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Accounts Payables
2 weeks ago
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)
