Insurance Collections SME

USA-MiniMed Distribution Corp. 1018; Pune District; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

MiniMed's Global Diabetes Capability Center in Pune is seeking a seasoned professional to join our office support career stream. You will analyze credit information to establish customers' credit limits and counsel on payment terms, helping maximize profitable sales while minimizing losses.

This role requires at least 6 years of relevant experience, autonomy, and the ability to work under limited supervision in a fast-moving environment.

Qualifications

• Requires minimum of 6 years of relevant experience.

Responsibilities

• Analyzes credit information to establish customers' credit limits permitting highest profitable sales consistent with reasonably minimum losses.
• Counsels and negotiates with customers to improve financial controls, suggests sources of working capital, and sets up special credit arrangements and payment schedules.
• Plans credit restriction and collection tactics for risky, slow pay, and sensitive accounts.
• May collect outstanding receivables in accordance with terms and conditions of sale.

Job description

At MiniMed, you can begin a lifelong career of exploration and innovation, while helping make a difference in the lives of people living with diabetes around the globe. You'll lead with purpose, breaking down barriers to innovation for a more connected, compassionate world.

About the Role

A Day in the Life

Our Global Diabetes Capability Center in Pune is expanding to serve more people living with diabetes globally. Our state-of-the-art facility is dedicated to transforming diabetes management through innovative solutions and Technologies that reduce the burden of living with diabetes.

This position is an exciting opportunity to work with Minimed's Diabetes business. Medtronic has announced its intention to separate the Diabetes division to promote future growth and innovation within the business and reallocate investments and resources across Medtronic, subject to applicable information and consultation requirements. This separation provides our team with a bold opportunity to unleash our potential, enabling us to operate with greater speed and agility. As a separate entity, we anticipate leveraging increased investments to drive meaningful innovation and enhance our impact on patient care.

Responsibilities

• Analyzes credit information to establish customers' credit limits permitting highest profitable sales consistent with reasonably minimum losses.
• Counsels and negotiates with customers to improve financial controls, suggests sources of working capital, and sets up special credit arrangements and payment schedules.
• Plans credit restriction and collection tactics for risky, slow pay, and sensitive accounts.
• May collect outstanding receivables in accordance with terms and conditions of sale.

OFFICE SUPPORT CAREER STREAM: Individual contributors who provide organizational related support or service (administrative or clerical) for other members within the organization. The majority of time is spent in the delivery of support services or activities, typically under supervision.

DIFFERENTIATING FACTORS

• Autonomy: Seasoned individual contributor who provides assistance and training to lower level employees. Performs a wide variety of non-routine clerical and administrative tasks and may support special projects or assignments. Works under limited supervision.
• Organizational Impact: Works to deliver day-to-day objectives with significant impact on achievement of results for the job area Work involves obtaining or providing information or data requiring some explanation or interpretation. Work consists of tasks that are typically not routine.
• Innovation and Complexity: Makes minor changes in systems and processes to solve problems or improve effectiveness of job area . Expected to independently propose solutions to problems for manager review.
• Communication and Influence: Communicates typically with internal and external contacts . Obtains and provides information on matters of moderate importance to the job area.
• Leadership and Talent Management: Responsible for providing guidance, coaching and training to other employees within job area.

Required Knowledge and Experience

Requires broad practical knowledge of operational systems and practices typically gained through extensive experience and/or education. Requires minimum of 6 years of relevant experience.

Physical Job Requirements

The above statements are intended to describe the general nature and level of work being performed by employees assigned to this position, but they are not an exhaustive list of all the required responsibilities and skills of this position.

Benefits & Compensation

MiniMed offers a competitive salary and flexible benefits package

At MiniMed, we put people first. A commitment to our employees lives at the core of our values: We recognize their contributions. They share in the success they help create. We offer a wide range of benefits, resources, and competitive compensation plans designed to support you at every stage of your career and life.

About MiniMed

We want to make every day a better day for people living with diabetes. Our team of creative innovators around the globe share a passion for finding the simplest solutions to the problems that people with diabetes face on a daily basis. For more than 40 years, we've been redefining what's possible, from intelligent dosing systems designed for real life to predictive insights that stay a step ahead, and we're dedicated to continuing to support our customers through every step of their journey - meeting them where and how they need it.