Insurance Accounts Payable Specialist - Dubai

AlFuttaim; Dubai; On-site; AED 78,120 - 111,600; Full time

Job summary

AlFuttaim is looking for an Accounts Payable Executive in Dubai to manage insurance-related payments, ensuring accuracy and compliance with VAT regulations. This role involves processing claims, validating broker commissions, and supporting finance operations within a regulated environment.

The ideal candidate will have 2-5 years of experience in accounts payable, preferably in the insurance sector, and a strong background in handling high-volume transactions. Join us to enhance your career in Dubai’s thriving insurance market.

Qualifications

• 2-5 years of experience in accounts payable, preferably within insurance or financial services.
• Hands-on exposure to insurance-specific payables such as claims, reinsurance settlements, and premium refunds.
• Strong understanding of UAE VAT requirements and payment controls.

Responsibilities

• Process claims-related payments to garages, hospitals, policyholders, and approved service providers.
• Validate broker commission statements against agreements before payment processing.
• Manage reinsurance payables, including treaty and facultative settlements.

Skills

Accounts payable

Insurance accounting

Claims payments

Broker commissions

Reinsurance payables

VAT compliance

Microsoft Excel

Education

Bachelor's degree in Accounting or Finance

Tools

ERP systems

Accounting systems

Job description

AlFuttaim is looking for an Accounts Payable Executive in Dubai to manage insurance-related payments, ensuring accuracy and compliance with VAT regulations. This role involves processing claims, validating broker commissions, and supporting finance operations within a regulated environment.

The ideal candidate will have 2-5 years of experience in accounts payable, preferably in the insurance sector, and a strong background in handling high-volume transactions. Join us to enhance your career in Dubai’s thriving insurance market.