Job Description

Key duties include:

• Matching ledger entries to cash receipts (through online bank account review) to ensure correct amounts received and by settlement due date.
• Matching cash receipts to ledger entries (identifying individual cash items from block payments) to ensure correct amounts received and by settlement due date.
• Utilisation of electronic messaging to promote E-Accounting principles.
• Preparation of cash payment refunds for Finance sign-off.
• Raising claim payments to client bank account.
• Direct Debit processing (BACS and SEPA) for UK and Europe.
• Supporting Coverholder Operations team in their preparation of LPANs which accompany the bordereaux and ensure these are processed in accordance with internal service level agreements. To resolve any queries arising from in conjunction with underwriting/finance staff on a timely basis. 
• Monthly bank reconciliations highlighting and recording transaction movements, and raising with Finance to ensure process is consistent.
• Preparation, checking and issuance of Paid Premium Bordereaux on a monthly / quarterly basis for onward transaction processing. To ensure any discrepancies are identified and remediated on a timely basis.
• Preparation and issuance of broker statements.
• Preparation and issuance of monthly Broker Brokerage Remittances.
• Management, tracking and oversight of cancellation process.
• Management and oversight of Direct Debit payment methods (BACS and SEPA).
• Collation and issuance to Finance on the monthly status of all aged debt balances by Broker.
• Effectively communicate and report progress and escalate issues as required to senior management.

You will be rewarded with a market leading benefits package including free train or bus travel costs. Free lunch, gym membership, first class pension and bonus.

Required Knowledge, Skills, and Abilities