Manage day-to-day accounting of insurer payouts ,brokerage/ Reward/commission income and reconciliation of commission payable vis-a-vis brokerage income generated. Experience of EXCEL and formulas.
Reconcile insurer statements (premium remitted vs. brokerage due) and resolve discrepancies with insurers and internal teams
Maintaining Insurance company relations and portals.
Recovering brokerage and Rewards statement for the cases unbilled.
Oversee client ledger accounts — track premium receivables, follow up on outstanding dues, and coordinate with sales/relationship teams for collections
Ensure timely and accurate GST invoicing on brokerage income and compliance with GST regulations applicable to insurance intermediaries
Prepare MIS reports — brokerage income by insurer/line of business, aging reports,



receivables/payables summary
Coordinate statutory and internal audits; ensure books are audit-ready
Ensure compliance with IRDAI broker accounting norms (e.g., maintenance of insurer/client money in designated accounts, timely remittance of premiums)
Handle TDS, GST returns, and other regulatory filings related to broking income
Supervise a small accounts team; review journal entries, bank reconciliations, and month-end closing
Liaise with insurers’ finance teams for reconciliation of bulk motor policy accounts (fleet/corporate business)

Pay: ₹30,000.00 - ₹70,000.00 per month

Work Location: In person

📌 Accounts Manager Andheri West
🏢 SKD Insurance Broking & Services
📍 Andheri West