KEY ACCOUNTABILITIES:
Policyholder Claims Payments & Accounting:
- Payment and accounting of policyholder claims on timely basis and reconciliation thereof
- Reconciliation and confirmation with respective team for IRDA reporting
- Proper accounting of claims at product level to ensure proper reserve accounting
Channel Payments & Accounting
- Ensuring timely payment of channel payments basis proper supporting documents from audit view
- Review and reconciliation of channel wise payments and analysis thereof in various heads
- Ensuring smooth audit of all payments
- Trend analysis and comparison with plan
Petty Cash Payments
- Ensuring timely payment of channel payments basis proper supporting documents from audit view
- Review and reconciliation of channel wise payments and analysis thereof in various heads
Employee Benefit Accounting
- Ensuring smooth audit of all payments
- Trend analysis and comparison with plan
- Proper accounting of the employee payments
- Review of the processed claims as per the provisions of staff handbook
- Monitoring of exception claims and hold claims
- Salary JV Accounting & variance Analysis
Audit Closure & Process improvement
- Timely closure of the above activities with minimum supervision
- Ensuring no audit issues and full accuracy in LMACC reporting
Communication and management
- Good knowledge of excel, word and power-point
- Good control on numbers and reporting
- Effective communication with various teams in finance and within company to resolve issues on timely basis
- Good communication and interpersonal skills
KNOWLEDGE AND EXPERIENCE:
- CA/CA inter with 5-7 years of experience in similar profile in insurance sector
- Team handling experience preferred
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