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    Account Receivable Executive - Singapur, Singapore - CHUBB

    CHUBB
    CHUBB Singapur, Singapore

    3 days ago

    Default job background
    Regular - Full time
    Description

    The position is responsible for assisting the Credit Control Manager in managing the country's receivables to ensure that all receivable benchmarks and KPI's are achieved and improved. This role will also be responsible for the collection, credit control, reconciliation of statement of accounts, and analysis of the receivables in accordance with the Company Policy and to ensure the work is completed in a timely manner.

    Responsibilities:

  • To ensure outstanding collectible premiums are timely and appropriately followed up and collected.
  • To ensure cash and receipts for these outstanding premiums are timely and accurately allocated
  • To ensure technical payments are timely and accurately initiated
  • To ensure premium receivables ledgers are up to date
  • To ensure any policy lifecycle issues can be identified and appropriately escalated for resolution with the relevant stakeholders.
  • Timely identification of receipts and allocation of cash as per the company policy and procedures.
  • Accurately allocate cash to relevant policies
  • Ensure there is no unallocated cash for any premiums outstanding
  • Ensure the portfolio is up to date with the correct and latest outstanding premium position.
  • Regularly review the ledger to clean up the portfolio. This is allow for a neat Statement of account to be sent to the external parties.
  • Have strong analytical abilities to monitor and judge the portfolio position in order to perform necessary actions needed
  • Regularly liaise with internal and external stakeholders to ensure any upstream booking or collection issues are timely resolved.
  • Regularly coordinate and conduct meetings to stay up to date the progress on resolution of any issues
  • Ensure any premium receivables related/technical payments like commissions, or premium refunds are timely initiated to ensure the external parties receive their funds in a timely fashion
  • Perform any basic reporting duties as and when needed by the manager.
  • Ability to prepare any presentations as and when needed by the manager"
  • Requirements:

  • Education: Min Dip in Accountancy or Business or currently pursuing ACCA or any Finance related education
  • Years of experience: Experience in insurance industry or at least 2 years experience in credit control, preferably in the Insurance Industry
  • Knowledge, skills and abilities: Confident with double entries, meticulous, proficient in Microsoft Excel (pivot table and vlookup) and Word, proficient in spoken and written English and strong interpersonal skill.


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