A General Insurance Back Office professional plays a vital role in supporting the day-to-day operations of an insurance company. Here's a breakdown of the job profile:
Key Responsibilities:
🔹 Insurance Operations:
Processing insurance proposals and policy documentation
Coordinating with insurance companies for policy issuance, endorsements, and renewals
Preparing quotations and supporting the sales team
Maintaining client records and MIS reports
Managing renewals and follow-ups
Ensuring compliance with company policies and IRDA guidelines
🔹 Accounts & Finance:
Handling premium collections and payment reconciliation
Managing daily accounting entries and bookkeeping
Preparing invoices and commission statements
Bank reconciliation and ledger maintenance
Maintaining GST records and tax compliance
Coordinating with insurance companies for commission payouts
Preparing monthly financial reports