JOB Overview:

The Claims Payment Processor main duties are to report the processed claims to the payer, prepare EFTs (Electronic fund transfer) for claims, updates the accounting and other financial software, and send statement of accounts to our clients. This role has the overall responsibility of coordinating activities in an effective and efficient manner in carrying out the responsibilities of the Accounting Department.

What you Do:

Send the processed claims reports to the payers within the TAT.
Prepare the payments for the providers within the TAT.
Ensures the financial transactions are booked in a timely manner and are compliant with proper supporting backup.
Ensure control procedures are followed.
Ensures all accounting deadlines are met.
Provides professional correspondence internally and externally, i.e. members of insurance companies and their client-related claims.
Resolves accounting discrepancies.
Monitors transactions to determine accuracy, completeness and conformance to established policies and internal procedures.
Keep track of records and files and provide correct information of record details when required.
Maintains various account reconciliations and post necessary monthly journal entries.
AI READINESS Work effectively in an environment shaped by artificial intelligence (AI), machine learning, data, analytics and cloud-based tools, using insights responsibly with our standards of data governance, security and ethical use.

At Allianz Partners, Artificial Intelligence (AI) is transforming service delivery and innovation. By leveraging Business Intelligence and Data Analytics, we enhance strategic decision-making and customer experiences. Our commitment to Ethical AI ensures responsible deployment, maintaining data integrity and trust. Conversational AI improves communication, while Emerging Technologies and Generative AI drive industry leadership and new opportunities. With robust Information Security Management, we protect sensitive information, ensuring compliance and security. Embrace the future of AI with Allianz Partners, where possibilities become realities.

What you Bring:

Bachelor’s Degree; Finance / Account or equivalent background preferred.
2+ years relevant experience; Experience in a TPA , BPO, Hospitals or Medical Centers is an added advantage.
Experience with accounting Software is preferred.
Physically fit to carry out duties.
Legally permitted to work in the country of operations.
Fluency in MS Office (Excel, Word, Outlook, PowerPoint) and general internet navigation and research skills.

How we hire

Agency Statement Allianz Partners does not accept unsolicited CV’s or approaches from agencies. We only work with partners on our approved supplier list, under contract. Any unsolicited submission will not be considered.

What we offer

Allianz Partners is a world leader in B2B2C insurance and assistance, offering global solutions that span international health and life, travel insurance, automotive and assistance. Customer driven, our innovative experts are redefining insurance services by delivering future-ready, high-tech high-touch products and solutions that go beyond traditional insurance. Our products are embedded seamlessly into our partners’ businesses or sold directly to customers and are available through four commercial brands: Allianz Assistance, Allianz Automotive, Allianz Travel and Allianz Care.

1 Job for Journal Entries in Bahrain

Claims Payment Processor