To assist the Head of Credit & Commission Services in monitoring accounts under non-legal for general and group business under Insurance in order to minimize the impairment provision for bad and doubtful debts and support the achievement of overall Group's profit.
Ensure department's adherence to establish procedures and processes and ensure that internal and external audit requirements are met. Continuous improvements in procedures and practices.
Manage and monitor outstanding trade receivable accounts and to ensure that extensive follow through outstanding that has past due CBC and PWE to avoid the outstanding from spilling to the next ageing bucket.
Assist the Head of CCS in decision making with action steps to be taken when account aged or the payment trend is out of pattern in order to minimize our losses.
Preparation of Monthly Impairment and Financial Reporting of Outstanding Premium. Assist to review the position of the outstanding premium and Impairment for the respective Sales Channel on monthly basis Monitoring of account under Legal Recovery process and consistent tracking of cases under litigation.
Monitoring account under Legal Recovery process and cases assigned to Debt Collector. Manage and provide guidance to team member to carry out work effectively. Responsible for self development in all area.
Job Requirement
Degree in Accounting or Finance or sufficient years of working experience in similar capacity.
Minimum 2 years of relevant experience in Insurance/Takaful industry or related field.
Able to work independently, resourceful and has the initiative for improvements.
Ability to work under pressure.
Ensure internal / external customer satisfaction, that deal directly with Etiqa.
Strengthen working relationship with all related parties.
Execute Credit Control policy and ensure its compliance with BNM, PIAM and other authority.
Strong team player, pro-active, analytical and resourceful in carrying out the job to achieve objectives. Able to meet challenges and tight deadlines.
