Accounts Receivable (AR) Executive – Insurance Sector

Job Description:

We are seeking a detail-oriented and proactive Accounts Receivable Executive with experience in the insurance sector. The ideal candidate will be responsible for managing outstanding receivables, following up with clients and insurance companies through phone calls and emails, and ensuring timely collection of premiums and claim-related payments. Strong communication and client coordination skills are essential.

Key Responsibilities:

• Monitor and manage accounts receivable balances related to insurance premium collections and claim reimbursements.
• Make regular outbound calls to insurance companies, brokers, and policyholders to follow up on outstanding invoices and payments.
• Resolve payment discrepancies and coordinate with internal teams to clarify billing issues.
• Maintain accurate records of communication, commitments, and payment status in the system.
• Reconcile customer accounts and update ledgers with received payments.
• Generate aging reports and escalate delinquent accounts as needed.
• Ensure compliance with company policies, IRDAI guidelines, and audit requirements.
• Support month-end closing processes related to revenue and receivables.
• Build and maintain strong relationships with clients and insurance partners to ensure prompt resolution of queries.

Requirements:

• Bachelor’s degree in commerce, finance, accounting, or a related field.
• 1–3 years of experience in accounts receivable, preferably within the insurance or financial services sector.
• Proven experience in calling/following up for collections or coordination with clients/insurance partners.
• Excellent verbal and written communication skills in English (regional language is a plus).
• Proficiency in MS Excel and accounting/ERP software (e.g., Tally, SAP, or similar).
• Strong analytical, negotiation, and time management skills.
• Ability to work independently and as part of a team under tight deadlines.

Preferred Qualifications:

• Experience working with insurance companies (life, health, or general insurance).
• Knowledge of IRDAI regulations and the insurance documentation process.
• Familiarity with CRM tools or call management systems.

Benefits : 

• 5 Days working 
• US Shift (5:30 PM - 2:30 AM IST )