Analyst - Accounts Payables(Premium Payable)

5 days ago

Nagpur, Maharashtra, India Enrich And Enlight Business Consulting Full time ₹ 1,20,000 - ₹ 1,80,000 per year

Role: (work from office)

Experience Required: 2 to 5Years

Shift : night shift

Location : Nagpur

Role & 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.

  • skills required :

  • 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

Regards

ishwarya- HR consultant

email_

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