Built on meritocracy, our unique company culture rewards self-starters and those who are committed to doing what is best for our customers.
This position is a great start and introduction to Insurance Broking Accounts with vast exposure to various businesses and insurance accounting. The position requires no previous experience and tasks include:
Provide accounting & administration support within our Client accounting team
Reconciling and settling Insurer accounts
Pay insurer accounts on a monthly basis; involves checking that client has paid, that insurer is quoting the correct premium and commission, that the account is paid according to our terms of payment with each insurer, and in compliance with FCA regulations
Check each insurer account at the beginning of each month for long outstanding credits or debits and bring to the attention of the relevant account handler
Organise payment for each insurer online by BACS
Cash accounting work - Posting of client payments; cash, credit cards, internet and BACs payments – For Hedron connect and broking desk only
Raise queries and maintain logs for unallocated cash receipts
Issue premium refunds to clients
Reconciliation of IBA bank account
Perform due diligence on insurer/client/third party payments
Monitor client receipts including cheque logs to confirm timeliness of banking
Prepare list of 3rd party payments made
Production of earned income payments as per the allocated schedule
Run system month ends and ad-hoc system reports
Whilst no previous experience is required, we will look for the following in candidates:
Customer Focused
Achieving and Delivery
Working Collaboratively
Working with Integrity
Continuous Improvement & Change
Building Capability
We are an Equal Opportunity Employer. We take pride in the diversity of our team and seek diversity in our applicants.
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