Role & Responsibilities -
1. Handling of bank reconciliation and closure of unreconciled entries for premium collections done through various collection modes to avert financial risk and customer dissatisfaction.
2. Presenting the collection status in a right and meaningful format for further analysis and increasing profitability.
3. Supporting new collection process setup to ensure compliance and regulate daily activities as per the process requirement.
4. Monitor & summarize bank charges to help analyse undue charges applied by bankers.
6. Preparing control files for finding improper receipting & clearance update done in Life Asia.
7. Align other department requirements with our procedures.
8. Coordinating with bankers and collection intermediaries for timely completing of our set processes and avoid financial loss and customer dissatisfaction.
9.Audit coordination and support for collection and banking activities.