Record to Report Ops Associate

3 Months ago • 1-3 Years

Job Description

As a Record to Report Ops Associate, you will be involved in various tasks including canceling and rewriting insurance policies and endorsements, managing OTC collections and disputes, performing cash reconciliations, preparing refund packages, and recording all collections activities. You will need to ensure compliance with internal controls, standards, and regulations. The role involves solving routine problems, interacting within your team and with your supervisor, and requires following detailed instructions. Your work will directly impact your own tasks and you will be an individual contributor within a team. (Approx. 100 words)
Must Have:
  • Reinsurance - Collections Processing
  • Accounts Payable Processing
  • Collaboration and interpersonal skills
  • Ability to work well in a team
  • Accounting Journal Entries
  • Accounting & Financial Reporting Standards

Add these skills to join the top 1% applicants for this job

communication
financial-data-analysis
accounting

Skill required: Reinsurance - Collections Processing
Designation: Record to Report Ops Associate
Qualifications:Any Graduation
Years of Experience:1 to 3 years
About Accenture
Accenture is a global professional services company with leading capabilities in digital, cloud and security.Combining unmatched experience and specialized skills across more than 40 industries, we offer Strategy and Consulting, Technology and Operations services, and Accenture Song— all powered by the world’s largest network of Advanced Technology and Intelligent Operations centers. Our 699,000 people deliver on the promise of technology and human ingenuity every day, serving clients in more than 120 countries. We embrace the power of change to create value and shared success for our clients, people, shareholders, partners and communities.Visit us at www.accenture.com
What would you do? We help insurers redefine their customer experience while accelerating their innovation agenda to drive sustainable growth by transforming to an intelligent operating model. Intelligent Insurance Operations combines our advisory, technology, and operations expertise, global scale, and robust ecosystem with our insurance transformation capabilities. It is structured to address the scope and complexity of the ever-changing insurance environment and offers a flexible operating model that can meet the unique needs of each market segment. Canceling and rewriting insurance policies and endorsements Manage OTC collection/disputes such as debt collection, reporting on aged debt, dunning process, bad debt provisioning etc. Perform Cash Reconciliations and follow up for missing remittances, prepare refund package with accuracy and supply to clients, record all collections activities in a consistent manner as per client process (tool), delivery of process requirements to achieve key performance targets, ensure compliance to internal controls, standards, and regulations (Restricted countries).
What are we looking for? •Accounts Payable Processing •Collaboration and interpersonal skills •Ability to work well in a team •Ability to manage multiple stakeholders •Accounts Payable Design and Support •Accounting Journal Entries •Accounting & Financial Reporting Standards
Roles and Responsibilities: •In this role you are required to solve routine problems, largely through precedent and referral to general guidelines • Your expected interactions are within your own team and direct supervisor • You will be provided detailed to moderate level of instruction on daily work tasks and detailed instruction on new assignments • The decisions that you make would impact your own work • You will be an individual contributor as a part of a team, with a predetermined, focused scope of work • Please note that this role may require you to work in rotational shifts

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