Senior Technical Specialist - Credit Control

1 Month ago • 4 Years +

Job Summary

Job Description

The Senior Technical Specialist - Credit Control role at Marsh & McLennan Asia Business Services (MMABS) involves performing reconciliation of premiums, claims, commissions, and fees. This includes tracking and resolving discrepancies, monitoring queries, preparing insurer/customer statement reconciliations, and following up on unidentified items. The specialist will also address customer account issues, prepare reports, assist in credit risk analysis, adhere to audit guidelines, and participate in departmental projects. The role requires ensuring timely delivery to meet SLAs and metrics.
Must have:
  • Degree in Business, Accounting, Finance, or related fields.
  • Minimum 4 years of experience in Credit Control/ Credit Collections.
  • Strong Microsoft Excel Proficiency.
  • Good work ethics with high level of integrity, detailed oriented, compliant and process driven.
Good to have:
  • Experience supporting shared service operations.
  • Previous working experience in Insurance / Reinsurance.
  • Ability to systematically manage and retrieve data.
  • Strong analytical skills and detail-oriented.
  • Team player, able to work collaboratively.
Perks:
  • Professional development opportunities.
  • Interesting work and supportive leaders.
  • Vibrant and inclusive culture.
  • Range of career opportunities, benefits and rewards to enhance well-being.

Job Details

Company:

MMC Corporate

Description:

We are seeking a talented individual to join our Credit Control team at Marsh & McLennan Asia Business Services (MMABS). This role will be based in our Pavilion Damansara Corporate Towers, Kuala Lumpur office. This is a hybrid role that has a requirement of working as per respective team's arrangement.

Senior Technical Specialist - Credit Control

We will count on you to:

  • Performing reconciliation of premiums, claims, commissions and fees, including tracking and resolving reconciliation discrepancies & monitoring status of queries with internal and external contacts.

  • Review and prepare insurer /customer statement reconciliation while following-up to clear un-identified/un-reconciled items

  • Track, monitor and resolving collection and payment specific queries while referring to the appropriate stakeholders (Finance, Ops, Brokers, Management) for query resolution.

  • Investigate, discuss and resolve customer accounts/ Insurers/ Reinsurers issues and attend to queries raised by Country Finance, Broker or Underwriters related to outstanding collections.

  • Preparing, distributing and/or presenting monthly or bi-monthly reports, including but not limited to DROs / Bad Debts reports including generating, reviewing and issuing account receivable and account payable statements.

  • Assisting Team Leader / Line Manager to provide recommendations tied to analysis and assessment of credit risk and other ad hoc tasks/assignments

  • Adhere to audit sampling guidelines / SOX and policies & procedures as per organization’s standards and laid out SOPs

  • To ensure timely delivery based on the agreed standard and productivity in order to meet SLA and Metrics on Accuracy, Productivity and TAT per agreed standards with internal/external stakeholders to ensure the smooth and efficient deliveries

  • Participate in project initiatives to improve efficiency and productivity of the department.

What you need to have:

  • Degree in Business, Accounting, Finance or related fields

  • Minimum 4 years of experience in Credit Control/ Credit Collections

  • Strong Microsoft Excel Proficiency

  • Good work ethics with high level of integrity, detailed oriented, compliant and process driven

What makes you stand out:

  • Experience supporting shared service operations

  • Previous working experience in Insurance / Reinsurance

  • Ability to systematically manage and retrieve data

  • Strong analytical skills and detail-oriented to comprehend and summarize appropriate information

  • Team player, able to work collaboratively with a wide variety of people with diverse viewpoints and background

Why join our team:

  • We help you be your best through professional development opportunities, interesting work and supportive leaders.

  • We foster a vibrant and inclusive culture where you can work with talented colleagues to create new solutions and have impact for colleagues, clients and communities.

  • Our scale enables us to provide a range of career opportunities, as well as benefits and rewards to enhance your well-being.

Marsh, a business of Marsh McLennan (NYSE: MMC), is the world’s top insurance broker and risk advisor. Marsh McLennan is a global leader in risk, strategy and people, advising clients in 130 countries across four businesses: Marsh, Guy Carpenter, Mercer and Oliver Wyman. With annual revenue of $24 billion and more than 90,000 colleagues, Marsh McLennan helps build the confidence to thrive through the power of perspective. For more information, visit marsh.com, or follow on LinkedIn and X.

Marsh McLennan is committed to creating a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age, background, disability, ethnic origin, family duties, gender orientation or expression, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, or any other characteristic protected by applicable law.

Marsh McLennan is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office. All Marsh McLennan colleagues are expected to be in their local office or working onsite with clients at least three days per week. Office-based teams will identify at least one “anchor day” per week on which their full team will be together in person.

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About The Company

Marsh McLennan (NYSE: MMC) is the world's leading professional services firm in the areas of risk, strategy and people. The Company's 76,000 colleagues advise clients in over 130 countries. With annualized revenue approaching $17 billion, Marsh & McLennan helps clients navigate an increasingly dynamic and complex environment through four market-leading businesses. Marsh advises individual and commercial clients of all sizes on insurance broking and innovative risk management solutions. Guy Carpenter develops advancedrisk,reinsurance and capital strategies that help clients grow profitably and pursue emerging opportunities. Mercer delivers advice and technology-driven solutions that help organizations meet the health, wealth and career needs of a changing workforce. Oliver Wyman serves as a critical strategic, economic and brand advisor to private sector and governmental clients.

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