Financial Reconciliation Expert
2 days ago
The Financial Reconciliation Expert will play a crucial role in managing the reconciliation and settlement of insurer accounts to ensure compliance with regulatory and financial standards. This position requires strong relationships with insurers, underwriters, sales teams, and finance stakeholders to address queries and meet deadlines.
Main Responsibilities- Reconcile and settle insurer accounts within agreed terms
- Liaise with Underwriting/Sales departments regarding discrepancies and resolve queries efficiently
- Maintain month-end reconciliations within set deadlines
- Promote good insurer relationships and enhance the company's reputation
- Manage petty cash fund and reconcile it accordingly
- Complete required Continuing Professional Development (CPD) to stay updated on industry trends
- Experience in a finance department with a focus on insurance account management
- Strong reconciliation skills and attention to detail
- Understanding of insurance broking/IBA accounts processes and regulations
- Proficient in Excel knowledge and ability to analyze data effectively
- Comprehension of regulatory standards and practices related to insurer credit terms
- Effective time management and organizational skills
$65,000 - $85,000 per annum, reflecting the importance of this role in ensuring the smooth operation of our insurance services.
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