Process Associate

We are looking For Process Associate Role in Property & Casualty Insurance Broking for Gandhinagar & Pune Location !!

Role Overview

We are looking for high-energy, detail-oriented professionals (14 years’ experience) to join our US Broking Finance & Premium Accounting team. The role focuses on executing high-volume financial transactions, ensuring accuracy in premium reconciliation, and supporting broker accounting processes.

Domain related

1. Relevant experience with Insurance having US Broking Industry and process exposure.
2. Knowledge of the insurance principles and applied experience
3. Adapt in interpreting information provided by the agency and client
4. Ability to comprehend scenarios related to the transaction
5. Exposure to US Insurance / Broking processes
6. Knowledge of premium reconciliation / broker accounting lifecycle
7. Familiarity with insurance terms: commissions, direct bill, agency bill, refunds
8. Experience in financial data validation or audit support

Required Skills & Competencies

1. Efficient handling of work and focused on delivering outcomes in a time bound process
2. Strong attention to detail and accuracy
3. Basic understanding of accounting principles (AR/AP/reconciliation)
4. Ability to handle high-volume transactional work with consistency
5. Good analytical and problem-solving skills
6. Effective communication skills (written and verbal) 
7. Ability to work independently with ownership mindset
8. Proficiency in MS Excel (basic to intermediate)

Soft Skills

1. Good communication skills – Written and Interpretation
2. Eye for detail

Computer related sills

1. Should have a working knowledge of computer basics (Word, Excel and PPT)
2. Good Keyboard skills

Key Responsibilities

1. Perform premium accounting and reconciliation activities for US insurance broking clients 
2. Handle agency bill and direct bill transactions, including invoicing, collections, and payables 
3. Reconcile carrier/broker statements, premium entries, commissions, and refunds
4. Identify and resolve discrepancies, unmatched transactions, and aged balances
5. Prepare and maintain accurate financial records and supporting documentation
6. Ensure adherence to client SLAs, audit requirements, and compliance standards
7. Work on month-end activities, including reporting and balance validations 
8. Collaborate with internal teams and stakeholders for issue resolution 
9. Maintain process documentation and follow standard operating procedures