Finance Associate I

Location: Bengaluru

Experience: 1 - 2 Years

Business Unit: Hybrid

Job Type: FTE

Openings: 1

· Analyse claim files to ensure proper handling, documentation and coordination with adjusters, TPAs, brokers, and internal stakeholders.

· Maintain accurate claim documentation and audit-ready records to support effective claims management and compliance.

· Classification of claims into Primary and Contingent for accurate reserve analysis.

· Review TPA invoices related to claim payments daily to ensure transactions are accurately reclassified and recorded in the appropriate books of accounts.

· Actively support franchisees by addressing and resolving insurance premium-related inquiries in a timely manner.

· Obtain necessary approvals and coordinate the timely processing of check payments to ensure compliance with payment requirements.

· Perform insurance-related accounting activities during the month-end close process and reconcile journal entries across all insurance categories to ensure accuracy, and compliance with accounting requirements.

Identify opportunities to improve claim management processes, reporting accuracy, and operational efficiency.

Partner with brokers, TPAs, insurers, and internal teams to resolve claim issues and improve service levels.