Insurance Dekho - Manager - Account Receivable (5-8 yrs)

Key Responsibilities:

1. AR Strategy & Governance:

- Own end-to-end Accounts Receivable governance across retail, corporate, group, and specialty insurance lines and other lines of business.

- Define AR policies, SOPs, and control frameworks aligned with IRDAI regulations and internal audit standards.

- Drive aging reduction strategy, collection efficiency, and working capital optimization.

2. Revenue & Commission Reconciliation:

- Lead brokerage/commission reconciliation with insurers, reinsurers, and other partners at product & branch level.

- Ensure accurate revenue recognition in line with accounting standards and broker agreements.

- Identify and plug revenue leakage, short-bookings, and unrecognized commissions.

- Act as primary escalation points for insurer finance teams.

3. MIS, Analytics & Management Reporting:

- Review and present AR dashboards, aging analysis, collection efficiency, and revenue assurance MIS to senior management.

- Provide insights into trends, risks, and improvement opportunities.

- Support board-level, investor, and audit reporting requirements.

4. Team Leadership & Capability Building:

- Lead, mentor, and develop a high-performing AR and reconciliation team.

- Set KRAs, review performance, and drive skill enhancement across the team.

5. Systems, Automation & Process Excellence:

- Drive system-based controls, automation, and reconciliation tools to reduce manual effort.

- Partner with IT, product, and operations teams on system enhancements.

- Improve data quality, master management, and reconciliation accuracy.

6. Audit, Compliance & Risk Management:

- Ensure readiness for statutory, internal, and IRDAI audits.

- Address audit observations and drive sustainable closures.

- Ensure compliance with premium handling norms, trust account guidelines, and regulatory timelines