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]