Job description for Supervisor of Collection at PT Atlas Reinsurance Broker
QUALIFICATIONS
- Bachelor’s degree in Accounting, Finance, Business Administration, Insurance, or related field.
- Minimum 3 years of working experience in collection, accounts receivable, credit control, or finance operations, preferably in insurance, reinsurance, or brokerage industry.
- Strong understanding of insurance/reinsurance business processes, premium settlement, and receivable management.
- Experience in handling overdue accounts and negotiating payment arrangements professionally.
- Good analytical, problem-solving, and reporting skills.
- Strong leadership and team management abilities.
- Excellent communication and interpersonal skills.
- Proficient in Microsoft Office applications, especially Microsoft Excel.
- Ability to work under pressure and meet tight deadlines.
- High level of accuracy, integrity, and attention to detail.
JOB DESCRIPTION
- Supervise and monitor all collection activities related to insurance and reinsurance premium receivables.
- Ensure timely collection of outstanding premiums from cedants, insurers, reinsurers, and other counterparties in accordance with agreed credit terms.
- Follow up overdue accounts and coordinate closely with clients, reinsurers, finance teams, and internal departments regarding outstanding balances.
- Prepare and maintain aging reports, collection status reports, and other related receivable reports for management review.
- Monitor outstanding balances and ensure compliance with company policies and contractual payment terms.
- Coordinate with technical, accounting, and operations departments to resolve billing discrepancies or payment issues.
- Develop and implement effective collection strategies to minimize overdue receivables and improve cash flow.
- Lead, supervise, and evaluate collection staff performance to ensure operational efficiency and target achievement.
- Assist management in preparing collection forecasts and recovery plans for problematic accounts.
- Maintain proper documentation and records of all collection activities and communications.
- Support internal and external audit requirements related to accounts receivable and collection matters.
- Establish and maintain good business relationships with clients and business partners while ensuring professional collection practices.
