodology and credit policies.
Secures credit decisions, including credit insurance, letters of credit, managing local relationships, maximizing limit coverage, handling claims, and maintaining guarantees to mitigate credit risk and support sales activities.

Driving Scheme management and partner with sales and marketing teams to evaluate pricing strategies, promotion and customer profitability.

Ensures timely release of blocked sales orders per the approval matrix, reviews credit reports, leverages credit risk mitigation tools, and presents in credit risk committee meetings to ensure effective credit management and risk assessment.

Responsible for SOX and ICS in Commercial Area

Ensures smooth communication and coordination with businesses on sales orders, validates and reviews credit risk-related documentation and tools to ensure accurate processing and effective risk mitigation.
Reports disputed or short-paid invoices with detailed reasons for the disputes and collaborates with internal departments to expedite resolution and ensure timely payment.

Minimum required Education:

Bachelor's Degree/ Vocational Education in Finance, Accounting, Business Administration, or equivalent. (CA/CMA/MBA mandatory)

Minimum required Experience:

At least 5 years of progressive work post qualification experience with at least 3 years in commercial finance
Qualified Chartered Accountant (CA)

How we work together
We believe that we are better together than apart. For our office-based teams, this means working in-person at least 3 days per week.
Onsite roles require full-time presence in the company’s facilities.
Field roles are most effectively done outside of the company’s main facilities, generally at the customers’ or suppliers’ locations.
Indicate if this role is an office/field/onsite role.
About Philips
We are a health technology company. We built our entire company around the belief that every human matters, and we won't stop until everybody everywhere has access to the quality healthcare that we all deserve. Do the work of your life to help the lives of others.

Learn more about our business .
Discover our rich and exciting history .
Learn more about our purpose .

If you’re interested in this role and have many, but not all, of the experiences needed, we encourage you to apply. You may still be the right candidate for this or other opportunities at Philips. Learn more about our culture of impact with care here .

Apply Now

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insurance claims jobs in peenya bengaluru karnataka

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