Junior Finance Collections Analyst — Insurance

Arch Global Services

Pateros

On-site

PHP 350,000 - 550,000

Full time

14 days+

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Job summary

Arch Global Services (Philippines) Inc. in Manila is seeking a Collections Analyst for the Open Brokerage Finance Team.

You will analyze policy premium balances and drive timely collection of outstanding premiums across captive accounts, interacting with Program Administrators, Brokers, Insureds, and Underwriters. Responsibilities include notifying brokers of balances, issuing cancellation notices for non-payment, reconciling accounts, resolving discrepancies, and supporting legal and agency

Qualifications

Strong reconciliation and analytical/problem solving skills.
Strong interpersonal and organizational skills.
Excellent written and verbal communication skills.
Ability to work independently and as part of a team.
Ability to handle several tasks simultaneously.
Attention to detail.
Understanding of Captives and/or Reinsurance is a plus.

Responsibilities

Communicate outstanding premium balances to brokers.
Issue cancellation notices for non-payment of premium.
Reconcile outstanding balances.
Troubleshoot discrepancies involving premium, commission and payment differences.
Request disbursements for return premium balances.
Resolve unapplied cash.
Direct collection of outstanding final audit balances to insureds.
Maintain proper account of collection efforts.
Clarify final audit amounts with insureds and remove disputes.
Support collection agencies by preparing and submitting required documentation.
Provide legal support with account documentation for litigation.
Participate in special projects and system user acceptance testing as needed.