Insurance Operations - Policy Servicing Executive (1 Yr Contract)

Placement Professionals, LLC

Singapore

On-site

SGD 42,000 - 66,000

Full time

8 days ago

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Job summary

Placement Professionals, LLC is seeking candidates in Singapore for an Insurance Billing role focused on employee benefits policy servicing, invoicing, and data accuracy. The position requires collaboration with Sales, Claims, Underwriting, Finance and Technology to ensure smooth plan and invoicing operations.

The role emphasizes adherence to data security, internal audit standards and participation in UAT and process improvements to enhance billing workflows and member administration.

Qualifications

  • Minimum 2 years of experience in Insurance.
  • Experience with employee benefits preferred.

Responsibilities

  • Process Group Employee Benefits policy servicing activities including renewal billing, policy amendments, member movements and maintenance of member records.
  • Execute premium invoicing duties such as uploading data, calculating costs, reconciling balances and verifying breakdowns for accurate financial statements.
  • Manage operational questions regarding invoicing mismatches, participant information and plan management updates to deliver prompt resolutions according to service level agreements.
  • Ensure precise records of plans and transactions are kept while conducting validation and compliance checks to satisfy data security and internal audit standards.
  • Collaborate with Sales, Claims, Underwriting, Finance and Technology departments to handle service issues and promote seamless plan and invoicing operations.
  • Participate in UAT, system enhancements and process improvement initiatives to improve billing workflows, data quality, member administration and digital servicing.

Skills

Policy servicing
Invoicing
Data accuracy
Stakeholder collaboration

Job description

I specialize in Financial Advisory (FA) and Insurance Roles; please browse [More jobs from this company] for more roles.

Looking with candidates with 2 Years of Experience (YOE) or more in Insurance.

Job Responsibilities
  • Process Group Employee Benefits policy servicing activities including renewal billing, policy amendments, member movements and maintenance of member records.
  • Execute premium invoicing duties such as uploading data, calculating costs, reconciling balances and verifying breakdowns for accurate financial statements.
  • Manage operational questions regarding invoicing mismatches, participant information and plan management updates to deliver prompt resolutions according to service level agreements.
  • Ensure precise records of plans and transactions are kept while conducting validation and compliance checks to satisfy data security and internal audit standards.
  • Collaborate with Sales, Claims, Underwriting, Finance and Technology departments to handle service issues and promote seamless plan and invoicing operations.
  • Participate in UAT, system enhancements and process improvement initiatives to improve billing workflows, data quality, member administration and digital servicing.

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