Willis Towers Watson Advisor Interview Questions and Answers

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Q1. What do you know about wtw?
Ans. 
WTW is a global company providing risk management and insurance brokerage services.
• WTW stands for Willis Towers Watson.

• It is a leading global advisory, broking, and solutions company.

• They help clients turn risk into a path for growth.

• WTW operates in over 140 countries.

• Services include insurance brokerage, reinsurance, and consulting.
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Q2. Why you want to join wtw?
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Q1. Where do you see yourself in 5 years
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Q2. I have enjoyed guiding my colleagues in my previous job hence I would likely be comfortable with working with my colleagues and training them and specialising in a process and better it with everyone else
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Q1. Related to experience.
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Q2. Related to career gap.
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Q1. Related to experience.
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Q2. Hybrid culture.
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Q3. Career gap related questions.
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Q1. How to account if payment of expenses is more than a amount accrued?
Ans. 
If expenses exceed accrued amount, adjust the accounts by debiting expenses and crediting accrued expenses.
• Debit the expenses account to reflect the actual amount paid

• Credit the accrued expenses account to reduce the amount accrued

• The difference between the payment and the accrued amount will be recorded as an expense in the income statement

• Adjust the accounts to ensure accurate financial reporting
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Q2. How to do true up of expenses in our books
Ans. 
Trueing up expenses involves reconciling actual expenses with recorded expenses in the books.
• Review all expenses recorded in the books

• Compare them with actual expenses incurred

• Make adjustments for any discrepancies found

• Ensure all expenses are accurately reflected in the books

• Document the true-up process for future reference
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