Job Title: Accounts Executive - Commission & Reconciliation
Company: Unione Insurance Brokers Pvt. Ltd.
Department: Finance & Accounts
Location: Jaipur
Reporting To: Finance Manager / Accounts Head

About the Company

Unione Insurance Brokers Pvt. Ltd. is an IRDAI-licensed insurance broking company engaged in providing comprehensive insurance advisory and risk management solutions across Life, General, and Health insurance segments. The organization works closely with multiple insurers and distribution partners to deliver tailored insurance solutions to clients.

Position Overview

The Accounts Executive - Commission & Reconciliation will be primarily responsible for managing insurer commission receivables, processing commission payouts to channel partners, and handling detailed reconciliations of premium, commission, and brokerage accounts. The role requires solid analytical skills, accuracy, and a thorough understanding of accounting principles applicable to insurance broking operations.

Key Responsibilities

1. Commission Accounting & Payouts




- Calculation and verification of brokerage/commission receivable from insurance companies.
- Preparation and processing of commission payouts to agents, POSP, and channel partners.
- Ensuring timely and accurate disbursement as per agreed payout structures.
- Maintaining detailed commission statements and supporting documentation.

2. Reconciliation Activities
- Insurer-wise premium and commission reconciliation.
- Bank reconciliation on a periodic basis.
- Ledger reconciliation of receivables and payables.
- Reconciliation of policy issuance data with insurer statements.
- Identification and resolution of mismatches in premium/commission data.

3. Accounts & Compliance
- Accounting entries related to premium collection, commission receivable, and payouts.
- Maintaining proper documentation for audit and compliance purposes.
- Supporting statutory audits, internal audits, and regulatory reporting requirements.
- Ensuring

📌 Accounts Executive (Jaipur)
🏢 Unione Insurance Brokers
📍 Jaipur