Summary
Overview
Work History
Education
Certification
Languages
Timeline
Generic

Ankit Sharma

New Delhi

Summary

I am a passionate and accomplished Property and Casualty Insurance individual professional specializing in US market, have earned esteemed certifications in my field including AINS 101 (Associate in Insurance). My adaptability, critical thinking and problem-solving abilities allow me to navigate complexities with ease, ensuring optimal outcomes for clients.I bring a wealth of expertise to drive success and deliver exceptional results.

Overview

11
11
years of professional experience
1
1
Certification

Work History

Functional Expert (TL) - Insurance & F&A

Xceedance
Noida
11.2019 - Current
  • Quote the premium based upon financial & other exposures of the insured.
  • Responsible to doing all kind of Endorsement request on Daily Basis.
  • Policy Renewal, Change Request & Migration additional task type.
  • Line of Business: - General Liability, Commercial Property, & Workers Compensation.
  • Drafting and compiling the policies, ensuring the deadlines and needs of our enterprise partner.
  • Maintaining the subjectivities and following up if required.
  • Creating submissions in the system.
  • Fetching Cash payments from banking site and maintaining BRS on daily basis.
  • Applying daily cash payments in AR (Accounts Receivable) file
  • Preparing Invoicing Entries on daily basis.
  • Reconciliation or PLR (Policy Level Reconciliation) of complex and old accounts which were not closed due to incorrect cash application, mismatch in booking etc
  • Support and work with team towards Issue Resolution
  • Various Reportings such as Monthly, Quarterly and Year end closing in AR file, Write off & Suspense report
  • Monitoring banking activities to find discrepancies and prevent financial challenges
  • Ensure timely collections of receivables
  • Monitoring all transactions continuously
  • Answered client and customer questions regarding accounts and any discrepancies

Process Developer - Insurance F&A

Genpact
Noida
11.2013 - 11.2019
  • Mentoring and training up associates & new hires in the team
  • Clear understanding of complete O2C Cycle
  • To manage day to day operations, including workload management, prioritization and utilization
  • Transitioning of New Activities & preparing SOP
  • Support and work with team towards Issue Resolution
  • Creating backups for smooth operations
  • Guiding & helping team members to achieve their goals & objectives
  • Ensures that cash amounts in a company’s accounting ledgers agree with bank balances
  • To research and resolve all outstanding financial issues related to open payment to open items on account
  • Bank reconciliations preparation, review and follow up on open items for different regions
  • Month end order to cash closing
  • Quality SPOC for the OTC Team
  • Managed customer accounts by ensuring any issues and queries were deal with professionally and resolved quickly & efficiently ensuring no Payment Delays
  • Preparing and publishing Attendance Report
  • Responsible for preparing Master Data on a monthly basis
  • Shared mailbox management
  • Recognize high performance and reward accomplishments
  • Strict adherence to Activities TAT and Accuracy
  • Also taking care of Huddle calls on weekly basis.
  • Investigated root causes of problems identified in existing processes.
  • Created reports detailing the results of process improvement initiatives.
  • The policy premium is based on payroll or exposures, provided prior to policy start date.
  • At the end of the policy period, we review the records to determine the audit exposures for Workers Compensation and General Liability; based on these amounts
    we generate the final earned premium.

Education

M.Com - Commerce

IGNOU
New Delhi
07-2017

B.Com - Commerce

University of Delhi
11-2011

XIIth - Commerce

D.A.V Sr. Sec. School
05-2008

Certification

  • Passed CAT (Certificate in Accounting Technicians) Examination From Institute of Cost Accountant Of India in 2013.
  • Boot Camp Certified by Genpact in Finance & Accounts.
  • Boot Camp Certified from Genpact in Insurance.
  • Lean Trained, Tested and Certified.
  • AINS 101 Certified.

Languages

English
First Language
Hindi
Proficient (C2)
C2

Timeline

Functional Expert (TL) - Insurance & F&A

Xceedance
11.2019 - Current

Process Developer - Insurance F&A

Genpact
11.2013 - 11.2019

M.Com - Commerce

IGNOU

B.Com - Commerce

University of Delhi

XIIth - Commerce

D.A.V Sr. Sec. School

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Ankit Sharma