Insurance Accountant

5 days ago

Bhopal, Madhya Pradesh, India Yashaswi Group Full time ₹ 1,80,000 - ₹ 3,60,000 per year

Urgently hiring for one of the Glass manufacturing Industry-

Job Profile-Insurance Accounting

Job Location-Bhopal

Gender-Only Male

Qualification-Must be graduate

Experience-3 to 4 yrs

Salary per month

Job Type-Permanent

Responsibilities of an Insurance Accountant-

These accountants are essential for the financial health of an insurance agency or brokerage. Their expertise helps cover essential accounting operations, allowing you to focus on client relationships and sales.

  • Compliance Management - Their expertise ensures that the insurance agency adheres to regulatory standards and accounting principles. Adherence to this compliance is crucial for your company's integrity and legal standing. Hiring accountants specialized in insurance helps agencies navigate complex regulations confidently, minimizing the risk of non-compliance

  • Records Maintenance - Proper record-keeping is essential for maintaining a clear view of a business's operations and financial health. Insurance accountants not only ensure comprehensive records but also manage the documentation of claims received from carriers to independent agents and brokers. This method leads to better decisions and offers insights for increased efficiency and profit.

  • Fraud Detection and Prevention - These types of accountants are essential for spotting and stopping fraudulent transactions. They conduct bank reconciliations and audits to ensure the absence of unethical activities and verify books of accounts to detect discrepancies or missed entries.

  • Commission Processing - They ensure agents' commissions are calculated correctly based on their sales. They monitor commission structures to confirm all rates and bonuses are applied. They also verify that sales reports align with commission payments to maintain accuracy. Timely payments keep agents motivated and build trust in the agency.

  • Payroll Management - Accountants manage payroll for all staff within the agency or brokerage. They ensure salaries, bonuses, and benefits are calculated accurately and paid promptly. They also track employee hours and overtime to ensure compliance with labor laws. This efficient handling keeps business owners and employees satisfied and focused on serving clients effectively.

  • Risk Assessment and Cash Flow Management - Accountants analyze data to identify potential risks associated with a company's operations, including exposure related to professional liability insurance. They keep a close eye on the company's accounting to make sure it can meet its obligations.

Job Types: Full-time, Permanent

Pay: ₹15, ₹22,000.00 per month

Work Location: In person

  • Accounts executive

    2 weeks ago

    Bhopal, Madhya Pradesh, India Jigyasa Livelihood Promotions Micro Finance Foundation Full time ₹ 2,50,000 - ₹ 5,00,000 per year

    Maintain daily MIS & Accounting records. Record sales and collections on due dates, including overdue accounts, maintain accurate records,reconcile bank statements,Prepare accounting reports.Maintain proper filing of all account related documents.Employee state insuranceHealth insuranceAnnual bonusRetention bonus

  • Relationship Manager

    1 week ago

    Bhopal, Madhya Pradesh, India Kotak Life Insurance Full time ₹ 6,00,000 - ₹ 12,00,000 per year

    Positon - Relationship Manager-Portfolio-Agri Business Group (ABG)-Marketing Branches OperationsOpportunity to work with Best Bank of Country Kotak Mahindra BankDepartment - Agri Business Group (Agri SME Working Capital Loans)Reporting to Area Sales Manager (ASM)Location Candidate should be self-motivated & strong relationship management skills. Requires...

  • DM Sales

    2 weeks ago

    Bhopal, Madhya Pradesh, India Kotak Life Insurance Full time ₹ 6,00,000 - ₹ 12,00,000 per year

    DM Sales - Premier Relationship Manager - L3 - Bhopal 1 (Ranjeet Towers)Role Premier Relationship Manager DM Sales (L3) Education and Experience - Graduation mandatory; 2-6yrs. in Life Insurance sector will be preferred. Job Role - To achieve sales targets by making effective sales presentations in a venue setting; to maintain high standards of service...

  • Accountant

    3 days ago

    Bhopal, Madhya Pradesh, India Lincpay Solutions pvt ltd Full time ₹ 3,00,000 - ₹ 38,00,000 per year

    Job description:Maintain day-to-day accounting operations, including ledger entries, bank reconciliations, and journal entriesPrepare and file statutory returns such as GST, TDS, and other applicable taxes.Handle accounts payable and receivable functions efficientlyPrepare accurate and timely financial statements and reports including Profit & Loss Account,...

  • Accounts Associate

    1 week ago

    Bhopal, Madhya Pradesh, India Lincpay Solutions pvt ltd Full time ₹ 3,00,000 - ₹ 6,00,000 per year

    Job Description:We are looking for an enthusiastic Accounts Associate with strong working knowledge of Tally to join our team. This role is ideal for candidates with basic accounting knowledge who are eager to learn and grow in a professional environment. Freshers are welcome to apply.Key Responsibilities:Handle day-to-day accounting entries and record...

  • Tally Accountant

    1 week ago

    Bhopal, Madhya Pradesh, India Atinjal Incorporation Full time ₹ 9,00,000 - ₹ 12,00,000 per year

    Responsibilities:* Prepare financial reports using Tally software* Maintain accurate accounting records* Manage tax compliance with GST filings & ITRs* Process e-way bills & e-invoicesFlexi workingAnnual bonusHealth insurance

  • Accounts Executive

    2 weeks ago

    Bhopal, Madhya Pradesh, India Aquaclean Services (P) Limited Full time ₹ 2,40,000 - ₹ 3,36,000 per year

    Job Title: Accounts ExecutiveLocations: E-7, Arera Colony, BhopalReports To: Account ManagerJob Type: Full-TimeAbout Us: We are a thriving company with expertise in operating Industrial Canteens and maintenance of Industrial Facilities in various locations in Madhya Pradesh. Our clientele includes many Fortune 500 companies with Industrial Plants in...

  • Senior Accountant

    3 days ago

    Bhopal, Madhya Pradesh, India Rean Watertech Private Limited Full time ₹ 1,50,000 - ₹ 3,00,000 per year

    Rean WaterTech (P) Ltd., one of the fastest-growing water companies in India, headquartered in Kolkata and has offices across India and beyond. The Company focuses on drinking water projects. Rean offers accelerated professional growth to its team members.Rean is expanding its team and inviting passionate & growth-orientated professionals for the position of...

  • Personal Accountant

    1 week ago

    Bhopal, Madhya Pradesh, India Peoples University Full time ₹ 5,00,000 - ₹ 15,00,000 per year

    Job Description Personal Accountant to Directors**Position Title**: Personal Accountant**Location**: Bhopal**Employment Type**: Full-timeRole OverviewThe Personal Accountant will be directly responsible for managing and overseeing the personal and family financial matters of the Directors. This includes personal investments, assets, taxation, expenditure...

  • Area Credit Manager

    2 weeks ago

    Bhopal, Madhya Pradesh, India Kotak Life Insurance Full time ₹ 2,50,000 - ₹ 7,50,000 per year

    About The Role Location Legal Manager Department TFE Location Pune Number of Positions 1 Reporting Relationships Legal Manager Position Grade Deputy Manager- Resolution ( Unsecured & Secured)- Chalking out the various possible Legal strategies of recoveries of NPA accounts for the region- Proficiency in DRT / Civil / Arbitration Process / Criminal and...