Accounts Payables

2 weeks ago

Nagpur, India Integrated Personnel Services Full time

Location:- Nagpur

Job Description:-

Responsibilities:

  • Payable accounts experience, running pay cycle as per pay terms, vendor statement

reconciliation, processing refunds, handling foreign currency payment, ensure payment is

as per invoices

  • Strong understanding of producer and broker payable operations, ensuring accurate and

timely completion of commission and bonus payments. Demonstrates ability to provide

guidance or training to another employee.

  • Tracking Insurance premium payable, reconciliation of premium, payment of insurance

premium to Insurance company. Having exposure to EPIC application,

  • Monitor, review and approve producer and broker payable transactions, including

commissions, bonuses, and other related payments.

  • Collaborate with internal departments, such as accounting, sales, and human resources,

to gather necessary information and resolve any payment-related issues.

  • Completes a higher volume of tasks and demonstrates ability to navigate complex

processes.

Technical Skills

  • Bachelor's degree in accounting, finance, or a related field (preferred)
  • 2 years of insurance accounting experience in processing payments or commissions to

sales individuals

  • Excellent knowledge of insurance products, sales processes, and commission structures

as well as knowledge of producer and broker payment processes, including commissions

and bonus calculations.

  • Working knowledge of various insurance agency management systems (AMS) such as

Benefit Point Applied EPIC is preferred

  • Willingness to work in US shift hours (CST hours)

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