Fiduciary Account Coordinator
Marsh & McLennan Companies 235 reviews - Iowa City, IA

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Mercer is a global consulting leader in talent, health, retirement and investments. Mercer helps clients around the world advance the health, wealth and performance of their most vital asset – their people. Mercer's 20,000 employees are based in more than 40 countries. If you thrive on challenge, are passionate about ideas, love solving problems and truly enjoy connecting with people, we encourage you to explore the hundreds of job opportunities available through Mercer. Our core strengths place Mercer in a unique position to help our clients achieve the extraordinary - and extraordinary results require extraordinary people. Mercer is a wholly owned subsidiary of

Marsh & McLennan Companies

(NYSE: MMC), a global team of professional services companies offering clients advice and solutions in the areas of risk, strategy and human capital.

The Fiduciary Coordinator is responsible for the monthly carrier premium and eligibility reconciliation's to Mercer's proprietary billing and eligibility platform.

This position is also responsible for the maintenance and financial reporting of each client’s disbursements and receipts with Mercer’s





To fulfill this role, the Fiduciary Coordinator will:
Reconcile all carrier/vendor invoices monthly for each client assigned.

Prepare and request payment remittances in accordance with each vendor’s due dates and remittance requirements.

Responsible for i

dentifying, tracking, and resolving discrepancies between system eligibility and vendor eligibility.

Review Fiduciary Reconciliation's performed by the NAC each month and resolve outstanding issues. M

onitor, record and balance all cash received and disbursements for assigned client groups. Prepare financial reports and submit to NAC for review.

Configure billing rules at Implementation or benefit renewal for clients utilizing the Benefits Enrollment Platform.

Run reports and create monthly client bills.

Liaise with other internal Mercer Administration employees to provide timely carrier resolution


Bachelor’s degree or equivalent related education and work experience

1 - 2 years related industry experience preferred (accounting or billing, financial analysis)

Time management and organizational skills

Strong oral and written communication skills

Advanced knowledge of Excel, Word and Outlook required

Marsh & McLennan Companies offers competitive salaries and comprehensive benefits and programs including: health and welfare, pension and 401K, employee assistance program, domestic partnership benefits, career mobility, employee network groups, volunteer opportunities, and other programs. For more information about our company, please visit us at:

. We embrace a culture that celebrates and promotes the many backgrounds, heritages and perspectives of our colleagues and clients. For more information, please visit us at:



Client Service

Primary Location

US-IA-Iowa City

Marsh & McLennan Companies and its Affiliates

are equal opportunity employers

About this company
235 reviews
Marsh & McLennan Companies is a global professional services firm providing advice and solutions in the areas of risk, strategy and human...