Job Overview

We are looking for an experienced Accounts Receivable / Senior Finance Analyst – OTC to support insurance accounting, commission receivables, reconciliation, payment posting, and collection activities.

The ideal candidate should have strong experience in Accounts Receivable, Order to Cash (OTC), insurance accounting, insurance brokerage, Property & Casualty (P&C) insurance, commission reconciliation, direct bill commissions, and insurance agency management systems.

Experience with Applied EPIC or other insurance agency management systems such as BenefitPoint is preferred.

Key Responsibilities

Accounts Receivable & Commission Reconciliation

• Perform reconciliation of commission receivables from insurance companies.

• Follow up with insurance companies to ensure timely collection of outstanding commissions.

• Monitor commission receivables and identify outstanding or unmatched amounts.

• Investigate and resolve discrepancies between commission records and insurance company statements.

• Maintain accurate records of commission receivables and collection activities.

• Ensure timely follow-up on pending and outstanding commission amounts.

Direct Bill Commission Processing

• Ensure accurate and timely receipt, posting, and reconciliation of direct bill commissions received from insurance companies.

• Process commission transactions on a daily, weekly, and monthly basis.

• Verify commission amounts received against applicable records and supporting documentation.

• Identify discrepancies and coordinate with relevant stakeholders or insurance carriers for resolution.

• Ensure all commission transactions are accurately recorded and reconciled.

Broker Commission Management

• Process corrections and changes to broker commission rates as required.

• Review commission rate information and ensure applicable changes are accurately updated.

• Validate corrections and changes before processing.

• Maintain proper documentation for all commission rate changes and adjustments.

• Ensure all updates are accurately reflected in relevant records and systems.

Commission Tracking & Documentation

• Track direct bill commission information, including:

  • Insurance carrier name

  • Date check/payment was received

  • Commission amount

  • Date processed

  • Processing completion status

  • Commission rate or adjustment information

Insurance Domain Requirements

• Experience in the insurance brokerage industry is preferred.

• Experience in Property & Casualty (P&C) insurance is preferred.

• Strong understanding of insurance commission processes and insurance accounting.

• Familiarity with insurance carriers, broker commissions, direct bill commissions, and commission receivables.

• Understanding of insurance billing and Accounts Receivable processes.

Required Experience

• 4–6 years of relevant accounting, billing, or Accounts Receivable experience.

• Experience in the insurance or financial services industry is preferred.

• Experience in the insurance brokerage or P&C insurance domain is highly preferred.

• Hands-on experience with Applied EPIC is preferred.

• Working knowledge of insurance agency management systems (AMS) such as Applied EPIC and BenefitPoint is an advantage.

Required Skills

• Strong knowledge of Accounts Receivable and OTC processes.

• Experience in commission receivables reconciliation.

• Knowledge of direct bill commission processing and reconciliation.

• Strong attention to detail and accuracy.

• Excellent analytical and reconciliation skills.

Preferred Systems & Applications

• Applied EPIC – Hands-on experience preferred

• BenefitPoint

• Insurance Agency Management Systems (AMS)

• Microsoft Excel

• Accounting and Accounts Receivable systems

Educational Qualification

• Graduate in any discipline.

• 4–6 years of relevant billing, accounting, Accounts Receivable, or finance experience in the insurance or financial services industry.

Certification / System Experience

• Hands-on experience with Applied EPIC is preferred.

• Experience with insurance agency management systems such as BenefitPoint and Applied EPIC is an advantage.

Soft Skills

• Excellent communication skills.

• Strong team collaboration and interpersonal skills.

• Good documentation and knowledge-sharing abilities.

• Strong attention to detail.

• Ability to work independently and as part of a team.

• Strong ownership and accountability.

• Ability to manage deadlines and recurring reconciliation activities.

Other Requirements

• Experience in insurance brokerage or P&C insurance is preferred.

• Candidate should be comfortable working with insurance companies and internal stakeholders.

• Ex-TCS employees are not eligible to apply.

• PAN and Date of Birth (DOB) are required for Employee Profile (EP) creation