Insurance Client Money Specialist
2 days ago
£60,000 - £80,000 per annum (Remote Opportunity)
About the RoleWe are seeking an experienced Insurance Client Money Specialist to join our team. This is an excellent opportunity for a professional with a background in finance or insurance broking accounts who wants to take their career to the next level.
The successful candidate will play a crucial role in the reconciliation and management of client money, collaborating with both clients and insurance underwriters.
Main Responsibilities- Collaborating with client finance teams, client-facing broking businesses, and insurers to ensure seamless operations.
- Providing technical expertise to support the development of policies and procedures related to client money.
- Building and maintaining strong relationships with insurers through regular communication and reporting.
- Identifying areas for improvement and implementing changes to enhance operational efficiency.
- Developing and monitoring KPIs/SLAs to measure team performance.
- Creating management reports to track progress and identify areas for growth.
- Coordinating issue resolution with business units or technical teams.
- Supporting premium query resolution and tracking actions to completion.
- Strong understanding of insurance broking accounts and FSA client money rules.
- Proficiency in Microsoft Office Suite, particularly Excel, and familiarity with industry software such as Power BI, Brokersure BE/EA, and A4B.
- Strong analytical skills, with the ability to interpret financial data and provide expert advice.
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