Chief Insurance Manager

4 days ago

Thoothukudi, Tamil Nadu, India beBeeInsurance Full time ₹ 8,00,000 - ₹ 10,00,000
Job Role: Insurance Coordinator

This position plays a pivotal role in managing all insurance-related activities and ensuring compliance with tax laws.

Key Responsibilities:
  1. Insurance Policy Management
    • Coordinate and manage all insurance-related activities including policy procurement, renewals, endorsements, and claim settlements.
    • Maintain and update the insurance register for all policies across the organization.
    • Follow up with insurance companies and internal departments for timely issuance of policies and claim documentation.
    • Ensure accurate accounting entries for insurance premiums, claims received, and related provisions.
  2. Tax Deduction Compliance
    • Timely deduction and deposit of Tax Deducted at Source (TDS) as per applicable laws.
    • Preparation and filing of TDS returns within statutory deadlines.
    • Maintain proper records of challans, certificates, and reconciliations with Form 26AS.
    • Address vendor queries and ensure PAN compliance to avoid short deduction or disallowance.
  3. Financial Data Processing
    • Record and process day-to-day financial transactions including invoices, payments, journal entries, and petty cash.
    • Assist in preparation of monthly reconciliation statements for banks, vendors, and ledgers.
    • Support month-end closing activities including accruals and provision entries.
    • Ensure timely and accurate documentation of all financial records for audit purposes.
Requirements:
  • Bachelor's degree in Commerce / Finance / Accounting or related field.
  • 2–4 years of relevant experience in insurance coordination, taxation, and accounting.
  • Familiarity with statutory compliance and audit requirements.
  • Sound knowledge of insurance policies, terms, and claim procedures.
  • Working knowledge of TDS provisions under the Income Tax Act and e-filing procedures.
  • Proficiency in accounting software and MS Excel.
  • Strong organizational and communication skills.
  • Ability to work under deadlines and maintain confidentiality.

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