Bill to Cash Assistant

Há 1 mês


Lisbon, Portugal WTW Tempo inteiro

About Us

WTW is not just another advisory, broking, and solutions company—we’re a storied institution that’s been turning risk into opportunity since 1828. From insuring the Titanic to supporting NASA’s Moon Buggy, our legacy is built on innovation and resilience. And at our Lisbon Regional Delivery Hub, a dynamic team of 300+ professionals is driving that legacy forward every day.

In our "Corporate Risk and Broking" division, we empower companies to navigate the complexities of risk and insurance management. By aligning our strategies with our clients’ corporate goals, we create robust, cost-effective solutions that protect their businesses and fuel growth.

The Opportunity

From day one, you'll take on real responsibilities, gaining hands-on experience and valuable skills. You’ll dive into various aspects of our business, gaining a solid understanding of what we do and how we do it.

As a Bill to Cash Assistant, your key responsibilities will include:

Ensuring all premiums received from clients are paid out to carriers. Reconciling carrier statements and resolving discrepancies. Handling receipts and applying premiums and fees from clients and insurance companies. Booking commissions received from insurance companies.

You’ll work on real client projects, performing tasks such as:

Reviewing ledgers to identify payable items for carriers, clients, and sub-brokers. Providing payment documentation to payees. Reconciling carrier statements with WTW accounts. Liaising with client managers and carriers to resolve payment issues and discrepancies. Managing open ledgers, including small balance write-offs and offsets. Handling the clearance of uncashed or uncleared checks. Responding promptly to queries, requests, and corrections from field offices and carriers. Ensuring compliance with SOPs, client/carrier specifications, and statutory requirements. Managing intercompany reconciliation by coordinating with other WTW locations. Contributing to process improvement initiatives. Allocating funds received from clients, brokers, or insurance companies. Booking commissions in the system based on documentation from insurance companies. Resolving discrepancies and unallocated cash with client managers and insurance companies. Clearing return commissions promptly to avoid penalties.

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