Senior Executive
5 days ago
Noida, Uttar Pradesh, India
EXL
Full-time
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Responsible for accurately applying customer payments, reconciling cash receipts, resolving payment discrepancies, managing unapplied cash, and ensuring timely account reconciliation. Additionally, responsible for Collections activities, including following up on outstanding premiums and invoices, reducing aged debt, resolving billing queries, maintaining strong broker/client relationships, and driving timely cash recovery. Works closely with customers, brokers, underwriters, and internal teams to ensure accurate cash allocation, prompt resolution of issues, and effective management of accounts receivable within the insurance process.
Responsibilities
Responsible for accurately applying customer payments, reconciling cash receipts, resolving payment discrepancies, managing unapplied cash, and ensuring timely account reconciliation. Additionally, responsible for Collections activities, including following up on outstanding premiums and invoices, reducing aged debt, resolving billing queries, maintaining strong broker/client relationships, and driving timely cash recovery. Works closely with customers, brokers, underwriters, and internal teams to ensure accurate cash allocation, prompt resolution of issues, and effective management of accounts receivable within the insurance process.
Qualifications
• Graduate in Commerce, Finance, Accounting, or a related field.
• 1-3 years of experience in Collections, Cash Application, Accounts Receivable, or O2C processes in Insurance Process.
• Good understanding of payment posting, cash reconciliation, and unapplied cash management.
• Proficiency in MS Excel and ERP systems
• Strong analytical, communication, and problem-solving skills.
• Graduate in Commerce, Finance, Accounting, or a related field.
• 1-3 years of experience in Collections, Cash Application, Accounts Receivable, or O2C processes in Insurance Process.
• Good understanding of payment posting, cash reconciliation, and unapplied cash management.
• Proficiency in MS Excel and ERP systems
• Strong analytical, communication, and problem-solving skills.