Senior Accounts and Settlement Technician
Posted 1 day 5 hours ago by This is an IT support group
Permanent
Not Specified
Other
Essex, Witham, United Kingdom, CM8 1
Job Description
Our Client Support Services department have an opportunity for a Senior Fiduciary Technician to work in the Facultative Team. This is available on a hybrid basis, offering home working for 2 days, with the other 3 days based in our office in Witham.
As a Fiduciary Technician, you will be securing agreement and settlement of balances with our Clients or markets. Handling & allocating payments and receipts for your own clients which includes unique lines of business, programme structures and reinsurance reporting requirements.
What can you expect?- Work with Reinsurance professionals across Witham and London.
- Gain significant experience of working within a technical capacity for a Broker.
- Apply your experience and further development within a role that's truly progressive.
- Be part of a global business that works with clients of all sizes to define, design and deliver innovative solutions to better quantify and manage risk.
- Take responsibility for own workload, including where necessary definition of cases and associated issues.
- Work with a high degree of autonomy in relation to more routine aspects, liaising effectively with senior colleagues where guidance or escalation is required.
- Partner with the Operations Specialists to support with root cause analysis and develop improved processes, protocols, and behaviours to improve outcomes in the future.
- Utilise knowledge of processing of premiums and/or loss transactions and associated cash follow up, plus the application and disbursement of funds due.
- Liaise effectively with Client Service Support and Guy Carpenter client facing colleagues where necessary to ensure a coordinated approach is taken.
- Develop and maintain clear working papers supporting investigative work undertaken and/or methodologies used to support conclusions or proposals to senior management.
- Support wider CSS activities where required, including but not limited to quarter review of potential financial exposures, delivery of key performance targets or other significant business objectives.
- Duties to support client base include transactional processing, follow up and securing reinsurance recoveries, collateral and timely and accurate system entry of all assigned client activity.
- Accounts & Settlement knowledge.
- Knowledge of currency transactions and Re/insurance concepts and principles, laws and regulatory requirements (i.e, FCA).
- Track record of successful client account management, relationship management, engagement and development.
- Successful management of workload; able to manage expectations of all clients and stakeholders.
- Data management and analytical skills.
- A strong client focus and good at problem solving to reconcile and unravel payment queries.
- Experience of Insurance or Reinsurance accounting and settlement activities.
- Knowledge of Bureau markets.
- Exposure to working with currencies.
- Having provided guidance by mentoring and/or training colleagues.
- We help you be your best through professional development opportunities, interesting work and supportive leaders.
- We foster a vibrant and inclusive culture where you can work with talented colleagues to create new solutions and have impact for colleagues, clients and communities.
- Our scale enables us to provide a range of career opportunities, as well as benefits and rewards to enhance your well-being.