Team Lead / Asst Manager - Senior Collections Specialist

Zurich Insurance; Kuala Lumpur; On-site; MYR 89,280 - 133,920; Full time

Job summary

Zurich is seeking a Team Lead / Assistant Manager for Senior Collections to lead the collections team, ensure accurate bad debt recovery, and drive process improvements. The role partners with Finance, Underwriting, Operations, IT and other stakeholders to resolve issues and enhance controls.

The position requires 3–5 years in collections or AR, 1–2 years in a supervisory role, and strong Excel/analytical skills. Insurance/financial services experience is a plus.

Qualifications

• Bachelor's degree in Accounting or related field.
• 3–5 years of experience in Collections or Accounts Receivable.
• 1–2 years of team leadership or supervisory experience.
• Experience in General Insurance/Financial Services is advantageous.
• Intermediate or advanced Excel and analytical skills.

Responsibilities

• Lead and manage daily collections and bad debts recovery processes.
• Handle Direct and Non-Direct accounts.
• Monitor and resolve unmatched receipts, journals, payments and DKOs.
• Conduct monthly stakeholder meetings.
• Perform broker statement reconciliations and communicate unreconciled items.

Skills

Communication

Stakeholder management

Problem-solving

Leadership

Analytical thinking

Education

Bachelor's degree in Accounting, Finance, Business Administration and Business Management

Tools

Excel

Job description

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Team Lead / Asst Manager - Senior Collections Specialist

128908

Job Purpose:

To lead Collections Team in managing end-to-end collections process. This role is responsible for ensuring accurate bad debt recovery, timely resolution of unmatched transactions, broker reconciliation, audit readiness, and continuous process improvement.

To work closely with internal stakeholders and cross-functional teams to maintain financial integrity, strengthen operational controls and to drive service excellence.

Key Responsibilities

• Lead and manage daily collections and bad debts recovery processes
• Handling Direct and Non-Direct accounts
• Monitor and resolve unmatched receipts, journals, payments and DKOs
• Monthly meetings with stakeholders
• Perform monthly brokers statement reconciliations and communicate with stakeholders on unreconciled items
• Review and approve premium and commission refunds and DKOs (Direct Knock -Off)
• Handling the annual bad debt write-off process and unclaimed monies in accordance with company policies and regulatory requirements
• Act as the escalation point for complex collection, unmatched and reconciliation issues
• Support internal and external audits by ensuring complete and accurate documentation
• Attend to ad hoc requests and operational matters as required
• Collaborate with Finance, Underwriting, Operations, IT, and other stakeholders to resolve issues and improve processes
• Supervise, coach, and develop team members to achieve operational and service targets
• Participate in system enhancements, UAT activities, automation initiatives, and process improvement projects

Requirements

• Bachelor's Degree in Accounting, Finance, Business Administration and Business Management
• Minimum 3 - 5 years of experience in Collections or Accounts Receivable
• At least 1–2 years of team leadership or supervisory experience.
• Experience in General Insurance, Financial Services, or Shared Services environment is an advantage.
• Intermediate or Advanced Excel and analytical skills.
• Excellent communication, stakeholder management, and problem-solving abilities.

You are the heart & soul of Zurich!

At Zurich, we like to think outside the box and challenge the status quo. We take an optimistic approach by focusing on the positives and constantly asking What can go right?

We highly value the experience and know-how of our employees and offer a wide range of opportunities across business areas to encourage you to apply for new opportunities within Zurich when you are ready for your next career step.

Let's continue to grow together!