Insurance Processor

OCBC company; Malaysia; On-site; MYR 40,000 - 60,000; Full time

Benefits offered by this job

Competitive base salary

Flexible benefits

Industry-leading learning opportunities

Job summary

OCBC company in Malaysia is seeking an Insurance Processor to manage insurance coverage and reconciliation processes. This role requires a degree in finance or business administration and at least 2 years of relevant experience. The successful candidate will ensure compliance with bank guidelines, provide administrative support, and handle related reports. The position offers a competitive salary, holistic benefits, and opportunities for professional development.

Qualifications

• Minimum 2 years of experience in credit administration or a related field.
• Strong understanding of credit administration processes and procedures.
• Ability to work under pressure and meet deadlines.

Responsibilities

• Ensure adherence to insurance coverage for insurable collaterals.
• Conduct daily reconciliation of Sundry Creditors GL.
• Manage New Proposal Form Submission/Renewal and Cancellation of Policy.
• Provide support to Settlement Team and Loan Recovery Unit.
• Review insurance and CGC related reports timely.

Skills

Analytical skills

Problem-solving skills

Communication skills

Attention to detail

Organizational skills

Education

Degree in finance or business administration

Job description

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This exclusion clause shall take effect to the fullest extent permitted by law.You further consent to Oversea-Chinese Banking Corporation Limited, its related corporations (collectively, the "OCBC Group"), and their respective business partners and agents (collectively, the “OCBC Representatives”) collecting, using and disclosing your personal data for purposes reasonably required by the OCBC Group and the OCBC Representatives to enable them to process your employment application and assess your suitability for the position which you are applying for. Such purposes are set out in a Data Protection Policy, which is accessible at www.ocbc.com/policies or available on request and which you confirm you have read and understood.Insurance Processor page is loaded## Insurance Processorremote type: Onsitelocations: OCBC Malaysia, Wisma Lee Rubbertime type: Full timeposted on: Posted Todayjob requisition id: JR00007447# **WHO WE ARE:** Today, we’re on a journey of transformation. Leveraging technology and creativity to become a future-ready learning organisation. But for all that change, our strategic ambition is consistently clear and bold, which is to be Asia’s leading financial services partner for a sustainable future. We invite you to build the bank of the future. Innovate the way we deliver financial services. Work in friendly, supportive teams. Build lasting value in your community. Help people grow their assets, business, and investments. Take your learning as far as you can. Or simply enjoy a vibrant, future-ready career.Your Opportunity Starts Here.# * To ensure adherence and process timely and accurately on insurance coverage for* insurable collaterals in compliance with Bank's Guidelines and Procedures and in accordance to set SLA / TAT.* To ensure daily reconciliation of Sundry Creditors GL in accordance to set SLA/TAT.* To ensure the Collection Account 2 (both Conventional & Islamic) are reconciled and adhered to Collection Account Policy & Procedures.* To ensure Insurance Administration [MY/SG] i.e. New Proposal Form Submission / Renewal and Cancellation of Policy / Claim are attended timely and accurately and in accordance to set SLA/TAT.* To provide support to Settlement Team by sending instructions to GEGM / Zurich Takaful / STATE Brokers for deletion of charge clause / change debiting account for properties redeemed.* To provide support to Loan Recovery Unit (COD/SAM) to arrange for deletion of charge clause or policy cancellation.* To ensure Insurance & CGC related reports are reviewed in timely manner.* To ensure CGC/SJPP Administration i.e. Submission / Application Status / Payment, Renewal & Cancellation of Guarantee / Monthly Reconciliation Reporting attended in accordance to set SLA / TAT set.* To ensure all GIFT MANAGER/ BBCSC Inquiries to be replied in timely manner with no overdue cases.# * A degree in a relevant field, such as finance or business administration* At least 2 years of experience in credit administration or a related field* Strong understanding of credit administration processes and procedures* Excellent analytical and problem-solving skills* Effective communication and interpersonal skills* Ability to work under pressure and meet deadlines* Strong attention to detail and organizational skills# # **What we offer:**Competitive base salary. A suite of holistic, flexible benefits to suit every lifestyle. Community initiatives. Industry-leading learning and professional development opportunities. Your wellbeing, growth and aspirations are every bit as cared for as the needs of our customers.