Job closed
Ref: HP698-9442
Job description / Role
Orient is an Al-Futtaim company, considered a leader in the regional insurance market with representation in the UAE, Oman, Egypt, Syria and Sri Lanka and the only company in the Middle East that carries a combined ratings A Excellent from A.M. Best and A (strong) from Standard and Poor's.
Orient is also accredited with ISO 9001 Quality Management Certification. The company believes in a well structured transparent corporate culture, highly professional standards and integrity, clear strategy and employee empowerment.The duties and responsibilities for this role are the following:
* Maintain Debtors and Commission payable databases in Excel to supplement limited information generated through Premia10 and to update both systems on a regular basis.
* Responsible for the preparation, interpretation and timely submission of regular Management Information including KPIs, branch performance reports ,debtors performance reports including aged analysis and ad-hoc Management Information with regard to performance of debtors and customer/channel profitability.
* Reconciliation of related Premia Accounts in the General Ledger with Excel databases.
* Reconciliation of commission payable as per GL with actual commission payable as per the debtors balances in Premia 10.
* Periodical reconciliation of debtors accounts with key brokers and other intermediaries, subject to availability of information from the respective intermediaries.
* Dispatch reminder letters for  unsettled dues from direct clientfollow-up until settlement or cancellation .
* To minimize justifiable complaints regarding debtors and commissions to enhance customer confidence and satisfaction
Requirements
To be successful in winning this role, the ideal candidatesmust possess the following qualifications:
* Holding a Bachelor's degree or Maters in Commerce.
* Having over 5 years of experience in Finance, preferably in an Insurance Industry.
* Well-versed in MS Office applications (especially Excel), working knowledge in Premia will be an advantage.
* Excellent interpersonal and communication skills.
About the Company
Established in the 1930's, the Al-Futtaim Group initially operated as a trading enterprise. Rapid development throughout the 1940's and 50's saw it establish itself regionally as an integrated commercial, industrial and services organisation, positioning itself one of the leading business houses in the lower Gulf region. Today, it operates collectively over 40 companies bearing the Al-Futtaim name, dominates many market segments in the UAE, and has expanded its sphere of operation to include Bahrain, Kuwait, Qatar, Oman and Egypt.
The Group comprises a diverse range of strategically positioned operating subsidiaries and associate companies, structured to give the Al-Futtaim Group the flexibility and versatility to keep ahead of local competition while keeping pace with the ever-evolving global business scenario. The Groups continued investment in world-class systems technology is clear evidence of its commitment to maintain leading edge performance and service delivery.
The success of the Al-Futtaim Group can be attributed to a business approach that combines the ability to change with the traditional values of integrity, service and social responsibility that define its core business philosophy. This, linked with the Groups belief in decentralisation, gives the heads of the operating companies a high degree of functional autonomy and authority, providing the Group with essential flexibility, and individual employees a clearly defined work culture and sense of responsibility.