Manager - Bank Reconciliation

- Daily bank reconciliation of receipting to deposit and publish discrepancy escalation report to the higher management level and get it resolved from Branches or Bank.

- Daily reconciliation of Payments as well as Collections recon.

- Reconciliation of premium collection through CMS deposition at all pan India branches, direct deposition in Banks and send to the operation team for issuance in system

- Daily follow-up with branches for non-deposited cases and follow-up with banks for clearance status of pending cash/cheques.

- Daily receipting of policy premium paid by client at all channel partners branches, over counter, vendor's outlets, Online Payments (PayU, Paytm, Bill desk, Policy Bazar, Razor Pay, Jio Money, UPI, Ingenico).

- Liaising With Bank & vendor

- Monthly expense accrual activity.

- Daily highlighting open credit and open receipts MIS to branches and managers.

- Analysing Bank charges while uploading bank statement

- Preparation of MIS pack

- Audit related queries.