Willis Towers Watson Settlement Analyst in Calcutta, India

Settlement Analyst

Date Posted: April 30, 2018

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Not ready to Apply? at https://willistowerswatson.avature.net/WTWTalentNetwork

JOB DESCRIPTION

The Company

Willis Towers Watson is a leading global advisory, broking and solutions company that helps clients around the world turn risk into a path for growth. With roots dating to 1828, Willis Towers Watson has 40,000 employees serving more than 140 countries. We design and deliver solutions that manage risk, optimize benefits, cultivate talent, and expand the power of capital to protect and strengthen institutions and individuals. Our unique perspective allows us to see the critical intersections between talent, assets and ideas – the dynamic formula that drives business performance. Together, we unlock potential. Learn more at willistowerswatson.com.

The Business

Benefits Accounts enables our clients to transform the way they offer and administer consumer-driven health (CDH) and reimbursement accounts, maximizing their revenue and profit opportunity. Our integrated end-to-end operations, consumer focus and true private label approach helps our clients increase revenue and lower costs, while delivering market-leading CDH products and services under their own brand. Benefits Accounts currently powers and serves many industry leaders (Financial Institutions, HROs, TPAs and Health Plans) in the CDH and reimbursement account space. Benefits Accounts serves over 6,000 employers/groups, including over 40 of the Fortune 500, and processes more than 14.5 million transactions annually for more than 1.7 million active end user participants.

The Role

We are looking for an individual who is highly self-motivated and creates energetic atmosphere surrounding him/her through work ethics. This person will be responsible for performing financial reconciliation including but not limited to journal entry processing, risk analysis. The position will be responsible to coordinate and address daily deliverables and client requests to meet the SLAs & internal Quality targets.

  • Responsible for developing understanding of the Acclaim platform, an in-house solution designed to manage reimbursement administration for a multitude of different reimbursement plans including HSA (Health Savings Accounts), FSA (Flexible Spending Arrangement / Accounts), HRA (Health Reimbursement Arrangement) and other consumer driven healthcare reimbursement type accounts.

  • Accountable for day to day deliverables of settlement team.

  • Responsible for managing cash balance of multiple bank accounts through accounting of daily financial activities, post and balance subsidiary ledger (s) and perform reconciliation

  • Responsible for resolving outstanding reconciliation items on time

  • Responsible for maintaining Quality targets defined for the department on a month on month basis.

  • Participate in special projects and other duties as assigned.

Handle escalations as received and coordinate with supervisors as needed

The Requirements

  • 2-5 years of relevant experience in banking, treasury or accounting

  • Good analytical skills

  • Good knowledge of accounting principles

  • Ability to comprehend and apply rules-based decision making

  • Good communication skills

  • Ownership and accountability to drive tasks through completion

  • Available to work flexible hours, including night shift

  • Adaptive to cross cultural requirements

  • Capacity to rapidly learn new processes & software

  • Must be a fast learner, highly motivated, adaptable, flexible, self-sufficient and able to produce quality results in an evolving, fast paced environment

All qualified applicants will receive consideration for employment without regard to race, colour, religion, sex, national origin, age, protected veteran status or status as an individual with disability. All qualified applicants will not be discriminated against on the basis of disability.

Apply

Not ready to Apply? at https://willistowerswatson.avature.net/WTWTalentNetwork

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JOB SNAPSHOT

  • Employee Type:Regular Full-Time

  • Location:Calcutta, West Bengal, IN

  • Experience:2 years

  • Date Posted:April 30, 2018