Senior Analyst - Finance & Accounting

Marsh McLennan is hiring a Senior Analyst - Finance & Accounting in Mumbai, India. Level rates it ; you can apply on Marsh McLennan.

Level's read on this job

Level rates this accountant role Little AI ●○○○: aI is not part of the work.
Level classifies it as a senior role.
Level lists 627 other open roles at Marsh McLennan.
The role was posted in the last few days.

AI in this role

Company:

Marsh Corporate

Description:

What can you expect?

To ensure seamless accounting of Fiduciary portfolio assigned for either Client / Insurer or Third Party agents (Commission Agents). Accountable for collection and settlement of premiums/Claims from/to client /Insurer and ensuring resolution of Insurance queries raised:

To ensure timely delivery of the routine task expected on the accounts/portfolio assigned Ensuring highest proficient handling as per Fiduciary procedures and accuracy for the accounts assigned
Maintain minimum Productivity standard
Liaising with clients and Insurers
Debt collection and Outward credit due to the account holder.
Responsible for driving key KPI Financial metrics like unmatched cash, Income exposure, etc
Respond to queries raised within 24hours or earlier (refer any technical query to senior member for support)
Credit Control (Legacy, Collection of Inward premium, reinsurance recoveries, Inter Company Reconciliation, etc)

What is in it for you?

All benefits as per the location HR policy will be applicable

We will count on you for:

To ensure timely delivery of the routine task expected on the accounts/portfolio assigned
Expect a basic standards on accuracy and productivity
Focus on Debt collection from clients for premiums/fees and claims from markets.
Resolution of queries raised by client and Insurers including prompt response to their satisfaction.
Reconciling cash received and seeking support if technical involvement. Reconciliation fundamentals using Insurance policy details.
Ensure adherence to policies & procedures as per organization’s standards and laid out SOPs
Review of Process manual and seek clarity where required
Driving unallocated cash numbers down and escalating when you foresee a challenge
Ensuring upto date notes on outstanding revenue balances

Knowledge and Skills:

Knowledge of general Insurance principles, terminologies used, insurance process flow and ability to convincingly speak to them.
Knowledge of credit control
Advanced Excel knowledge
Basic Maths understanding

Education:

Graduate (Commerce preferable)

Eligibility:

18-36 months of experience in operations in financial services or offshore processing organizations
Knowledge of Insurance related credit control or Insurance background

What makes you stand out?

Analytical ability
Communication: Verbal as well as Written
Planning and Organizing
MS Office skills: Excel proficiency to be above basic
Precision based approach

Marsh (NYSE: MRSH) is a global leader in risk, reinsurance and capital, people and investments, and management consulting, advising clients in 130 countries. With annual revenue of over $27 billion and more than 95,000 colleagues, Marsh helps build the confidence to thrive through the power of perspective. For more information, visit marsh.com, or follow us on LinkedIn and X.

Marsh is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age, background, caste, disability, ethnic origin, family duties, gender orientation or expression, gender reassignment, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, or any other characteristic protected by applicable law.

Marsh is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office. All Marsh colleagues are expected to be in their local office or working onsite with clients at least three days per week. Office-based teams will identify at least one “anchor day” per week on which their full team will be together in person.

How we rate this

Senior Analyst - Finance & Accounting at Marsh McLennan rates 30 out of 100 for how much of the daily work is AI. That makes it Little AI (AI Level 1 of 4). The level is about AI in the job, not seniority.

Classification

Little AI. AI is not part of the work.

●●●● Builds AI80 to 100
●●●○ Works on AI60 to 79
●●○○ Uses AI40 to 59
●○○○ Little AI0 to 39

Levels come from how often the tools, models and workflows of the role are named in the posting itself. Read the description and count the AI tools, models and workflows it names.