Accounts Payables - Premium payable

Gratitude Inc

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2 days ago

Accounts Payables - Premium payable

4-6 Year(s)

Nagpur, Pune

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Job Description

Key Skills

Microsoft Excel Time Management Analytical Skills Communication Skills Accounts Payable

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Accounts Payables – Premium Payable

Role: Accounts Payables – Premium Payable
Location: Nagpur ) | Pune
Experience: 4–6 Years
Shift: 24x7 (US Shift – CST Hours)

Educational Qualification

Bachelor's degree in Commerce, Finance, Accounting, Business Administration, or a related discipline.
Relevant certification in Finance or Insurance is an added advantage.

Experience

4–6 years of experience in Accounts Payable, Insurance Accounting, or Premium Payable operations.
Minimum 2 years of experience in processing insurance payments or commissions to producers, brokers, or sales representatives.
Experience in the Insurance Brokerage or Property & Casualty (P&C) Insurance domain is preferred.

Key Responsibilities

Process premium payable transactions accurately and within defined timelines.
Process commission and bonus payments to producers, brokers, and sales teams.
Verify payment requests and ensure compliance with established policies and procedures.
Maintain accurate financial records and reconcile premium payable transactions.
Work with internal and external stakeholders to resolve payment-related queries.
Utilize Agency Management Systems (AMS) such as Applied Epic, BenefitPoint, or similar platforms for payment processing.
Ensure compliance with client guidelines, quality standards, and SLA requirements.
Generate reports related to premium payments, commissions, and reconciliations.
Identify opportunities for process improvements and operational efficiency.
Maintain confidentiality of financial and customer information.

Required Skills

Strong knowledge of Accounts Payable and Premium Payable processes.
Experience in Insurance Accounting and commission payment processing.
Good understanding of insurance products, sales processes, commission structures, and broker payment processes.
Working knowledge of Agency Management Systems (Applied Epic, BenefitPoint, AMS360, or similar).
Strong proficiency in Microsoft Office Suite, especially Microsoft Excel and Outlook.
Excellent analytical, organizational, and problem-solving skills.
High attention to detail and accuracy.
Strong verbal and written communication skills.
Ability to manage multiple priorities and meet strict deadlines.
Ability to maintain confidentiality and handle sensitive financial information.
Willingness to work in US Shift (CST Hours).

Preferred Skills

Experience in Property & Casualty (P&C) Insurance operations.
Exposure to Insurance Brokerage processes.
Experience working in a Shared Services or BPO environment.
Knowledge of process improvement and operational excellence practices.

Work Requirements

Must be willing to work in a 24x7 rotational environment, including US Shift (CST Hours).
Work from Office.

Important Notes

Ex-TCS employees are not eligible to apply.
PAN Card and Date of Birth (DOB) are mandatory for profile creation.

Mandatory Questionnaire

Please complete the questionnaire before applying.

Questionnaire Link:
[https://myglit.com/lateral/cref/783d0a828b]

Role

Process Associate

Timings

US-Type Shift (Permanent)

Industry

BPO

Work Mode

Work from office

Process

Non-Voice

Functional Area

ITES / BPO / Customer Service

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