Senior Insurer Accounts Reconciliation Executive
6 months ago
**Senior Insurer Accounts Reconciliation Executive - Leeds - ARD919569**
- Depending experience, the first few weeks may require 5 days per week in the Leeds office. After training, if required, this is a hybrid role that will require 2 days in the office and the rest of the time will be working remotely. Later in the year, the role will move to the Leeds office._
**Purpose of the Role**
This exciting opportunity has arisen to join a growing Client Money Team within our Broker Network business. You will be responsible for the accurate reconciliation of our members’ Insurer accounts to their broking systems in accordance with FCA regulations, Insurer requirements, Member requirements and internal procedures, mentoring more junior members of the team and covering for the team leader during periods of leave. It is essential that this role ensures exceptional customer service and CASS compliance is maintained at all times.
**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:
- Reconciliation of Accounts for allocated members in accordance with the member’s supplementary agreement and to the insurer’s credit terms.
- Accurate reconciliation of our members’ Insurer Statements to their broking systems in accordance with FCA CASS regulations and Client Money Service level agreements as required to support the client account reconciliation team.
- Action and resolve queries effectively that may arise from insurer payments, insurer reconciliations or the cashbook reconciliations in accordance with customer and internal SLAs.
- Capture all instances of breaches of FCA CASS rules and internal procedures within the internal audit document and awareness of any unusual activity.
- Detailed understanding of internal procedures and the relevant CASS 5 rules.
- Identification and prevention, where possible, of CASS breaches.
- Interpret / input data from daily, weekly and monthly reports.
- Guide and mentor other Reconciliation Executives on the team.
- Provide cover for the Team Leader during times of absence.
**Who we are looking for**
Ideally, we are looking for someone from an FCA regulated environment, preferably insurer or broker so you have an understanding of insurance broking systems but an absolute must is an Accounts background, particularly reconciliation. Experience mentoring or team leadership experience would be desirable.
This is an opportunity for a detailed orientated, organised, proactive individual with the ability to communicate clearly and effectively by all mediums, both internally and externally and who can process high volumes quickly and accurately. You must be competent using Excel and Outlook and be able to learn new systems quickly. We need a customer focused individual who thrives on providing an exceptional service to customers by working on their own and as part of a team.
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
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
So if this sounds like you, and you are looking for a new challenge where you can learn and develop your career, then this could be a great opportunity for you.
**Job Types**: Full-time, Permanent
**Benefits**:
- Company pension
- Health & wellbeing programme
- Life insurance
- Referral programme
- Store discount
Schedule:
- Monday to Friday
Ability to commute/relocate:
- Leeds: reliably commute or plan to relocate before starting work (required)
Application question(s):
- What are your salary expectations?
- On what basis are you authorised to work in the UK?
- Do you have accounts experience in an FCA regulated market?
Work authorisation:
- United Kingdom (required)
Work Location: Hybrid remote in Leeds
Reference ID: ARD919569
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