Overview
Recovery Supervisor Jobs in Al Khobar, Eastern, Saudi Arabia at Al Etihad Cooperative Insurance Co
Title: Recovery Supervisor
Company: Al Etihad Cooperative Insurance Co
Location: Al Khobar, Eastern, Saudi Arabia
Who Are we?
Al Etihad Cooperative Insurance Company is a public joint-stock company established in the Kingdom of Saudi Arabia under a decision from the Council of Ministers and a royal decree as a cooperative insurance company. The company’s paid-up capital is 500 million Saudi Riyals. The company is an extension of United Insurance Company, which was founded in the Kingdom of Bahrain in 1983 as a foreign company to conduct insurance operations in Saudi Arabia. In 2008, the company was listed for public subscription and was registered in the Saudi Stock Exchange (Tadawul) under the symbol 8170.
The company is subject to the supervision and regulation of the Saudi Insurance Authority and is licensed to operate in all types of insurance, including general insurance, medical insurance, motor insurance, and protection & savings insurance.
The company’s experience and commitment to serving its customers have made United one of the pioneers in the insurance industry in the Kingdom. The company also has a wide network of offices and regional outlets to ensure proximity to its customers across the Kingdom. Additionally, the company has a dedicated team that strives to deliver the highest level of service to its clients.
Key Responsibilities:
- Supervise and coordinate Collection Specialists across the company
- Develop and implement effective collection strategies and recovery plans
- Monitor outstanding receivables and ensure timely collections
- Manage escalation procedures for overdue accounts
- Maintain strong relationships with key clients while ensuring compliance with payment terms
- Coordinate with Finance and Receivables teams to ensure accurate reconciliation of payments
- Monitor recovery and reimbursement transactions with insurance companies
- Prepare collection performance reports, aging analyses, and management reports
- Ensure compliance with company policies and collection procedures
Qualifications and Requirements:
- Bachelor’s degree in Finance, Accounting, or related field
- 3–5 years’ experience in recovery/collections (insurance preferred)
- Supervisory experience
- Strong communication and analytical skills
