Executive, Credit Control

We are an established insurance broking organisation providing professional insurance solutions to corporate and individual clients. As part of our continued growth, we are seeking a meticulous and proactive Credit Control Executive to support the team in managing premium collection and ensure timely settlement of accounts.

Key Responsibilities

• Track, monitor, and follow up on premium payments from clients.
• Ensure premiums are collected before settlement deadlines with insurers (to comply with regulatory requirements such as credit terms under insurance broking guidelines).
• Prepare and send statements of accounts and reminders to clients.
• Reconcile insurer statements against internal records to ensure correct premiums and commissions.
• Process and validate payments to insurers based on credit terms.
• Manage reconciliation of bordereaux (if applicable) for certain classes of business.
• Coordinate with insurers to resolve mismatches, short payments, or unidentified receipts.
• Prepare aging reports and credit control summaries for management.
• Work closely with brokers/account managers to resolve outstanding premium issues.
• Maintain accurate and up-to-date records in the accounting and insurance system

Skills

• Familiar with insurance billing and reconciliation processes.
• Accuracy and attention to details, good organizational skill.
• Good computer skills on MS Excel and Word.
• Able to work as a team and independently.
• Proficiency in spoken and written English and Mandarin.
• Good time management skill.

Qualification and Experience

• Diploma or Degree in Accounting, Finance, Business or related filed.
• Minimum 3 years of experience in credit control. Experience in insurance industry is an added advantage.
• Singapore citizens or Singapore PR only.