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Senior Officer – Collection & Recovery (Riyadh)

Bupa Arabia Riyadh, Saudi Arabia Posted 2022/02/09 11:21:26 Expires 2022-02-23 Ref: JB4486368

Job Description

Following Up on Premium Payments Collection:

  • To maintain strong relations, follow up on the premium payment collection
  • To achieve a monthly target of 60% of total premiums assigned
  • To achieve a daily calls target of (min 30 call/day)
  • To achieve a daily cheque/transfer target of (min 5 CHQ&TT/day)

Maintaining Credit Control Policy Applied (DSO):

  • To maintain the Credit control policy in check by collecting all premiums within the 21 days of DSO (Days on Sales Outstanding)

Sales Administration receivable cycle:

  • To make sure that our Sales System stays updated and well organized by recording the daily activates
  • Ensure that clients are receiving invoices and statements in due time to ensure collection happens on time and as per our forecast

Compliance:

  • To Ensure that clients are receiving their invoices & statements on proper time to prepare our payments
  • Follow Bupa Arabia policies, procedures, and values
  • Rules of engagement with clients / brokers

Debtor report management:

  • To make sure that all debtor reports are printed and reviewed with the relevant relationship manager on weekly basis to set our week plan for collection
  • Provide a daily update and a weekly report about collection progress

Skills

  • Fluent in English/Arabic and very good computer literate (Word & Excel)
  • Excellent communication skills Written/Oral
  • Good knowledge with numbers and financial statements

Education

Admin, accounting or related field

Job Details

Job Location Riyadh, Saudi Arabia
Job Role Accounting/Banking/Finance
Employment Status Full time

Preferred Candidate

Career Level / Band Entry Level
Years of Experience Min: 1 Max: 3
Nationality Saudi Arabia
Minimum Degree Bachelor's degree

Bupa Arabia

Insurance Jeddah , Saudi Arabia 500 employees or more +966.9.200.00456 https://www.bupa.com.sa

Bupa Arabia is a healthcare insurance company based in the Kingdom of Saudi Arabia. We are an associate business of Bupa Group, which is a global healthcare company with an international reach that extends across multiple business operations, practices, and resources.


Founded in October 1997, Bupa Arabia was initially established through a partnership between Bupa Global International and Nazer Group, with the key focus to provide health insurance services with high quality and competitive prices, while ensuring a distinctive experience for customers. Bupa Arabia has since evolved into a fully Saudi-owned and operated company. Our transformation from a joint venture into a publicly traded company on the Saudi Stock Exchange occurred in 2008, as we made 40% of our shares available to the public during our Initial Public Offering (IPO).


As a subsidiary of the global Bupa Group, we draw upon international expertise while maintaining a profound understanding of local healthcare requirements and regulations. This allows us to offer comprehensive healthcare insurance solutions tailored to the unique needs of the Saudi Arabian market.


Bupa Arabia prides itself on its commitment to the wellbeing and development of its employees, providing them with the same standard of care, support, and professionalism that it expects to be delivered to its customers.


Our core values shape every aspect of our work and culture:
Commit – Own it with accountability and urgency.
Collaborate – Win together through cross-functional synergy.
Care – Put people first, both employees and customers.

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