Project Service Accountant- Insurance Vertical

Job Summary

vConstruct, a Pune-based construction technology company seeks a Project Services Accountant (Insurance vertical) who can help the group to efficiently support the construction projects with project accounting expertise. Accounting Support for Projects (ASP) is a business unit in vConstruct, a company based in Pune and providing construction-related services to US-based customers.

Responsibilities

• Review subcontractors insurance certificate and its endorsements to manage the compliance across projects and regions.
• Triage incidents, understand contractual insurance requirements, scope evaluation and endorsement verbiage. Ability to connect dots on what happens next.
• Verify insurance coverages including General Liability, Automobile Liability, Workers Compensation, Umbrella/Excess Liability, Pollution Liability, and other applicable policies.
• Monitor insurance renewals and proactively follow up on expiring policies and missing documentation.
• Proactively work on escalating and solving difficult scenarios in handling insurance.
• Good eye for details when it comes to review or triage of information. Be able to request all the necessary details in one email with precise language.
• Good judgement call on what kind of coverage would be triggered and process it per the workflow.
• Challenge or improve the workflows with technology or automations.
• Perform quality checks and audits to ensure adherence and ensure grey areas are addressed.
• Identify trends in quality, compliance gaps and recurring issues. Sharpen the trainings.
• Support continuous improvement initiatives by recommending corrective and preventive actions.
• Participate in internal audits and process reviews.
• Along with Insurance, the person should also be open to learning all project accounting aspects and other ASP verticals/workflows as required by the Business Unit or their goal.

Requirements

• 1-4 years of proven experience in accounting process or insurance industry (not ideally insurance sales).
• Strong knowledge of accounting concepts and ability to explain them.
• Advanced Excel
• Power BI Reporting and Dashboard Analysis
• Process Improvement Methodologies
• Microsoft Copilot / Automation Tools
• Trend Identification
• Problem-Solving Ability
• Collaboration and Teamwork
• Time Management and Prioritization

Education

• Bachelor's or Master's degree in Commerce or Business Administration.
• Any added certification in accounting, management is a plus.

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