Claims Processing Executive (Stat Board / Hybrid / Bugis)

PERSOL; Singapore; Hybrid; SGD 60,000 - 80,000; Full time

Job summary

A leading statutory body in Singapore is looking for a Claims Processing Executive to ensure the correctness of claims submissions. The ideal candidate will have a diploma in Finance with at least 2 years of experience, strong attention to detail, and excellent communication skills. Responsibilities include certifying claims, liaising with recipients, and preparing reports. Work hours are Monday to Thursday, 8:30am – 6pm, and Friday, 8:30am – 5:30pm. Only shortlisted candidates will be contacted.

Qualifications

• Minimum diploma or equivalent in Finance or related studies with 2 years of relevant working experience.
• Good interpersonal and communication skills (oral and written).
• Must uphold strong code of work ethics, particularly confidentiality of information.
• Able to work under pressure to meet deadlines and be meticulous.

Responsibilities

• Certify correctness and completeness of claim forms for final claims.
• Liaise with grant recipients on claims queries.
• Obtain and record explanations for variances in approved costs.
• Provide updates on claims verification process.
• Compute final qualifying cost of the project.
• Prepare Project Summary of Claim Report with expenditures breakdown.
• Ensure timely verification of claims for disbursement.
• Examine authenticity of items claimed against supporting documents.
• Certify claims within approved qualifying costs.
• Prepare reports for each verified claim.

Skills

Interpersonal skills

Communication skills

Attention to detail

Education

Diploma in Finance or related studies

Job description

Claims Processing Executive (Stat Board / Hybrid / Bugis)

P-Serv is partnering our Client, a leading statutory body. Join Our Team as a Claims Processing Officer – Unlock Your Potential in a Dynamic Workplace!

Job Responsibilities

• Certify the correctness and completeness of claim forms and supporting documents for all final claims submitted by grant recipients.
• Liaise directly with grant recipients on any queries pertaining to claims and/or missing documents.
• Obtain and record grant recipients’ explanations for cases where there is a variance between actual and supported amounts for approved costs.
• Provide updates on claims verification process and seek clarifications relevant to claim verification.
• Compute final qualifying cost of the project according to guidelines and SOPs of the grant.
• Prepare Project Summary of Claim Report including breakdown of actual expenditures according to approved budget items and complete set of supporting documents.
• Ensure claims are verified in a timely manner so that disbursement to grant recipients is within the agreed service level.
• Examine description and authenticity of items claimed against the appropriate supporting documents submitted by the grant recipients to substantiate the claims.
• Certify claims submitted by grant recipients within the approved qualifying costs and grant amounts.
• Prepare and sign off reports in line with requirements for each verified claim.

Job Requirements

• Minimum diploma or equivalent in Finance or related studies with 2 years of relevant working experience.
• Good interpersonal and communication skills (oral and written).
• Must uphold strong code of work ethics, in particular confidentiality of information.
• Able to work under pressure to meet deadlines and be meticulous.

Working Location / Hours

Bugis

Mondays – Thursday, 8.30am – 6pm ; Fridays, 8.30am – 5:30pm

We regret to inform that only shortlisted candidates shall be contacted.