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WTW

Billing and Collections Analyst

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  • Posted 6 hours ago
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Job Description

Description

  • Support the execution of Plan Admin activities on behalf of onshore team in the Asia Pacific region, following agreed processes, tools and templates.
  • Core delivery will include:
  • Review and validate premium invoices from insurance carriers for accuracy and completeness.
  • Process, project and transaction management
  • Compare billed premiums against policy terms, enrollment data, and agreed rates.
  • Investigate and resolve discrepancies in billing, coordinating with insurance carriers and internal teams.
  • Communicate effectively with insurance carriers, brokers, and internal stakeholders regarding billing issues.
  • Monitor and collect outstanding premiums and commissions from clients and insurance carriers.
  • Validate and reconcile payments received against invoices and contractual agreements.
  • Follow regulatory procedure as defined by originating country
  • Maintain accurate records of collections, outstanding balances, and payment schedules.
  • Prepare and submit regular reports on collections performance and aging of receivables.
  • Identify and escalate overdue accounts; initiate follow-up actions to minimize bad debt.
  • Prepare and generate commission invoices based on contractual terms and agreed rates.
  • Validate commission calculations against sales data, agreements, and internal records.
  • Ensure timely issuance of invoices and accurate posting in financial systems.
  • Support audits and compliance requirements related to commission invoicing.
  • Internal system updates, where required.

In Addition To This, You Will

  • Attend training, meetings and/other educational events to increase understanding of trends, regulations and developments in the market
  • Develop an awareness of the insurance carrier and vendor marketplace
  • Understand and effectively articulate carrier / vendor specific strengths and weaknesses
  • Receive training from experienced consultants and assist to review client needs
  • Comply with internal excellence and compliance requirements
  • Contribute to the development of new intellectual capital

Qualifications

Requirements

  • Bachelor's degree (preferably in a program with heavy emphasis on mathematics or business) or
  • Well organized and detail oriented
  • Proven ability to manage multiple projects simultaneously and produce quality deliverables on time
  • Proven ability to identify and resolve complex issues
  • Strong client service orientation and ability to respond to all communications effectively and in a timely manner
  • Proficient in English, with excellent written and verbal communication skills

Attitude and Behavior

  • Self-starter attitude with ability to establish priorities, work independently and with limited supervision
  • Ability to ask the right questions and seek help where appropriate
  • Sense of accountability; owning one's work and taking pride in it
  • Proactive collaboration with a global team, include taking accountability for quality and on-time delivery of own work and involving other team members when appropriate

Technical Skills And Experience

  • Strong analytical, creative and integrative skills
  • Experience with billing validation and reconciliation
  • Excellent Microsoft Office skills, particularly in Excel and PowerPoint
  • Ability to review and check data against subject domain knowledge (e.g., health and group benefits) and understand the data's applicability/accuracy for the designated purpose

Skills

  • Excellent written and verbal communication skills in English
  • Strong client service orientation and ability to respond to multiple stake holders effectively and in a timely manner
  • Ability to work on multiple tasks in a fast-paced environment while adhering to strict deadlines is a must
  • Well organized and detail oriented
  • Excellent interpersonal skills and a collaborative working style
  • Self-starter attitude and ability to establish priorities, work independently and with limited supervision
  • Ability to ask the right questions and seek help where appropriate
  • Take accountability for quality and on-time delivery of own work and involving other team members when appropriate
  • Support interactions between clients, WTW and insurance vendors
  • Excellent Microsoft Office skills, particularly in Excel and PowerPoint

Experience

  • At least 2 years experience working as a billing analyst with good acumen to numbers and understanding of data
  • Fresh graduate with heavy emphasis on billing Analysis and Customer Service

More Info

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About Company

Job ID: 144505565