Payment Operations Associate, Insurance

Posted Yesterday
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Bengaluru, Bengaluru Urban, Karnataka
Hybrid
Junior
Fintech • Payments • Software
Delivering the most important and complex payments.
The Role
Support international payments and OSHC insurance operations by performing reconciliations, processing premiums, investigating discrepancies, managing refunds and cancellations, liaising with teams, contributing to SOPs, and supporting audits and reporting.
Summary Generated by Built In
Company Description

Are you ready to trade your job for a journey? Become a FlyMate!

Passion, excitement & global collaboration are all core to what it means to be a FlyMate. At Flywire, we’re on a mission to deliver the world’s most important and complex payments. We use our Flywire Advantage - the combination of our next-gen payments platform, proprietary payment network and vertical specific software, to help our clients get paid, and help their customers pay with ease - no matter where they are in the world.

What more do we need to truly be unstoppable? Perhaps, that is you! 

Who we are: 

Flywire is a global payments enablement and software company, delivering high-stakes, high-value payments across the global education, healthcare, travel and B2B industries and, in China, Flywire partners with licensed payment partners to provide payment services to Chinese users of the Flywire platform.

Today, we’ve digitized payments for more than 4,900+ global clients in more than 140 currencies across 240 countries and territories around the world.  And, we’re just getting started!

With over 1,200 global FlyMates, representing more than 40 nationalities, and in 12 offices world-wide, we’re looking for FlyMates to join the next stage of our journey as we continue to grow.

Job Description

The Opportunity: 

We, at Flywire, are seeking a Payment Operations Specialist to be part of the team providing finance and operational support for the international payments and health insurance businesses. Key responsibilities include, but are not limited to:

  • Assist in preparing monthly reconciliations, reporting, and variance analysis for internal stakeholders
  • Manage daily reconciliation of OSHC insurance payments (Sales & Purchase) across systems and accounts
  • Process premium payments to OSHC providers according to agreed timelines.
  • Identify, investigate, and resolve complex discrepancies, including timing differences, duplicate charges, and misapplied refunds.
  • Liaise with internal teams regarding payment status, errors, and escalations.
  • Monitor and track refunds, cancellations, and netting adjustments.
  • Identify and implement process improvements for greater efficiency and accuracy
  • Banking, sales and purchase reconciliation
  • Answering emails and help-desk tickets regarding customers' needs
  • Review and validate incoming OSHC payment files and ensure accurate allocation to student accounts
  • Work closely with the Insurer Operations team to align payment processing with policy issuance and cancellation timelines
  • Contribute to SOPs, playbooks, and training materials
  • Support internal and external audits with evidence, explanations, and documentation preparation
  • Ad-hoc research activities

Qualifications

Here’s What We’re Looking For:

  • 2+ years relevant experience in an insurance, accounting, operations or customer support focused position. Ideally in the finance industry.
  • Attention to detail
  • Strong organizational capability
  • Customer focus and proven interpersonal skills
  • Effective communication and escalation skills
  • Fluent English, written and spoken.
  • The ability to work independently, and part of a wider team
  • Bachelor degree in a finance or accounting related field

Additional Information

What We Offer:

  • Competitive compensation, including Restricted Stock Units 
  • Flying Start - Our immersive Global Induction Program (Meet our Execs & Global Teams)
  • Work with brilliant people that will keep you on your toes, learn more about their journeys by checking out #InsideFlywire on social media
  • Dynamic & Global Team (we have been collaborating virtually for years!)
  • Wellbeing Programs (Mental Health, Wellness, Yoga/Pilates/HIIT Classes) with Global FlyMates 
  • Be a meaningful part in our success - every FlyMate makes an impact
  • Competitive time off including FlyBetter Days to volunteer in a cause you believe in and Digital Disconnect Days!
  • Great Talent & Development Programs (Managers Taking Flight – for new or aspiring managers!)

Submit today and get started!

We are excited to get to know you! Throughout our process you can expect to meet with different FlyMates including the Hiring Manager, Peers on the team, the VP of the department, and a skills assessment. Your Talent Acquisition Partner will walk you through the steps and be your “go-to” person for any questions.

Flywire is an equal opportunity employer. With over 40 nationalities across 12 different offices diversity, gender equality, and inclusion are at the core of our people agenda. We believe our FlyMates are our greatest asset, and we’re excited to watch our unique culture evolve with each new hire.

#Li-Hybrid

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The Company
HQ: Boston, MA
1,200 Employees
Year Founded: 2011

What We Do

Flywire is a global payments enablement and software company. We combine our proprietary global payments network, next-gen payments platform and vertical-specific software to deliver the most important and complex payments for our clients and their customers.

Why Work With Us

Global collaboration is at the heart of what we do at Flywire. We’re excited to watch our unique culture evolve with each new FlyMate; it's our differences as individuals that make us stronger as a team. With over 30 nationalities across 11 countries, we believe our FlyMates are our greatest asset.

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Flywire Offices

Hybrid Workspace

Employees engage in a combination of remote and on-site work.

We are a remote first company, with 14 beautiful offices around the globe! There is no requirement to go into the office, however the option is there if that's what you prefer. At Flywire, we want you to chose what's best for your lifestyle.

Typical time on-site: Flexible
HQFlywire US HQ
Japan
Lithuania
Australia
Canada
Brisbane, AU
Chicago, IL
Cluj-Napoca, RO
Flywire UK
New Delhi, IN
Pune, IN
Flywire Singapore
Tel Aviv-Yafo, IL
Flywire Spain
Learn more

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