AP_Claims and Premium

Accounts Payable – Job Description

Location: Noida
Shift: APAC
Experience: 5+ Years

Role Overview

We are looking for an experienced Accounts Payable (AP) professional with 5+ years of experience in managing end-to-end AP operations. The ideal candidate should have hands-on exposure to AP claims processing, premium refunds, invoice processing, vendor reconciliation, and payment activities . Experience in the insurance or financial services domain will be an added advantage.

Key Responsibilities

• Manage end-to-end Accounts Payable operations , including invoice receipt, validation, coding, processing, and payment coordination.
• Review invoices and supporting documents to ensure accuracy, completeness, and compliance with company policies.
• Process AP claims and investigate discrepancies related to invoices, payments, deductions, and vendor accounts.
• Handle premium refund processing , ensuring accurate validation, approval, and timely execution of refunds.
• Perform vendor account reconciliation and resolve outstanding or disputed transactions.
• Monitor AP aging and follow up on pending invoices, claims, and payment exceptions.
• Coordinate with internal teams, vendors, and business stakeholders to resolve payment and invoice-related queries.
• Ensure all transactions are processed within defined SLA/TAT and quality standards .
• Support month-end and year-end closing activities, including reconciliations and outstanding item reviews.
• Maintain accurate AP records and documentation for audit and compliance requirements.
• Identify process gaps and support continuous improvement and automation initiatives.
• Prepare and maintain AP-related MIS and operational reports as required.

Required Skills & Qualifications

• 5+ years of experience in Accounts Payable or related finance operations.
• Hands-on experience in AP claims processing and premium refunds is mandatory.
• Strong understanding of invoice processing, payment processing, reconciliations, and vendor management.
• Good knowledge of SLA management, quality controls, and AP reporting .
• Strong analytical and problem-solving skills with attention to detail.
• Good written and verbal communication skills.
• Proficiency in MS Excel and experience with ERP/accounting systems.
• Ability to work independently and effectively in a APAC shift environment .