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Rationalz S&S (India) LLP

Insurance Broker Associate

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  • Posted 6 months ago
  • Over 50 applicants
1-2 Years

Insurance,

ITES/BPO/Call Center,

Recruitment/Staffing/RPO

Job Description

Responsibilities:
  • Conduct insurer statement reconciliations, process payments, and investigate discrepancies.
  • Handle queries related to broker accounts, addressing inquiries from brokers and underwriters.
  • Manage client payment and refund reconciliations.
  • Assist with Client Money audits.
  • Review and manage IBA logs and produce Client Money Calculations.
  • Organize and execute work efficiently, complying with business and regulatory (UK and other) requirements.
  • Stay updated on Service Standards, legal, and regulatory requirements for IBA activities.
  • Participate in projects to enhance department efficiency and implement best practice procedures.
  • Identify process gaps proactively and propose solutions.
  • Ensure compliance with CASS regulations and adhere to FCA client money rules.
Requirements:
  • Bachelor's Degree or equivalent qualification.
  • Fresh graduates or candidates with 3-5 years of experience in the insurance industry, particularly in accounting, are encouraged to apply.
  • Knowledge and experience dealing with Lloyd's / London Market is advantageous.
  • Proficiency in English and Mandarin (speaking and writing).
  • Meticulous attention to detail.
  • Ability to work independently in a fast-paced environment.
  • Results-oriented with a sense of urgency.
  • Knowledge of Insurance Broker Accounting procedures and best practices.

Skills Required

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Date Posted: 08/07/2024

Job ID: 84046467

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About Company

Teknowiz is a leading Digital Transformation Solutions provider. We empower businesses to thrive in the digital age by leveraging technology to drive growth, enhance efficiency, and deliver exceptional customer experiences.

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