Lisbon, Portugal
Internship Explorer
Internship Explorer
As a Business Support Assistant, your key responsibilities will be to: * Review ledgers to identify items payable to Carriers/Clients/Sub Brokers and other entities. * Provide payment back-ups to the payee for the application of funds. * Reconcile Carrier statement with WTW books of accounts. * Review of open ledgers and perform small balance write-offs, offsets, etc., as per the accounting guidelines * Handling clearance of uncashed /uncleared checks. * Timely and effective responses to all queries, requests, corrections, etc. received from field offices/carriers. * Handling Intercompany Reconciliation by liaising with field offices and other WTW locations. * Following SOPs, Client / Carrier specifications and adherence to all statutory requirements. * Participate and contribute to potential process improvement areas. * Booking of commissions against relevant client/policy in the system on the basis of documentation received from Insurance companies. * Liaise with client managers and Insurance companies for resolving discrepancies and unallocated cash. * Timely clearance of return commissions to Insurance companies to avoid any potential penalties * Following Procedures, Client / Insurance Companies specifications and adherence to all statutory requirements.
