Application Research Of Operational Basis Budget In Property Insurance Enterprises

At present,the profound changes in the economy and society have put forward new and higher requirements for the insurance industry.The insurance industry has become a booster of economic transformation and upgrading and an important system supplier in the process of national governance modernization.In order for an insurance company to succeed in a market with rapid economic changes,it is not only necessary to increase market share.From the perspective of insurance companies,it is more important to control the budget and expenses.With the further development of the market economy,the budget management is out of line with the enterprise development strategy,the budget preparation basis is not reasonable enough,the budget preparation process is single,the responsibility center is divided according to functions,the manager is not easy to carry out effective enterprise control,and the budget analysis is ineffective.come out.These problems severely restrict the effective functioning of budget management functions and adversely affect the operational efficiency of enterprises.The improvement of activity-based cost management has broadened the horizon of budget management,and it has become an inevitable trend to review budget management from the perspective of operations.The prerequisite for the implementation of the operational basic budget of the enterprise is that the enterprise implements the activity-based cost method for accounting control,and the operational basic budget is to adjust its own budget according to the strategic plan of the enterprise.Based on the related theories such as budget management and operation-based budget,this paper conducts on-the-spot investigations on the provincial branch of China People's Insurance Co.,Ltd.(hereinafter referred to as the A-country branch),and analyzes the implementation status of the operational base budget of the provincial branch of A province.The operating base budget has a positive effect in terms of saving fixed costs,deepening cost awareness,and improving employee performance.However,in the implementation of the basic budget of the operation,there are also some problems such as excessive monopoly of the financial department,imperfect budget evaluation system,and imperfect control system.In response to the above problems,suggestions for improving the standard cost of key operations,optimizing the analysis of budget differences,and strengthening the dynamic monitoring of budget execution are proposed.Therefore,in order to promote the application of the basic budget of the operation in the same kind of property insurance enterprises,on the basis of the operational base budget of the provincial branch of A,the division of auto insurance operations,motivation analysis,data calculation,report preparation,data adjustment,difference analysis,and sub-channel reporting Starting from the eight aspects of preparation and performance appraisal,the basic budget system of auto insurance operation was constructed,and the budget preparation method for sub-channels of vehicle insurance lines was further improved.The operating base budget of the car insurance line constructed in this paper increases the allocation table of value-added operations and non-value-added operations,and establishes a standard cost table for key operations,highlighting the core role of the implementation of the operational base budget,namely,enterprise value-added,optimizing resource allocation,and passing Increase the sub-channels of the vehicle insurance line to prepare the operating budget table,which provides more accurate channel sales information and resource allocation plan for the management.Aiming at the problem that the performance appraisal system of the branch of A province is out of line with the current budget system,this paper designs the assessment form of the person in charge of the vehicle insurance line.The assessment of this form can correspond to the basic budget of the operation,which can be improved to some extent.The company's assessment system.In addition,through the company's partial data and the relevant average data of the insurance industry,the data of the construction of the car insurance industry operating basic budget system was verified to ensure the feasibility of the system.In this paper,through the improvement and improvement of the operation basic budget system of the provincial branch of A province,the operational basic budget system of vehicle insurance insurance is constructed,in order to provide reference for the same type of property insurance enterprises to implement the operational basic budget for vehicle insurance.