Leave us your email address and we'll send you all the new jobs according to your preferences.

Senior Accounts and Settlement Technician

Posted 13 hours 11 minutes 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.
We will rely on you to:
  • 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.
What you need to have:
  • 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.
What makes you stand out:
  • 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.
Why join our team:
  • 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.
Email this Job