Job Description :
Position Title, Responsibility Level : Manager / Senior Manager - Billing and Collections
Function: OTC
Reports to : AVP / Sr. AVP
Permanent/ Temporary : Permanent
Span of Control : IC or 0-8 Analysts / Sr. Analysts
Location : Noida
Basic Function To lead collection delivery team & execute as per SLAs. Review AR reports periodically & ensures month end/quarter end timelines & targets are met. Monitor & improve delivery per operational metrics. Manage client communication proactively
Essential Functions
Operations & Process:
- To ensure complete operations management for end to end order to cash processes, including collections, dispute handling & billing / invoicing
- Is required to possess deep knowledge of the all the activities, work flow, expectations of all end clients
- To ensure timely and accurate delivery of daily, monthly and periodic processing of client requirements
- Should establish systems and processes to ensure highest quality levels of performance is achieved on a day-to day basis.
- To handle any escalation w.r.t. any operational issue.
- To ensure proper documentation of workflow of all activities related to all the clients.
Client Management:
- To interact with a client on a day-to day basis responding to their requirements at a short notice by re-aligning priorities.
- Should be able to understand & anticipate Clients business needs, concerns & issues, and be able to proactively resolve the same.
- Constantly look for opportunities to improve the client processing and provide value addition to client by exceeding expectations.
People Management:
- Managing a team of 0-8 Analyst/Senior Analyst
- To coach team members. Identifies development areas and helps the individuals and the team to improve their performance and enhance their potential
- Assigning daily tasks and responsibilities and setting up half-yearly and annual goals for the team.
- To create an internal environment where client is the focus of the business through appropriate communication, recognition and rewards.
- Encourages & demonstrates respect for others in a team and inculcate the same culture across the team members
Compliance and Policies:
- To keep oneself abreast of all the updates applicable to policies/regulations/compliances applicable to the function/organizational and Client.
- To create systems and checks for internal compliance policies and guidelines and ensures maintenance of clear and precise records per the requirements.
- Review compliance adherence on a regular basis.
- Any other essential function that may occur from time to time as directed by the manager
Primary Interactions @ EXL
- Assistant Manager/LAM for the purpose of reporting performance, escalation handling, clarifying concerns, and seeking feedback and support
- Team members for the purpose of settling issues/challenges and monthly evaluation of performance
- Peers(team members) for the purpose of seeking co-operation & clarification on process- related matters & providing assistance and support when required
Primary Interactions @ Client :
- Process Owners for process updates, performance review, feedback on the team & process
Skills :
Should have hands-on experience of any order to cash process, preferably Insurance domain
1. Technical Skills :
- Should have flair knowledge of transformation and continuous improvement
- Advance knowledge of MS Office (Word, Excel, and PowerPoint).
- Should be able to initiate process improvement ideas
2. Process Specific Skills :
a) Senior Manager:
- A person should have 5+ year's experience to lead the Insurance OTC Team
- Profound knowledge of complete OTC process especially in insurance Operations
b) Manager:
- Person should have 3+ year's experience to lead the Insurance OTC Team, preferably in European Insurance
- Profound knowledge of complete OTC process, especially in Insurance Billing & collections process, Provisioning & Journal entries
- Experience on OTC SAP module or similar platforms
- Master in MS excel includes macros
- Manage Client communication effectively
3. Soft skills (Desired) :
- Strong people management and leadership skills.
- Capability to conduct an appraisal discussion and assess different levels of performance and potential.
- Capability to communicate with large teams.
- Process Excellence Methodology.
- Appreciation of the domain needs of the process and its key drivers.
- The reasonable level of business perspective regarding the internal functioning of BPO/EXL.
- Good networking capability and Client facing skills
- Goal oriented
4. Soft Skills (Minimum) :
- Excellent written and verbal communication skills
- Listening and comprehension skills
- Questioning and Reasoning Skills
- Customer Service focus and telephone etiquette
- Ability to multi task, prioritize and manage daily work activities
Education Requirements :
- Minimum 12 years of education with the accounting background
- Commerce Graduate with 5+ years of experience (Industry+ BPO)
Senior Manager:
- Person should have 5+ years experience to lead the Insurance OTC Team
- Profound knowledge of complete OTC process specially in insurance Operations
Manager:
- Person should have 3+ years experience to lead the Insurance OTC Team, preferably in European Insurance
- Profound knowledge of complete OTC process, especially in Insurance Billing & collections process, Provisioning & Journal entries
- Experience on OTC SAP module or similar platforms
- Master in MS excel includes macros
- Manage Client communication effectively
- Must have worked on any of the ERP AR modules
- Must have at least 5+ years of experience in client management experience
- Must have experience of setting up a new process
Others:
- This job may involve some international travel for client meeting and due-diligence,
- Knowledge transfer and migration of new processes.
- Hence, the candidate must possess a valid passport.
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