WTW | Walkin Drive - Receivable Administrator - 4th Apr - Vikhroli

Job Summary

Handle Receipts, Application of premiums & fees received from Clients/Insurance companies and booking Commissions received from Insurance companies.

Principal Duties/Responsibilities

• Allocation of funds (EFT or Cheque) received from Client, broker or insurance company by researching relevant payment information received
• Booking of commissions against relevant client/policy in the system on basis of documentation received from Insurance companies.
• Timely clearance of return commissions to Insurance companies to avoid any potential penalties
• Liaise with Client managers and Insurance companies for resolving discrepancies and unallocated cash
• Timely and effective responses to all queries, requests, corrections, etc. received from field offices/insurance companies.
• Bi-weekly review of open ledgers and perform write-offs, offsets, etc. as per the accounting guidelines
• Following Procedures, Client / Insurance Companies specifications and adherence of all statutory requirements.
• Ensure ongoing, effective relationships with all stakeholders (Internal/external).
• Maintain Quality and Timelines standards.

Top 5 Competencies:

• Focusing on Clients
• Working in Teams
• Driving Excellence
• Fostering Innovation
• Adapting to Change

Key Skills required for the job

• Communication Skills Business Writing and Verbal
• MS Excel
• Eye for Detail
• Logical Thinking
• Interpersonal Skills

Required Qualifications, Knowledge, Experience

Qualifications:

Knowledge:

Shift timing: 6:30PM to 3:30AM

Experience: 2 to 7 years.