Lead, Accounts

The Great Eastern Life Assurance Company Limited; Singapore; Vor Ort; SGD 90.000 - 130.000; Vollzeit

Zusammenfassung

The Great Eastern Life Assurance Company Limited is seeking a Lead, Accounts to oversee premium operations, receivables management, credit control, and financial reporting for the Group Insurance business in Singapore.

Role focuses on strengthening cash flow, managing financial risks, improving collection effectiveness, and providing insights to support business growth and profitability. Requires strong analytical skills, stakeholder management, and leadership experience.

Qualifikationen

• Degree in Accounting, Finance, or related discipline.
• Minimum 5 years in Accounts Receivable, Credit Control, or Finance Operations.
• Experience in Insurance/Financial services preferred.
• Strong knowledge of premium administration and receivables.
• Proven ability to lead projects and drive process improvements.

Aufgaben

• Lead end-to-end premium processing to ensure timely transactions.
• Manage collections, aged receivables, and credit control to improve cash flow.
• Develop collection strategies with brokers and policyholders.
• Monitor claims hold and release processes for outstanding premium.
• Oversee SOA reconciliation with brokers and legacy balances clearance.
• Support budgeting, expense tracking, and financial planning.
• Prepare dashboards and financial reports to support decision-making.
• Lead governance, transformation, and controls improvement initiatives.

Kenntnisse

Analytical skills

Problem solving

Stakeholder management

Leadership

Excel

Financial reporting

Debt recovery

Ausbildung

Accounting/Finance degree

Tools

Microsoft Excel

Financial systems

Reporting tools

Jobbeschreibung

The Lead, Accounts is responsible for overseeing premium operations, receivables management, credit control, financial reporting, and budget support for the Group Insurance business. The role serves as a strategic financial partner to strengthen cash flow, manage financial risks, improve collection effectiveness, and provide actionable insights that support business growth and profitability.

Key Responsibilities

• Lead end-to-end premium processing activities to ensure timely, accurate, and compliant premium transactions.
• Manage premium collections, aged receivables, and credit control activities to improve cash flow and minimize bad debt exposure.
• Develop and execute collection strategies with brokers, intermediaries, and policyholders to reduce outstanding balances and improve collection performance.
• Monitor and govern claims hold and release processes arising from outstanding premium situations, ensuring timely resolution with relevant stakeholders.
• Oversee broker and intermediary Statement of Account (SOA) reconciliation activities, including initiatives to clear legacy and aged outstanding balances.
• Support departments in budgeting, expense tracking, financial planning, and utilization monitoring
• Prepare management dashboards, portfolio analysis, financial reports, and collection performance updates to support decision-making
• Lead process improvement, governance enhancement, and transformation initiatives to strengthen operational efficiency and financial controls

Qualifications

• Possess a Degree in Accounting, Finance, Business, or a related discipline.
• Minimum 5 years of experience in Accounts Receivable, Credit Control, Finance Operations, or Insurance Operations.
• Experience within Insurance, Employee Benefits, Healthcare Insurance, or Financial Services industries is preferred.
• Strong knowledge of premium administration, receivables management, debt recovery, and financial reporting.
• Proven experience in managing collections, credit exposure, and stakeholder negotiations.
• Strong analytical and problem-solving skills with the ability to identify trends and recommend solutions.
• Experience in preparing management reports, dashboards, and business performance analysis.
• Strong stakeholder management skills with the ability to collaborate across Operations, Claims, Marketing, Finance, and external business partners.
• Demonstrated ability to lead projects, drive process improvements, and implement control enhancements.
• Proficiency in Microsoft Excel, financial systems, and reporting tools

:SG-GE Centre

:Group Insurance