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Assistant Manager EXL / AM / 1470030
exlNoida, Uttar Pradesh, India7 hours ago
Job descriptionMeet strict deliverables related to claim and other payments, reconciliations, payment balancing and Coordinate the processing of accurate and timely payments of claims expense transactions utilizing Manage relevant Bank Account balances and ensure checks and wires are drawn from the right bank Reconcile payment information to source systems, through to remittance advice Post all claims and payment transactions to the general ledger Manage, coordinate, and oversee the Finance US and UK Claims inboxes and ensure proper completion Coordinate day to day workflow and provide direct support for team; Act as first point of contact for Perform Group Payment Processing audit on randomly selected transactions for each payment run to Coordinate the reconciliation of TPA claims bordereaux for applicable lines of business and research Take lead role in relationship management by working closely with Claim Payment, Vendor Coordinate and distribute the Group Claims Material Settlement Notifications, inform all affected parties, Participate in Embedded Invoicing processing, reconciliations and respond to customer queries In-depth Ability to participate in audits to assure compliance and effectiveness of processes and data Ability to assist in training new or less experienced analysts, and assist in developing and Manager for the purpose of reporting performance, escalation handling, clarifying concerns, and seeking feedback and support Peers (team members) for the purpose of seeking co-operation & clarification on process-related matters & providing assistance and support when required Should have worked for LOB’s such as Accounts Payable, Accounts Receivable, etc. Should have fair understanding on both cost & revenue side of insurance business Certification such as AINS, CPCU is good to have, but not mandatory Interact with the onshore team for any changes in the existing procedure, document / update Fair skillset in MS office Knowledge of SAP / Other ERP Finding new opportunity in the existing work to improve the quality of the same Exposure to Accounts Payable, Accounts Receivable & Treasury Process Documentation and preparation of SOPs Ability to work with client independently Good oral / written communication & presentation skills Must be a self-starter, detail oriented with the ability to meet deadlines under pressure Work allocation exposure Extending support to team Team handling experience Analytical skills and competent at logical reasoning Time management skills Able to prioritize multiple activities and projects Self-disciplined and result oriented Ability to multi-task Ability to work effectively as part of a team Commitment and drive for results Ability to pay attention to detail Minimum 4-5 years of work experience in the technical fields as listed in this JD Preferrable 2-3 years of experience within Insurance and Finance
Job Description
Basic Function
- Fair understanding of insurance products
- Sound knowledge of AP / AR / Treasury accounting
- Maintaining strong control over cross-training & SOP updation
Essential Functions
customer responses
various processes depending on the line of business
account
of requests, queries, and deliverables
customer inquiries
ensure payments are accurate and correctly documented
and resolve queries
Management and Claims Teams to ensure accurate and timely payments and provide premier customer
service
and ensure Bank Balances are sufficient
knowledge for Procure to Pay cycle.
requirements
maintaining training programs
Primary Internal Interactions
Insurance Knowledge
Primary External Interactions
changes in SOP and getting trained on any new activity
Skills
Technical Skills
Process Specific
Skills
Soft skills (Desired)
Soft Skills (Minimum)
Education Requirements
Must be a graduate with at least 15 years of formal education in Commerce stream with 4-5 years of
relevant experience in the technical areas listed on this JD. or or MBA)
Work Experience Requirements
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Assistant Manager • Noida, Uttar Pradesh, India
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