Broker Finance Assistant

2 weeks ago


Glasgow, Glasgow City, United Kingdom Verastar Limited Full time

Role Profile (The purpose of the role)


Working within the Finance team this role plays a key part within the company group, keeping it running smoothly and efficiently.


The role will ideally suit an individual who is seeking an opportunity to join a dynamic growing business and is looking to develop their skills to forward their career.


Scope of role (The functions, people and revenue responsibility)

Direct Reports:
None.

Reports to:
Broker Finance Manager

Responsibilities of the role (What we want you to do)

  • Daily reconciliations of customer payments against company internal system checking all details are correct before agreeing and updating our system
  • Monthly Reconciliations of customer and insurer accounts against company internal system checking all details are correct before agreeing and updating our system
  • Ensuring all Direct Debit funding is allocated and reconciled on our Direct Debit facility
  • Setting up loans where required or processing amendments and ensuring all amounts and payments reconcile.
  • Sending statements and chasing outstanding policies for reconciliation
  • Sending out weekly statements to customers and chasing up outstanding debt
  • Assisting with recording and reconciliation of our client monies
  • Resolving any accounts queries that arise from insurer statements and daily payments

Success Measures (What success in the role looks like)

  • Achieve all daily and monthly targets in a consistent manner
  • Ensure insurer statements are reconciled within agreed time scales
  • Operate within FCA guidelines for client monies, minimising compliance risks
  • Maintain a positive relationship with Insurers.

Experience (What you need to have already done to be right for this role)

  • Experience of juggling tasks and prioritising
  • Experience of working in a fastpaced environment.
  • Solid work history within administration; essential.

Skills (The personal capabilities needed to excel in this role)

  • Methodical and organised
  • Be able to take responsibility for your tasks and deliver to deadlines without prompting
  • Accurate with excellent attention to detail
  • Good written and verbal communications skills, with an ability to adapt communication styles to suite individual employees and team managers
  • Determined and decisive; uses initiative to meet and resolve challenges

Qualifications and other requirements

  • IT literate, with knowledge of the effective use of Microsoft (Word, excel PowerPoint), essential
  • Proven track record of seeing an issue through to resolution, essential.
  • Industry experience: Within finance or Insurance, preferred, but not essential.
  • Location: Within commuting distance of TIO HQ, Sale or Manchester; essential.


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