Funds Collection And Payment Of Centralized Management Of Risk Control In A Life Insurance Branch

A branch is a well-known life insurance company, after years of development, business scale and service quality have been among the forefront of the domestic life insurance companies. As the company continues to grow and develop and market competition becomes more intense, ways to enhance risk management, reduce costs, improve efficiency, in order to achieve the company's strong business is especially important. In financial management A branch have launched fund collection and payment of centralized management model, largely to avoid the financial risk, but in the promotion and implementation process, there are many imperfections, it is necessary to analyze the risk and take effective measures to control it.Centralized collection and payment of funds management mainly refers to the advanced management philosophy as a guide, to play the advantages of modern information technology network, to implement effective management, configuration and control. The main contents include:business bulk transfer charge, business bulk transfer payment, bulk transfer payment of fees and costs, transfer bulk online banking payments.This careful study and detailed analysis, With the promotion and implementation of centralized collection and payment of funds, There are the risk of transformation process, the risk of data set and the risk of process control in Life insurance company A branch, The risk of transformation process includs the management change, the impact of the concept of staff and the risk of management personnel; the risk of data set includs high-availability risk, the overall system performance and scalability of risk and within the data set after control risk; process control risks includes, First, the file back to disk data transfer mode to modify the risk exists, and second, user name and account number verification is not implemented due to balance of payments risk of error and the third is a small bank account, deduct management fees due to the risk underwriting time, the four cost of external providers of payment, payment through online banking there is the risk of anthropogenic modification of data.A payment of funds for centralized management of life insurance subsidiary risks, we use the theory of risk management guidance, using a combination of qualitative and quantitative analysis, through research, literature review, the following risk control program of targeted.(1) Rational design process model, changing concepts, and steady implementation of effective risk control process transformation. Decision science is the premise of risk control process transformation and an important guarantee, reasonable design and stable transformation of the implementation of risk control process is the basis and key, therefore, need to control the risk of scientific decision-making process transformation, rational design, and steady implementation, and the need to strengthen advocacy, changes in staff ideas, to avoid staff unrest adverse consequences to the company.(2) To increase information technology spending, improve the technical management and control means, a reasonable response to the data concentration risk. Level of information technology, payment of funds directly determine the effect concentration of the key factors of project implementation, the branch should strengthen the construction of internal information systems and planning, development and use of reliable IT risk prevention technology, the implementation of standardized IT processes, to develop a comprehensive IT risk control, establish an effective financial decision support system to take the initiative to prevent risks and protect our system of safe operation, while building a sound technical management and control unit and a stable IT technical management and control team, to encourage the staff to technological innovation and eliminate the risk risk.(3) Actively promote the collection and payment of funds centralized model. science to solve process control risks. DDN through building line, receive and send files to achieve seamless, to avoid batch file and the offer is modified file data back to disk risk; to strengthen the communication with the bank, through the internal procedures of the transformation of the banking system design, implementation and account username automatic calibration system; and the company's premium account for all of our customers do not chargeback tag handling. Direct bank and the use of advanced systems to achieve corporate financial management systems and collaborative online banking system to dock to avoid manual intervention, from the technical to ensure the timeliness of payment and security.(4) Internal control system of capital management, capital construction and improvement of an important guarantee for centralized collection and payment, so the need to strengthen internal control, improve internal control and risk prevention systems. To ensure the payment of funds focused on risk management results. To be able to minimize the risk, internal controls need to be considered, such as talent management, marketing concepts, investment strategies, input-output and other factors, but also consider banks, customer satisfaction, cooperation and other external factors. Only to consider comprehensive, and effective measures, centralized collection and payment of funds can continue to resolve the risk management model to the company's sustained, healthy and steady development and lay a solid foundation. Therefore, payment of funds focus on risk control management of the peace itself or whether it is for other life insurance companies are of great significance.