Credit Control Executive

دوام كامل في GIG Gulf في UAE
نُشرت يوم January 28, 2025

تفاصيل الوظيفة

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  • Managing a portfolio of clients both under Brokers and Direct for all Lines of Business.
  • Responsible for building, developing & maintaining close relationship with client / Brokers. Managing operational challenges and provide resolutions to meet internal and external partner's requirements.
  • Resolve service-related issues & to identify opportunities for improvement.
  • The scope of operations would involve visiting clients and brokers, allocation of premiums, unblocking of accounts for all regions, increasing credit limits, inbound /outbound calls, email, release of claims, and receipting of premium and reconciliation with end customers or Brokers.
  • Prepare monthly reports and circulate to key stakeholders with recommendations to improve debt situation and increase collection of overdue outstanding.
  • Able to handle complex situations, resolve recon issues and build strong relationship with Clients and brokers.
Key Responsibilities:
  • Handle Credit Control activities efficiently to ensure that target is achieved for the region.
  • Receipt of payments and sharing allocations in a timely manner.
  • Prepare Reports and circulate the same to key stakeholders with recommendations.
  • Liaise with legal team to initiate legal proceedings against defaulters.
  • Provide all relevant documents and correspondences to substantiate company's stand.
  • Manage Blocking Control and credit for all classes of business.
  • Manage all applications that are in use or adapted by the organization.
  • Periodically visit brokers and clients to ensure cordial relationship and to sort out various accounting and reconciliation issues.
  • Prepare RAG Reports and analyze bad debt proposals for write off with appropriate comments.
  • Escalate collection issues to Head of Intermediary and Direct-Corporate; if necessary, take immediate steps to block portals, e-partner and claims (except medical service providers), suspension of accounts post the desired follow up are completed.
  • Reconciliation of accounts with brokers and clients. Obtain balance confirmation from them on semi-annual basis as part of the external audit requirement.
  • Creation and resetting of broker/client credit facility in all applications relevant to Credit Control.
  • Validation of commission payable to brokers (as part of new IA regulation) and ensure that payments are released as per agreed SLAs.
  • Validation of claim files (non-medical & non-motor).
  • Periodic checking of statements and ageing reports and ensure they are in alignment.
  • Create a learning and development plan with the organization.
  • Actively participate in the organization's initiatives.
  • Always safeguard company's integrity.
  • Should be a team player.
Operational & Technical Requirements:
  • Experience in People & Client relationship Management.
  • Excellent verbal and written communication skills.
  • Good logical-analytical and problem-solving abilities.
  • Reporting Business Metrics.
  • Well versed with MS Excel.
  • Data Driven Business Analytics.
  • Automation & MIS.
  • Bachelor's degree in finance, Accounting or related fields.
  • Strong attention to detail and ability to work under pressure.
  • Excellent communication and interpersonal skills. Proficiency in MS Office and other relevant accounting software.
  • Ability to work in a team environment and collaborate with different stakeholders.
  • Should be able to meet deadlines and work under pressure.
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