Role & responsibilities

- Perform Direct Bill, Agency Bill, and Carrier Statement Reconciliations.

- Manage Premium Trust Account Reconciliations in compliance with US regulations.

- Process and reconcile Producer Commissions and Compensation.

- Review premium transactions and resolve accounting discrepancies.

- Monitor outstanding balances and investigate variances.

- Prepare accounting reports and reconciliation summaries.

- Ensure compliance with US insurance accounting standards and procedures.

- Coordinate with carriers, brokers, producers, and internal teams.

- Maintain accurate financial records and documentation.

Preferred candidate profile

- Experience with US Retail Insurance Agencies, Brokerages, or Insurance BPOs.

- Robust knowledge of Direct Bill, Agency Bill, Carrier Statement, Commission, Producer Compensation, and Premium Trust Account Reconciliations.

- Understanding of US insurance accounting and fiduciary regulations.

- Experience handling insurance premium transactions.

- Strong analytical and reconciliation skills.

📌 Insurance Accounting Specialist - US Retail Insurance (Navi Mumbai)
🏢 SAGCLAY
📍 Navi Mumbai