Vanita Bansal

Experience

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  AMSURE INSURANCE AGENCY LTD

  Jan 2006 - Jan 2013

  Senior executive- Finance

  (Interbank Transfer, redemption/ Investment, FD’s as per requirementsEnsured Daily Deposition of Cash/Cheque in Bank & settlement of EDC of previous day collection on branchesDaily Reconciliation of Premium Collection with Bank MIS.Daily follow up from bank for Timely realization of all instruments/Cash/Card & from sales team for bounced recoveryCleared all items pending in unaccounted bucket before month end otherwise initiate the charge back.Arranged the Balance confirmation from Banks/debtors in Audit Time & Negotiate with bank on bank charges.Reconciliation of forex renewal .Policy level Reconciliation of commission sheet for accurate revenue.Assist in compliance audit, internal audit & statuary audit.Review the SOPs and recommend changes , additions & Automation as appropriate to senior Management.Worked on critical and ad-hoc analyses to help the business react and respond to various issues.Lead the team of Four executive. Give them direction to achieve the organization goal & make them motivate towards superior performance.Ageing report of Not deposit items, under clearance item, Due pending for receivableBusiness MIS of New Business Such as Product MIX, Region MIX, Variance reports( budget V/S actual), Collection MIX on MTD, YTD & BTD basis. Revenue Reports on New Business & renewal collection.Month end, quarter end financial & business report for stake holder. Show less

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  Goibibo Ibibo Web Private Limited

  Dec 2013 - Mar 2014

  Senior Finance Executive

  Hands on accounting and reconciliation • Payment settlement with vendors • Billing to customers- Customer invoicing • Assisting in preparation of MIS • Assisting Monthly book closures Revenue / Cost for Cost/Profit center • Handling Cash & Bank Payments. • Banks payment gateway reconciliation • Co-ordinate in completion of month-end tasks and reporting requirements. • Monitor & conduct analysis on Overdue Payments

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  Marsh & McLennan Companies

  Oct 2015 - Jan 2016

  Client Specialist

  Responsible for Day-to-day administration and management of Corporate Clients.- Manage the communication between the client, Insurer and service team members. Understand the client business issues, needs and expectations . Seek feedback on Marshs service through ongoing client dialogue.Agree and implement service deliverables. Demonstrate proactive and enthusiastic service levels expected from client service teams. Act as a referral point for the resolution of complex client queries internally and externally. Updating the MIS (Management Information System) with additions/deletions/invoices. Follow-ups with the client or insurers for pending information/cards/documents, etc. Preparing final statements for Invoicing (for additions/deletions/renewal/new business). Keeping a record of all documents that are sent out or received and filing them correctly. Keeping the client informed on the status of any addition or deletion request/queries etc. Show less

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  Elite Financial Services Ltd.

  Feb 2018 - Oct 2020

  Senior Client Service Representative

  Responsible for Day-to-day administration and management of Corporate Clients.- Manage the communication between the client, Insurer and service team members. ? Understand the client business issues, needs and expectations . Seek feedback on service through ongoing client dialogue .Agree and implement service deliverables . Demonstrate proactive and enthusiastic service levels expected from client service teams. Act as a referral point for the resolution of complex client queries internally and externally. Updating the MIS (Management Information System) with additions/deletions/invoices. Follow-ups with the client or insurers for pending information/cards/documents, etc. Preparing final statements for Invoicing (for additions/deletions/renewal/new business). Keeping a record of all documents that are sent out or received and filing them correctly. Keeping the client informed on the status of any addition or deletion request/queries etc. Show less

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  Groupfit Insurance Brokers Pvt. Ltd,

  Oct 2020 - Aug 2021

  Senior Financial Analyst

  Senior Executive: -Invoice Processing: Accurately reviewing and verifying invoices raise for Principal Insurance company, ensuring compliance with company agreed percentage. Matching invoices with commission calculated on previous month collection and reconciling discrepancies.Record Keeping: Book all the policies details in company data booked under Company brokers code, maintain excel mis for policies details complete cycle. (From logging till commission received & incentive paid)Payment Processing: Calculate and processing incentive to sales teams & Regional Managers & solve queries related to incentive.Expense Reporting: Processing employee expense reports, verifying supporting documentation, and ensuring adherence to expense policies.Renewal Manage: Ensure successful and on-time renewals for the account prior to the contract end date and executing all renewal back-end work in a timely manner for customer base.MIS & Reports: Ageing report of policy issuance, Invoicing, premium collection, sales team & regional Manager progress, Commission received, month end, quarter end year end both for policy logging & sales team progress.Process Improvement: Identifying opportunities for process improvement within the accounts payable function and collaborating with the core finance team to implement best practices. Show less