Jyothi Iyer
Dubai
Summary
As a results-driven finance professional, I bring over a decade of specialized experience in fiduciary services, credit control, and financial management. My career is marked by a proven track record in risk assessment, regulatory compliance, and enhancing financial operations to maximize profitability. With a keen ability to manage high-value portfolios, I excel at mitigating credit risks and fostering sound financial decision-making. I am eager to apply my extensive expertise to contribute to a dynamic financial environment.
Overview
15
15
years of professional experience
Work History
Assistant Vice President - Fiduciary Operations
MARSHMCLENNAN
01.2024 - Current
- Managed fiduciary responsibilities including asset management, credit control, and regional financial reporting.
- Optimized credit control processes to enhance cash flow and mitigate financial risks.
- Led credit control strategies, reducing aged outstanding receivables.
- Developed financial models to support investment decisions and credit risk assessment.
- Streamlined the fiduciary operations model for Consulting Business of Marsh Advisory.
- Ensured regulatory compliance and KYC compliance with international financial standards.
- Collaborated with internal and external auditors for seamless audit execution.
- Insurer and Interoffice Reconciliation and Revenue Collection.
- Collaboration with Central of Excellence team for the smooth integration of Fiduciary process.
- Preparing and Analysing month-end financial reports for management review.
- Negotiated favourable credit terms with stakeholders, minimizing risk exposure.
- Managed escalations from clients and insurers, resolving disputes efficiently.
- Ensured timely claims settlements to the clients.
Specialist - Credit Control and Fiduciary Operations
MARSHMCLENNAN
01.2020 - 12.2023
- Developed and maintained Aging Analysis Reports for outstanding clients.
- Reconciled Statements of Account with insurers and ensured timely commission collection.
- Processed payments to insurers and provided precise payment allocation details.
- Managed the Unmatched Cash and Bank reconciliations.
- Generating financial statements and facilitated account-closing procedures each month.
- Assisted underwriting teams in policy renewals and claims release coordination.
- Interoffice Collection & Reconciliation.
- Handled global intercompany payment collections and reconciliation.
- Managed receivable/payable accounts for inter-group companies, ensuring accuracy and timely settlements.
Senior Executive - Credit Control
JARDINE LLOYD AND THOMPSON, INSURE DIRECT BROKERS LLC
07.2015 - 12.2019
- Sending across of Statement of Account to the client and follow up on payment.
- Sending across the monthly ageing reports to the Account Executives & Account Managers and meeting them on a monthly basis to get an update on the payment status for their clients.
- Providing Balance Confirmation Letter for audit requirements as and when requested by the clients.
- Regular Interaction with the clients and Insurance Companies.
- Posting and Allocation of payments received from the clients through cheque, cash and bank transfer.
- Statement of Account Reconciliations.
- Reviewed files, records and other documents to obtain information and respond to client requests.
- Providing operational support for high-volume financial institutions.
- Managed a team of credit control staff, ensuring high performance and adherence to company standards.
- Negotiated payment plans with delinquent accounts while maintaining positive customer relationships.
- Conducted detailed credit risk assessments for new and existing customers to support business growth.
Specialist - UK Market
WILLIS PROCESSING SERVICES (INDIA) PVT LTD
11.2009 - 11.2012
- Analysis and review of client loss data related to any Class of business like Motor, Aviation claims, Workman Compensation, Property, Professional Indemnity etc.
- Cleansing the client loss claims data in a prescribed and structured format.
- Uploading of data to Data Management Tool (DMT is a database in SQL).
- Regular interaction with the UK counterparts pertaining to claims.
- Making Underwriting Submission for all class of Business as per the client needs.
- Preparing Management Information (MI) reports to be sent to UK.
- Preparing and editing the work flow in SharePoint.
- Extensive research and analysis of the Companies listed on the NYSE.
- Generating reports on the analysis using the data from Company websites, Yahoo Finance, Google Finance and 10-K (Annual Report filed by the US Companies).
- It also includes Strategic Planning, Research and Development, Enterprise Management, Customer Service Development, Document Control, Project Coordination etc pertaining to company analysis, Insurance claims and clientele on project-to-project basis.
Education
MBA - Finance and Insurance
WELINGKAR INSTITUTE OF MANAGEMENT
Bachelors of Management Studies - Finance
MUMBAI UNIVERSITY
Skills
- Financial Analysis and Data interpretation
- ERP & Financial Systems (SAP, EZY INSURE, SHAREPOINT, NAVINS)
- Advanced Excel & Powerpoint expertise
- Global data reporting proficiency
Accomplishments
· Possibility Global Award 2023 IMEA – Star Performer of the year at Marsh.
· A standout performance rating for the consecutive 5 years at Marsh.
· Awarded Chairman Medallion Honor by the Willis Chairman's Council and CEO (UK) for relentlessly delivering quality client service.
LANGUAGES
ENGLISH
Bilingual or Proficient (C2)
HINDI
Bilingual or Proficient (C2)
TAMIL
Bilingual or Proficient (C2)
MALAYALAM
Intermediate (B1)
Marathi
Bilingual or Proficient (C2)
• Possibility Global Award 2023 IMEA – Star Performer of the year .
Global Recognition for Top Performer in MENA Region.
Timeline
Assistant Vice President - Fiduciary Operations
MARSHMCLENNAN
01.2024 - Current
Specialist - Credit Control and Fiduciary Operations
MARSHMCLENNAN
01.2020 - 12.2023
Senior Executive - Credit Control
JARDINE LLOYD AND THOMPSON, INSURE DIRECT BROKERS LLC
07.2015 - 12.2019
Specialist - UK Market
WILLIS PROCESSING SERVICES (INDIA) PVT LTD
11.2009 - 11.2012
MBA - Finance and Insurance
WELINGKAR INSTITUTE OF MANAGEMENT
Bachelors of Management Studies - Finance
MUMBAI UNIVERSITY
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