Collections Officer (BDO Insurance)

The Collection Officer handles collection and monitoring of premium receivables and ensures immediate follow up of unpaid accounts to meet agreed credit term/credit term extension/grace period with Insurers.

The duties and responsibilities we will trust you with:

• Handles actual collection of premium receivables for assigned market segment. Initiate follow-up with the client and update of collection effort in the system. Comply with Quality Assurance standards on timeliness and completeness of collection effort.
• Follows through and monitors receivable for collections based on marketing diary and/or clients commitment date of payment.
• Evaluates unapplied payments and recommends payment applications and/or reinstatements. Ensures proper documentation and approval of reinstatement requests.
• Ensures Pos Dated Checks are within the approved credit terms. PDCs with due dates beyond the credit term should be ...