Job Description
Accounting and Settlement
Mumbai, IN
May 25, 2026
About Willis Towers Watson:
Willis Towers Watson (NASDAQ: WLTW) 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 45,000 employees serving more than 140 countries and markets.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.
Role : Accounting and Settlement
Designation : Advisor
Shift Timings: Day Rotational (6.30 am to 3.30pm and 2.30pm to 10.30pm)
Location: Thane
Reporting to: Business Support Team Supervisor/Assistant Manager/Manager
Principal Duties and Responsibilities
Operational Delivery:
Processing payment requests in compliance with financial policies and procedures
Conduct reconciliation of incoming & outgoing statements for Clients/ Carriers and maintain up to date records on operating system
Perform daily cash management duties, which includes posting of cash to the ledgers, conducting investigation and ensuring appropriate allocation of funds within agreed SLA
Prompt escalations of identified discrepancies to front end team
Manage ledger maintenance requests on daily basis and update records of the actions taken on the operating system
Managing document & backup requests from the customers within agreed timelines
Maintain vigilance and responsiveness to urgent activity, ensuring appropriate escalation to the line manager for unresolved queries.
Ensure adherence to Group policies and procedures & Willis Insurance Essentials
Escalate errors and incidents to the Line Manager and operate within the guidelines of internal and external regulators
Proactively support key initiatives that have been delivered to implement change
Participate and contribute in team huddles & team meetings
Skills:
Sound communication skills – Use of clear business English to enable effective direct communication (Verbal/Written) with stakeholders.
Good understanding of account receivable and payable processes
High degree of accuracy and attention to detail
Ability to learn new processes and systems
Ability to switch & prioritize multiple tasks as per requirement
Proficiency in MS Office Applications.
Ability to learn new processes and systems
Ability to switch & prioritize multiple tasks as per requirement
Proficiency in MS Office Applications.
Core Task List – Payment & Ledger maintenance team
Raising payments
Overrides related to payments
Bank Details Loading (Entity transfers)
Internal Notes for payments, journals & contras
Value date confirmation to clients/carriers (Copying in Requestor)
Funding activity related to payments
Email Management/Service Hub Management
Action daily outstanding cash report
Action journal, write off/write on’s, cash transfers, deal currency
Query Management (Internal – within WTW)
Cleared funds checks
Third party and Scorecard Approvals, Sanctions, & KYC checks
Claims payable report review & action
Action Cancel & Replace review and allocations
Core Task List – Cash Receipt Team
Cash encoding & investigation
Unidentified cashes review & action
Overrides related to receipts
Internal Notes for remittance advice & outstanding cashes
Email Management/Service Hub Management
Action cash transfers, deal currency, write off & write on’s related to cash receipts
Query Management (Internal – within WTW)
Action daily outstanding cash report
Sanctions, & KYC checks
Experience:
Experience in relevant industry preferred
Qualification:
Minimum Bachelor’s degree required (Open to all streams)
Mumbai, IN
May 25, 2026
About Willis Towers Watson:
Willis Towers Watson (NASDAQ: WLTW) 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 45,000 employees serving more than 140 countries and markets.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.
Role : Accounting and Settlement
Designation : Advisor
Shift Timings: Day Rotational (6.30 am to 3.30pm and 2.30pm to 10.30pm)
Location: Thane
Reporting to: Business Support Team Supervisor/Assistant Manager/Manager
Principal Duties and Responsibilities
Operational Delivery:
Processing payment requests in compliance with financial policies and procedures
Conduct reconciliation of incoming & outgoing statements for Clients/ Carriers and maintain up to date records on operating system
Perform daily cash management duties, which includes posting of cash to the ledgers, conducting investigation and ensuring appropriate allocation of funds within agreed SLA
Prompt escalations of identified discrepancies to front end team
Manage ledger maintenance requests on daily basis and update records of the actions taken on the operating system
Managing document & backup requests from the customers within agreed timelines
Maintain vigilance and responsiveness to urgent activity, ensuring appropriate escalation to the line manager for unresolved queries.
Ensure adherence to Group policies and procedures & Willis Insurance Essentials
Escalate errors and incidents to the Line Manager and operate within the guidelines of internal and external regulators
Proactively support key initiatives that have been delivered to implement change
Participate and contribute in team huddles & team meetings
Skills:
Sound communication skills – Use of clear business English to enable effective direct communication (Verbal/Written) with stakeholders.
Good understanding of account receivable and payable processes
High degree of accuracy and attention to detail
Ability to learn new processes and systems
Ability to switch & prioritize multiple tasks as per requirement
Proficiency in MS Office Applications.
Ability to learn new processes and systems
Ability to switch & prioritize multiple tasks as per requirement
Proficiency in MS Office Applications.
Core Task List – Payment & Ledger maintenance team
Raising payments
Overrides related to payments
Bank Details Loading (Entity transfers)
Internal Notes for payments, journals & contras
Value date confirmation to clients/carriers (Copying in Requestor)
Funding activity related to payments
Email Management/Service Hub Management
Action daily outstanding cash report
Action journal, write off/write on’s, cash transfers, deal currency
Query Management (Internal – within WTW)
Cleared funds checks
Third party and Scorecard Approvals, Sanctions, & KYC checks
Claims payable report review & action
Action Cancel & Replace review and allocations
Core Task List – Cash Receipt Team
Cash encoding & investigation
Unidentified cashes review & action
Overrides related to receipts
Internal Notes for remittance advice & outstanding cashes
Email Management/Service Hub Management
Action cash transfers, deal currency, write off & write on’s related to cash receipts
Query Management (Internal – within WTW)
Action daily outstanding cash report
Sanctions, & KYC checks
Experience:
Experience in relevant industry preferred
Qualification:
Minimum Bachelor’s degree required (Open to all streams)
💡 Quick Summary
Seeking a career-building opportunity? The Accounting and Settlement position is now open for candidates interested in the Bank Jobs sector. This role in Mumbai offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.
