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- Request statements of accounts to proceed with reconciliation and decide on settlement/collection.
- Conduct proper reconciliation of accounts receivables & payables and resolve discrepancies.
- Attend to queries received from clients and insurance companies promptly without delay.
- Send statement of Accounts to clients and follow up with clients for collections based on the target set.
- Receive reconciled balance from Clients / insured and allocate accounts on the system to open disbursable balance to Insurers for payment purposes.
- Coordinate with insured/insurers to provide missing documents and closings.
- Prepare reports (e.g. Collection, Aging, Allocation, PW, Collection to Production, etc.)
- Follow up and collect premiums from clients through phone, emails, etc.
- Assist in preparing settlements, ensuring accuracy, and notifying clients.
- Coordinate with other internal departments (e.g., BD, Production, QC, Claims, etc.) and technical departments of clients to resolve queries or basic pending issues/ discrepancies.
- Arrange statement of remittance under close supervision and send it to insurers for confirmation prior to settlement.
- Assist in preparing payment and receipt vouchers in order allocate the collected or paid funds.
- Follow-up with Insured/Insurers for direct payments breakdown.
- Bachelor's degree in accounting or business administration
- 1 - 2 years of experience preferably in the Insurance industry
- English is a must.
Junior Accountant - Sharjah, United Arab Emirates - Al Manarah Insurance Services
Description
Al Manarah Insurance Services, Sharjah Branch, is looking for a Junior Accountant. The role focuses on various accounting activities in accordance with the applied policies and procedures.
You will join an agile, dynamic, highly rewarding organization, and a fast-paced environment.
Responsibilities
Requirements