15 Sep
|
Eleven
|
Bengaluru
Key Responsibilities
Claims Management & Reserve Analysis
· Analyse claim files to ensure proper handling, documentation and coordination with adjusters, TPAs, brokers, and internal stakeholders.
· Maintain accurate claim documentation and audit-ready records to support effective claims management and compliance.
· Classification of claims into Primary and Contingent for accurate reserve analysis.
Insurance Invoices
· Review TPA invoices related to claim payments daily to ensure transactions are accurately reclassified and recorded in the appropriate books of accounts.
· Actively support franchisees by addressing and resolving insurance premium-related inquiries in a timely manner.
· Obtain necessary approvals and coordinate the timely processing of check payments to ensure compliance with payment requirements.
· Perform insurance-related accounting activities during the month-end close process and reconcile journal entries across all insurance categories to ensure accuracy, and compliance with accounting requirements.
Process Improvement & Stakeholder Collaboration
- Identify opportunities to improve claim management processes, reporting accuracy, and operational efficiency.
- Partner with brokers, TPAs, insurers, and internal teams to resolve claim issues and improve service levels.
- Participate in transformation initiatives, automation projects, and continuous improvement efforts.
Qualifications
Education
- Bachelor’s degree in commerce, Finance, Accounting, Business Administration, Risk Management, Insurance, Analytics or related field.
Experience
- 1-2 years of experience in Corporate Insurance, Risk Management, Insurance Claims, Workers' Compensation, General Liability, or related insurance operations.
- Experience supporting U.S. insurance programs, working with TPAs, insurance carriers, brokers and retail store operations preferred.
📌 Finance Associate I (Bengaluru)
🏢 Eleven
📍 Bengaluru