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
RESPONSIBILITIES
Collection background and understand the collection strategies, have prior
experience of talking to brokers, follow up for debt collection and have the
understanding of reading sign slips, endorsements. Experience in Lloyd's
Insurance Market will be an added advantage. Ensure adherence to Company
Policies and Procedures 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 Ensure the assigned task completion in accordance with the
SLA and company standards
QUALIFICATIONS
Commerce Graduate with at least 2+ 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 1 year of experience in Cash Application and Unallocated/Unapplied
payment handling
Positive communication & business writing skills. Ability to liaison with
multiple departments/stakeholders
Know
📌 Senior Executive Noida
🏢 EXL
📍 Noida