Hiring: Receivable and Payable Analyst | The Cigna Group | Latest Jobs in Dubai 2024

Description

Responsible for liaising with customers regarding all areas of premium and collection queries including credit control, policy changes, cancellations and reinstatements.

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Positions:

• Receivable and Payable Analyst

Required to provide accurate and timely maintenance of customer information and provide invoices to customers in accordance with the agreed frequency.

Responsible for ensuring all compliance and market specific requirements are being met and must be able to work through their own initiative with additional tasks and expectations.

Responsible for managing internal teams’ requirements and expectations (BS Team, Sales, UW) with regards to policy activation for premium allocation.

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Responsibilities

As a successful candidate for the Latest Jobs in Dubai, your responsibilities may include:

• Reviewing bank reconciliation and ensuring all funds applied to policies and monitoring accurate allocation of payment.
• Processing accurate changes including Credit Control, premium changes, cancellations and reinstatements towards Actisure.
• Continuous drive towards reducing debt ageing.
• Ensuring policies are suspended if member fails to settle payments.
• Ensure Direct members and brokers are informed with regards to the client’s premium outstanding.
• Timely premium allocations/collection of payment to activate a new/ renewed policy.
• Uphold the highest level of data protection and confidentiality towards all stakeholders.
• Resolving premium queries both direct and broker channel
• Preparation of SOAs and receipts when requested.
• Handle disputed accounts, liaise with Client Manager, and negotiate to bring payment in line with terms.
• Lead discussions with Partners, Client Managers and Banks to ensure smooth progress.
• Maintain the lead for integration and system migration.
• Process and record all outgoing payments, including vendor invoices, insurance claims payouts, and commissions
• Ensure that all payable transactions are accurately coded and posted to the correct general ledger accounts
• Process claims payouts, ensuring accuracy and adherence to the company's policies and guidelines
• Reconcile TPA settlement payments, verifying amounts and resolving any discrepancies with reinsurance providers.
• Coordinate with the claims department to confirm that all claim approvals are complete before issuing payments.
• Resolve discrepancies in invoices by working with TPA, vendors and internal teams to ensure proper documentation is in place.

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Requirements

To qualify for the Latest Jobs in Dubai, applicants should meet the following requirements:

Education & Experience

• Bachelor's degree in accounting, finance, or related field,
• 3 years plus working experience in insurance industry in UAE.
• Must have strong experience in AR and AP
• Advanced Microsoft Office (Word, Excel, and Power Point) skills

Skills & Capabilities

• Excellent interpersonal and communication skills.
• Strong analytical skills and attention to detail.
• Confidence to deal with a range of stakeholders.
• Excellent time management skills and ability to prioritise a demanding workload.

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Unlock Your Future with the Latest Jobs in Dubai

Dubai is a thriving hub of innovation and opportunity, and the Latest Jobs in Dubai provide the perfect platform for you to advance your career. Whether you're looking for a fresh start or aiming to take the next step in your professional journey, the diverse range of Jobs in Dubai ensures there's something for everyone.

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About Company:

We’re dedicated to improving the health and vitality of those we serve. Through our divisions, Cigna Healthcare and Evernorth Health Services, we work to enhance the lives of our clients, customers, and patients.

Together with our colleagues around the world and our 190+ million customer relationships, we drive growth and improve lives.

Here, we believe relationships matter and we build ours on respect, empathy, and trust.

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How to Apply?

To be considered for any career position at The Cigna Group, please apply through the application form or send your updated CV in Word or PDF format to Here

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