Underwriter Bordereau & Accounting Reconciliations.
Ensure pristine insurance trust accounting and zero unallocated cash. Our dedicated bookkeeping team reconciles insurer bordereaux, matches broker commissions, and manages premium funding settlements directly inside your BMS.
Trust Accounting & Ledger Integrity Scope
Structured daily, weekly, and monthly reconciliations for Australian insurance brokerages and underwriting agencies.
Insurer Bordereau Matching
Detailed reconciliation of monthly insurer statements against WinBEAT / Applied Epic ledgers to identify under/over-billings and premium discrepancies.
- ✓ Line-by-line statement matching against policy registers
- ✓ Sunrise closing message verification
- ✓ Premium variance investigation with underwriters
- ✓ Monthly sign-off reports for brokerage leadership
Commission & AR Splits
Accurate verification of base commission percentages, broker fee allocations, and Authorised Representative (AR) revenue splits across all lines.
- ✓ AR revenue split calculations & tier tracking
- ✓ Broker fee audit & reconciliation
- ✓ AR commission statement generation
- ✓ Net brokerage retention verification
Premium Funding Settlements
Processing Hunter, Attvest, and Elantis loan agreements and allocating bulk funding settlement payouts against policy debtor balances.
- ✓ Funder batch receipt allocation
- ✓ Loan contract schedule verification
- ✓ Clearing client debtor balances upon payout
- ✓ Funder commission fee logging
Unallocated Cash Cleansing
Investigating aged unallocated credits and debits in broker trust ledgers, matching unknown deposits to client invoices.
- ✓ Unmatched deposit investigation
- ✓ Debtor ledger allocation and receipting
- ✓ Duplicate payment identification & credit notes
- ✓ Trust account audit readiness maintenance
Pre-Migration Data Cleansing
Deduplicating client profiles, cleaning historical spreadsheets, and formatting legacy policy databases prior to software migrations.
- ✓ Client profile deduplication & merging
- ✓ Contact standardization (ABN, address, email)
- ✓ Historical ledger balance verification
- ✓ System upgrade data readiness
Aged Debtors & Invoicing
Tracking outstanding client policy invoices, compiling aged debtor reports, and preparing overdue reminder statements for broker review.
- ✓ Aged debtor ledger reporting (30/60/90 days)
- ✓ Client reminder statement generation
- ✓ Premium cancellation warning tracking
- ✓ Direct BMS debtor reconciliation
🔒 Non-Disbursement Reconciliation Model:
MCR Global personnel provide clerical accounting reconciliation and ledger matching only. Our operators do not hold banking signatory or disbursement authority, cannot initiate transfers, and do not disburse monies from broker trust accounts. All payments remain exclusively authorized by the licensed Australian brokerage.
Structured 4-Step Reconciliation Pipeline
Eliminating unallocated cash and balancing insurer accounts with precision.
Monthly insurer closing statements and premium funding disbursement batches ingested into BMS.
Line-by-line verification of policy numbers, gross premium, commission percentages, GST, and stamp duty.
Discrepancies in commission rates or under/over-billings flagged and tracked directly with underwriters.
Balanced monthly reconciliation pack and AR split schedule delivered to broker leadership for sign-off.
Balance Insurer Ledgers with Precision
Deploy dedicated insurance bookkeepers and reconciliation specialists starting from A$450/month with zero recruiter fees and 50% unused hours rollover.
View Accounting Rates →Underwriter Reconciliations FAQs
How MCR Global keeps broker trust accounts and insurer ledgers balanced.
Balance your insurer ledgers with complete precision.
Integrate dedicated reconciliation support into your broker accounting system.
100% Remote BPO Model: MCR Global Insurance Back-Office is a 100% remote Business Process Outsourcing (BPO) service provider operating from India. We provide dedicated administrative, operational, and clerical back-office support to Australian insurance brokerages, underwriting agencies, and insurtechs.
No Insurance Advice or Underwriting: MCR Global is not an Australian Financial Services Licensee (AFSL), insurance broker, insurer, or claims adjuster. MCR Global does not provide general or personal financial product advice, sell or bind insurance coverages, assess claims liability, or make underwriting decisions under the Corporations Act 2001 (Cth) or Insurance Contracts Act 1984 (Cth).
Client & Licensee Responsibility: All policy data entries, Certificates of Currency, renewal comparison schedules, claims documentation files, and reports prepared by MCR Global personnel are executed under the direct instruction and standard operating procedures of the client business. The licensed Australian entity and its responsible managers remain solely and legally responsible for authorizing, reviewing, and approving all insurance transactions and client advice.
Non-Disbursement of Funds: MCR Global Reconciliations & Cleansing Support provides clerical data reconciliation and ledger matching only. Personnel do not hold banking signatory or disbursement authority, cannot transfer funds, and do not disburse monies from insurance trust accounts.
Third-Party Systems & Data Security: System names (including WinBEAT, Applied Epic, Steadfast INSIGHT, Sunrise Exchange) are trademarks of their respective copyright holders. MCR Global personnel access client software tools securely via encrypted VDI/VPN sessions with Zero Local Storage under Australian Privacy Principles (APP 8).