Tcs Nagpur Hiring For Accounts Payable Skill

TCS Nagpur Hiring for Accounts Payable Skill

Role:

Experience:

Job Location:

JD:

bose.debapriya1@tcs.com

#AP_NAGPUR

Mandatory Requirements (How to generate your EPCN)

EPCN number is mandatory for eligibility of the interview

Step 1: Visit https://ibegin.tcs.com/iBegin/

Step 2: Click to login

Step 3: Click New user (Register with us)

Step 4: Select "BPO" in areas of interest and complete the registration. (Fill the details)

Step 5: Once completed, your TCS no. would be generated which starts from EP2025XXXX.

Step 6: You will receive the EP number on your personal e-mail ID.

Eligibility:

• Bachelor degree in accounting, finance, or a business-related field
• 1-5 years of relevant accounting experience in the insurance brokerage industry or P&C insurance, insurance accounting experience in processing payments or commissions to sales individuals
• Working knowledge of various insurance agency management systems (AMS) such as Benefit Point Applied EPIC is preferred
• Proficient with MS Office Suite
• Ability to maintain a high level of confidentiality.
• Strong analytical and organizational skills with attention to detail
• Ability to execute transactions as per prescribed guidelines and timelines in order to meet the SLA and quality standards
• Willingness to work in US shift hours (CST hours)
• Excellent knowledge of insurance products, sales processes, and commission structures as well as knowledge of producer and broker payment processes, including commissions and bonus calculations.

Responsibilities :

• Reconciliation of commission receivables from Insurance company, follow up with Insurance company to ensure the collection of commission due
• Accurate and timely receipt, posting, and reconciliation of direct bill commissions from insurance companies on a daily, weekly, and monthly basis
• Process corrections and changes to broker commission rates as necessary.
• Track direct bill commission information not limited to carrier name, date check received, commission amount, and date processed and completed. Ensure all changes are noted.
• Ensure all correspondence and requests are documented and attached to the appropriate file in the appropriate systems
• Payable accounts experience, running pay cycle as per pay terms, vendor statement reconciliation, processing refunds, handling foreign currency payment, ensure payment is as per invoices
• Strong understanding of producer and broker payable operations, ensuring accurate and timely completion of commission and bonus payments. Demonstrates ability to provide guidance or training to another employee.
• Tracking Insurance premium payable, reconciliation of premium, payment of insurance premium to Insurance company. Having exposure to EPIC application,
• Monitor, review and approve producer and broker payable transactions, including commissions, bonuses, and other related payments.
• Collaborate with internal departments, such as accounting, sales, and human resources, to gather necessary information and resolve any payment-related issues.
• Completes a higher volume of tasks and demonstrates ability to navigate complex processes.

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