Finance & Accounting

2 days ago

Nagpur, Maharashtra, India Tata Consultancy Services (TCS) Full time

Skill : Accounts Receivable

Location : Pune / Nagpur

Exp : 1 to 6 years

Job Description:


• Bachelor degree in accounting, finance, or a business-related field
• 1-6 years of relevant accounting experience in the insurance brokerage industry or P&C insurance is preferred
• Working knowledge of various insurance agency management systems (AMS) such as Benefit Point Applied EPIC is preferred
• Proficient with MS Office Suite
• Ability to maintain a high level of confidentiality.
• Strong analytical and organizational skills with attention to detail
• Ability to execute transactions as per prescribed guidelines and timelines in order to meet the SLA and quality standards
• Willingness to work in US shift hours (CST hours).

Generate agency and direct-bill invoices for new policies, endorsements, renewals, and cancellations
• Preparing invoices for clients based on the services availed, identifying and resolving the billing error, issuance of credit notes with proper authorization, resolving customer disputes on billing, ensuring all income is accrued and accounted, sending the invoices to the customer
• Accurate and timely receipt, posting, and reconciliation of direct bill commissions from insurance companies on a daily, weekly, and monthly basis, Process corrections and changes to broker commission rates as necessary. investigate and resolve issues not limited to commission discrepancies, and follow up on outstanding items
• Coordinate with servicing and producers for missing or incorrect billing data.
• Investigate and resolve billing discrepancies with clients or carriers
• Maintain accurate documentation and compliance with regulatory and internal standards..

Location

Nagpur

Job Function

BUSINESS PROCESS SERVICES

Role

Executive

Job Id

377341

Desired Skills

Finance and Accounting

Desired Candidate Profile

Qualifications : BACHELOR OF ARTS, BACHELOR OF BUSINESS ADMINISTRATION, BACHELOR OF BUSINESS MANAGEMENT, BACHELOR OF BUSINESS STUDIES, BACHELOR OF COMMERCE

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