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Operations Assistant

2 months ago

london city of london, United Kingdom Bunn Abbott Consulting Full time
About the Role

We are seeking a highly skilled and experienced Operations Assistant - Cash Contractors to join our team at Bunn Abbott Consulting. As a key member of our cash management team, you will be responsible for ensuring the smooth operation of our reinsurance transactions across multiple balance sheets.

Key Responsibilities
  • Booking and applying/matching of cash receipts and disbursements in reinsurance accounting system
  • Processing of all financial account messages
  • Working with technical/claims teams to resolve issues whereby cash cannot be allocated to accounts
  • Monitor accounts receivable and reports for overdue accounts (e.g. 60, 90 and 120 days) and follow up on all overdue accounts on a timely basis.
  • Review cash in suspense balances and follow up on a timely basis
  • Preparation and analysis of AR gross up
  • Liaise with brokers/coverholders and clients to resolve aged debt issues.
  • Management of all intercompany payments and receipts.
  • Provide regular updates to team and manager
  • Assist in creating efficiencies and value creation (review existing processing and propose updates/changes as appropriate)
  • Participate in any special projects or ad hoc tasks that may be required by either Internal or external parties.
  • Ensure all functions are carried out with a high degree of quality, in a timely manner.
Requirements
  • Approximately 4 years + experience ideally in Credit Control, Cash Management or Finance gained in a Re/Insurer.
  • Strong Microsoft Excel skills & the ability to pick up new systems quickly.
  • We are seeking candidates with excellent Problem Solving, analytical, organisational and written and verbal communication/relationship building skills.