Senior Executive

  • 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

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
  • 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

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