Credit Controller (Insurance) | Modern Pharmaceutical LLC
A well-known and well-reputed Company based in Dubai, United Arab Emirates is looking for an experienced, skilled, competent, mature, capable, efficient, qualified, creative, and intelligent candidate with significant competency, good knowledge, and relevant working experience for the position of “Credit Controller (Insurance)”.
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| Company Name | Modern Pharmaceutical LLC |
Job Requirements and Benefits:-
| Qualification | Masters Degree | Bachelors Degree | ACCA | CPA | CA |
| Experience | 3 – 4 years of Relevant Experience Required |
| Monthly Salary | 7,000 AED – 8,000 AED |
| Employment Type | Part Time | Permanent |
| Company Size | 100 – 500 Employees |
| Benefits | Medical Insurance | Performance-based Increments |
| Location | Dubai |
About the job
The Role
The Credit Controller-Insurance will monitor the claim reconciliation/collection process to meets the standard operating procedures in time and quality.
What you will do
Area Of focus #1 – Receivable & Billing.
- Plan, Execute and Oversee claims submission & collection of payments to achieve monthly targets on cash flow.
- Preparation of monthly statement and follow up (including visits) with companies for receivables.
- Provide recommendation on control measurements against rejections, related work procedures and system modification for effective operations.
- Supervise on rejections and resolution to generate related reports within specific time frame.
- Monitor customer accounts on a frequent period to identify payment and related gaps from standard to maintain control on risk factor.
- Ensure re-submission procedures on rejected claims as applicable is adhered.
- Verify outstanding payments of companies on specific time period and ensure clearance procedures are adhered to within time frame.
- Performing a monthly receivable reconciliation with Thumbay team and following up for payment collection.
- Yearly sign off with insurance companies for previous years outstanding (if any).
- Preparation of management report for monthly review.
Area Of focus #2 – Team Work.
- Support and monitor the reconciliation team in invoice reconciliation and ensure the reconciliation process is carried out effectively.
- Facilitate the senior managers for various requests and reports received from higher management.
- Participate in monthly financial dosing activities.
- Complete special task assigned by Reporting Manager.
Area Of focus #3 – Communication.
- Maintain robust relationship with customers by professional conduct and response to queries over standard guidelines in effective communication.
- Provide support to the audit team to ensure the standard operating procedures are adhered in quality and time.
- Frequent visit to insurance and corporates companies to build up mutual business relationship.
- Communicate to retail pharmacies and clinics.
What you must have
- Graduate –Commerce/Accounting/Medical
- Essential Skills & Knowledge- Strong background on UAE insurance market and law/compliance.
- Good Knowledge on all insurance portals, receivables, claim submission, reconciliation and resubmission from any medical center in UAE.
- Knowledge in MS office (Word, Excel and PowerPoint) is a must at reporting level.
- Knowledge in insurance portals and regulatory post offices.
- Knowledge in SAP/Oracle is an advantage.
Please share your resume on the below given details
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Apply-Now: [email protected]