Finance Remediation Analyst

18 hours ago

Leeds, United Kingdom The Ardonagh Group Full time

Purpose of the Role


This exciting hybrid opportunity has arisen to join one of our Finance teams in Leeds to address and resolve Legacy items across a wide range of work-streams but specific to a system shut down project. You will work with other branches, insurers and finance personnel for the clearance of debtor, creditor, DTI, bank reconciliation and unallocated cash items enabling the closure of the PAS and related bank accounts.


This is a hybrid opportunity requiring 2 days per week in the office in Leeds. The first couple of weeks may require 5 days per week in the office for training.


What you will do


This is an overview and not an exhaustive list of responsibilities. Collaborating with your Line Manager, you will develop your own objectives but focus on all of the following and more.


1. Understand key processes across the IBA Operations function in order to support multiple work streams, including but not limited to:


· Client Cash receipt and allocation (Client and Agent Level)

· Insurer Receipts allocation

· Insurer Settlement / Reconciliation

· Payment Processes

· Understanding of Bank Reconciliation

· Direct to Insurer

· Internal Debt

· Credit Write Backs

· Office Account Transfer

· Systems Runoffs

· Claims Reconciliations


2. Be able to work all aspects of PAS processing (as training and licenses permit).

3. Be able to understand and report back of issues found, with follow-up activities as necessary.

4. Understand the impact of any actions taken outside of BAU process and ensure communicated effectively to interested parties and stakeholders.



Who we are looking for


This is an opportunity for a talented, dynamic individual, with strong financial skills and some experience in a financial/accounts team working with different types of ledgers, ideally but not essentially in an insurance market. We are looking for someone has:


  • Attention to detail
  • Excellent organisational skills
  • Initiative, an enquiring mind and is proactive
  • The mindset to be adaptable, embrace change and respond positively
  • Strength to work under pressure
  • Skills to build relationships and influence stakeholders, working with integrity and confidentiality.



In return you will be welcomed and supported by our Ardonagh family and be joining an organisation that cares about you as a person and your wellbeing. Some of the other benefits are:


  • Holiday entitlement of 26 days plus bank holidays
  • Opportunity to progress your career across the entire Ardonagh family
  • Pensions scheme for when you feel it’s time to retire
  • 24-hour support for physical and mental wellbeing
  • 1 days paid volunteering day to give back to our communities
  • The Spotlight Awards, where we shine a light on the brightest talent across our group


We offer genuine potential for both personal and professional development, come and be part of our story and help us shape our future. So, what are you waiting for? Apply today and one of our team will be in touch.


Ardonagh Group is an equal opportunities employer, and we are committed to a working environment that is free from discrimination, is inclusive, and empowers our people to bring their whole self to work and reach their full potential.


If your application is successful, we will conduct relevant employment checks prior to you beginning employment with us. These will include verifying your recent employment, address, credit history and a standard criminal record check.


Please note: We may close a vacancy prior to the publish end date if the required quality or number of applications has been received. No agencies please.


Why not check us out on LinkedIn to find out what life’s really like at Ardonagh.


The Ardonagh Group is one of the UK’s largest independent brokers with over 9000 dedicated and passionate professionals across the country, and worldwide, facing and dealing with our clients’ challenges, offering an enviable range of products, services and solutions to their clients. We are progressive, passionate and proud of the work we do, across all sectors of the business. Therefore, we need highly capable people to join our team to make this a reality

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