Insurance Analyst

2 days ago

Mandaluyong City, National Capital Region, Philippines Unilab Full time ₱1,200,000 - ₱1,800,000 per year

(for a Unilab Group Subsidiary)

It is the spirit of Bayanihan that drives us to continue our legacy of excellence and commitment to care. As an organization, we achieve our successes through good, honest, and persevering hard work - TOGETHER. It is in this way in which our company was built; we progressed as the country's leading Pharmaceutical company, not by sheer luck, but by pure perseverance, integrity, and brotherhood. Grow with us, and be a part of the Bayanihan spirit.

The Insurance Premium Reconciliation Analyst will be assigned in reviewing and reconciling insurance policies with payment and booking records. The position will ensure the accuracy of premiums billings, identifying and documenting discrepancies while coordinating with the concerned units. The analyst will mainly support to resolve the premium billings backlog and below and assist with documentation and reporting.

Duration of Fixed-Term Assignment: 6 months

Key Responsibilities:

  • Premium Reconciliation: 
    -    Review and reconcile insurance policies against payment and booking records across multiple accounts and insurers
  • Discrepancy Management:
    -    Tag and accurately document all discrepancies identified during the reconciliation process.
  • Coordination & Resolution: 
    -    Coordinate actively with account officers, finance, and insurers to resolve premium payment status discrepancies.
  • Reconciliation Tracker: 
    -    Maintain and regularly update the reconciliation tracker, ensuring data integrity and accessibility.
  • Document Support: 
    -    Support document retrieval and encoding efforts as needed to facilitate reconciliation and reporting.
  • Reporting Assistance: 
    -    Assist in generating monthly reports related to premium reconciliation and outstanding items.

Qualifications:

  • Experience in accounting, finance, or insurance back-office operations, particularly with reconciliation.
  • Strong attention to detail and accuracy in data review.
  • Proficiency in using Microsoft Excel (filters, pivot and basic formula)
  • Ability to manage and prioritize multiple tasks effectively.
  • Familiarity with insurance premium billing processes is a plus.

We are committed to providing our employees with the best possible experience. As a LEARNING ORGANIZATION, we are eager to support your development and create the most fitting career path for you. As DESIGNERS AND DRIVERS OF INNOVATION, we are keen to provide you with opportunities to positively transform processes that will intensify business growth. As a NURTURING FAMILY, we are passionate about conducting programs that can promote your wellness, and help you be the best that you can be. As BELIEVERS OF OUR PURPOSE, we are and we will always remain earnest in giving meaningful tasks that will keep you delighted and fulfilled - at work and beyond.

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