Collections Supervisor
Collections Supervisor
JOB DESCRIPTION
- Responsible for monitoring and managing the efficiency of the collections.
- Responsible for the collection and monitoring of premium status including CWts issued by clients.
- Responsible for the monthly collection targets based on Aging of Accounts and credit terms with clients both direct to Insurers and payments to Philinsure.
- Responsible for Reconciliation of Direct Payments and shall closely coordinates with finance team to ensure payment adjustments to close the AR account with proper documentation.
- Shall assist the finance team to ensure speedy collection of commissions accounts that are directly paid to Insurers being the first contact point with the Client and Insurer for direct payment accounts.
- Responsible for the reconciliation of Clients’ Statement of Account and provided to Clients timely.
- Shall assist in the reconciliation process of Insurer’s billing being having full knowledge of the status of the clients’ accounts.
- Responsible for making sure that Statement of Accounts are timely provided to Clients.
- Responsible to flag all Account Officers and Finance for any false bookings (false defined as unauthorized production without client confirmation and insurer’s acceptance of risk).
- And other responsibilities in order to effectively execute the direction set by the Head of the branch for collections team.
JOB QUALIFICATION
- Holder of Bachelor's Degree in Accounting, Finance, or any related course.
- 3-5 Years of Working Experience in Collections, preferrably in the insurance industry (but not required).
- Must be highly analytical
- Must be detail oriented
- Must be computer literate
- must have strong leadership and management skills
OTHER JOB REQUIREMENTS
JOB BENEFITS
Loan, Health Card, 14th Month Pay, Laptop, Mobile Phone, Life Insurance, Mobile Data PlanWORK LOCATION
OrtigasCOMPANY PREVIEW
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Telephone No.
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COMPANY OVERVIEW
Philinsure was established in 2000 by a Team of Senior Executives from major multinational insurance and reinsurance brokers in the Philippines. Philinsure, the only broker with four business centers in the Philippines (Makati, Ortigas, Cebu, and Davao), has 140 trained personnel including five dedicated Risk Management Engineers. Since its founding in 2000, it has grown to be the 8th largest Direct Broker in the Philippines and, since 2017,
has retained #1 ranking as Reinsurance broker in the country.
In its 20-year history, Philinsure has serviced several major clients focused on retail sales, education, manufacturing, shipping and logistics, food production and service, power generation, construction, travel and leisure, agriculture and agri-technology, financial services and technology, socio-civic services, and business process outsourcing. Clients include conglomerates such as Aboitiz, Ortigas & Company, Marsman, among others, including a mix of international and Philippine organizations, as Direct Broker for both non-life and employee benefits programming and protection. As of 2019, Philinsure closed over PHP 3 billion in total premiums and has successfully settled over PHP 7 billion in various claims. These are testament to the company’s relentless commitment to its clients resulting to a doubling of its revenue from 2015 to 2019. Today, Philinsure enjoys over 50% of the broker market share in Cebu, and continuous growth in total market share in the country.