Claims Payments (RTR)

Claims Payments (RTR)

Work Mode:

• Initial 9–12 months: 100% Work from Office
• Post that: Hybrid (based on process status)

Shift: Evening/Night Shift (Starts at 3 PM / 5 PM)

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Role Summary

Responsible for managing end-to-end Claims Payments processes within Accounts Payable, including accounting, reconciliations, and team management. The role requires strong expertise in RTR activities , claims payments processing, and financial controls within an insurance setup.

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Key Responsibilities

Claims Payments & RTR Activities

• Oversee claims payments processing , including settlements and adjustments
• Manage journal entries and sub-ledger closing activities
• Ensure accuracy and timeliness of all financial transactions

Reconciliations & Financial Control

• Review Balance Sheet and Bank Reconciliations
• Perform and validate variance analysis
• Ensure strong financial controls and compliance

Team Management

• Lead and manage a team, ensuring productivity and quality of deliverables
• Provide guidance, training, and performance feedback to team members
• Drive accountability and adherence to SLAs

Process & Stakeholder Management

• Ensure smooth execution of month-end close activities
• Collaborate with internal stakeholders and resolve escalations
• Drive continuous process improvements and efficiencies

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Required Skills & Expertise

• Strong experience in Claims Payments and RTR (Record to Report)
• Good understanding of financial accounting and reconciliation processes
• Ability to manage high-volume transactions and tight deadlines

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Eligibility Criteria

• Insurance experience – Mandatory
• London Market experience – Not required
• People Management experience – Mandatory