Accounts Payables - Premium payables.

Job description

**Role and Skill:** Accounts Payables - Premium payables. **Experience:** 4 years to 6 years **Job Location:** Pune **Shift:** 24x7 **Job Qualification:-** B.com, M.com, MBA or equivalent **Responsibilities :-** - 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. - 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. - 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. - Track direct bill commission information not limited to carrier name, date check received, commission amount, and date processed and completed. Ensure all changes are noted. - Frequently coordinate and correspond with other internal departments. - investigate and resolve issues not limited to commission discrepancies, and follow up on outstanding items - Ensure all correspondence and requests are documented and attached to the appropriate file in the appropriate systems **Skills & Experience :-** - Bachelor of Science 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).