Assistant Manager -PSU Coinsurance Reconciliation

Job Description

Job Profile: PSU coinsurance reconciliation Preparation and exchange of leader statement with coinsurer. Reconciliation of balances in statement and arrange for Premium & Claim documents. Sharing of details and documents with internal marketing/ops/claim and u/w team for booking of premium and claims. Follow-up for balance confirmation and remittance of receivable/payable balances with coinsurer. Analysis of earlier outstanding items to be incorporated into the settlement statement for final confirmation by the coinsurer. Resolve queries raised by our marketing/ops/claims and u/w team. Passing of accounting entries and allocations with subsequent booking of premium/claims/commission. Reconciliation and Updation of payment details in ETASS. Confirmation of 64VB to HO and BAGIC Marketing Team. Review of monthly ageing for all coinsurance balances outstanding and minimize ageing for reduction of solvency disallowance. Clearance of outstanding balances -Reduction in old & current accumulation of balances. Preparation of MIS with ageing with reasons for discussion with seniors. Preparation of various necessary data for Audit purpose as and when required. Show more Show less