Senior Executive

Job details

Job Description: Basic accounting knowledge and experience in insurance domain
Basic knowledge of end-to-end O2C Cycle
Basic knowledge of Cash Application and Unresolved Cash/Suspense Account handling
Understanding of Insurance Products and Insurance Finance
Provide support to team members in absence of primary resources

Responsibilities: The primary responsibilities of this role include –

Ensure adherence to Company Policies and Procedures
Manage Cash Application - Validations and execution of transactions with accuracy and timeliness
Analysis of Unapplied/Unallocated Cash – Research and Analysis of aged unmatched transactions and Suspense Account and Unapplied/Unallocated Cash
Analyze and research on open queries assigned as per designated portfolio
Research and Analyze Insurance documents for query management
Provide excellent customer service to all stakeholders [External and Internal]
Provide the relevant accounts receivable reports on a daily/ weekly/ monthly basis
Ensure the assigned task completion in accordance with the SLA and company standards
Knowledge and expertise in the insurance finance [London Market experience preferred
Provide support to team members in absence of primary resources

Qualifications: Commerce Graduate with at least 2-3 years of experience [Insurance Domain + OTC]
Sound understanding of end-to-end OTC cycle and Accounts Receivable
Comprehension skills – should be able to read, interpret business documents
Minimum 2 years of experience in Cash Application and Unallocated/Unapplied payment handling
Good communication & business writing skills. Ability to liaison with multiple departments/stakeholders
Knowledge of Daily, Weekly & Monthly reporting is preferred