Client Money Handler

Client Money Handler

Milton Keynes Entry level 28800 - 43200 £ / year (est.) No home office possible
B

At a Glance

  • Tasks: Join our Client accounting team and support with payments, reconciliations, and cash accounting.
  • Company: Hedron Holdings Limited is part of Brown & Brown Insurance, thriving on meritocracy and teamwork.
  • Benefits: Enjoy a supportive environment with opportunities for growth and development in the insurance sector.
  • Why this job: Kickstart your career in insurance broking with hands-on experience and a vibrant company culture.
  • Qualifications: No previous experience needed; just bring a customer-focused attitude and a willingness to learn.
  • Other info: We value diversity and are committed to creating an inclusive workplace for all.

The predicted salary is between 28800 - 43200 £ per year.

You are applying for a job at Hedron Holdings Limited. We are part of Brown & Brown Insurance group. Built on meritocracy, our unique company culture rewards self-starters and those who are committed to doing what is best for our customers. Our people make all the difference in our success. We are a meritocracy, where teammates are rewarded on their performance and achievement of goals. A proactive and entrepreneurial attitude thrives in our environment by having the freedom to pursue opportunities, while having the support of a national organization.

This position is a great start and introduction to Insurance Broking Accounts with vast exposure to various businesses and insurance accounting. The position requires no previous experience and tasks include:

  • Provide accounting & administration support within our Client accounting team
  • Reconciling and settling Insurer accounts
  • Pay insurer accounts on a monthly basis; involves checking that client has paid, that insurer is quoting the correct premium and commission, that the account is paid according to our terms of payment with each insurer, and in compliance with FCA regulations
  • Check each insurer account at the beginning of each month for long outstanding credits or debits and bring to the attention of the relevant account handler
  • Organise payment for each insurer online by BACS
  • Cash accounting work - Posting of client payments; cash, credit cards, internet and BACs payments – For Hedron connect and broking desk only
  • Raise queries and maintain logs for unallocated cash receipts
  • Issue premium refunds to clients
  • Reconciliation of IBA bank account
  • Perform due diligence on insurer/client/third party payments
  • Monitor client receipts including cheque logs to confirm timeliness of banking
  • Prepare list of 3rd party payments made
  • Production of earned income payments as per the allocated schedule
  • Run system month ends and ad-hoc system reports

Whilst no previous experience is required, we will look for the following in candidates:

  • Customer Focused
  • Achieving and Delivery
  • Working Collaboratively
  • Working with Integrity
  • Continuous Improvement & Change
  • Building Capability

We are an Equal Opportunity Employer. We take pride in the diversity of our team and seek diversity in our applicants.

B

Contact Detail:

Brown & Brown Europe Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Client Money Handler

✨Tip Number 1

Familiarise yourself with the basics of insurance accounting and the specific tasks mentioned in the job description. Understanding terms like 'reconciliation' and 'IBA bank account' will help you speak confidently about your knowledge during the interview.

✨Tip Number 2

Showcase your customer-focused attitude by preparing examples of how you've successfully resolved issues or improved processes in previous roles. This aligns well with the company's emphasis on customer satisfaction and collaboration.

✨Tip Number 3

Research Hedron Holdings Limited and the Brown & Brown Insurance group to understand their company culture and values. Being able to discuss how your personal values align with theirs can set you apart from other candidates.

✨Tip Number 4

Prepare thoughtful questions about the role and the team dynamics. Asking insightful questions shows your genuine interest in the position and helps you assess if the company is the right fit for you.

We think you need these skills to ace Client Money Handler

Attention to Detail
Customer Focused
Basic Accounting Knowledge
Reconciliation Skills
Cash Handling Skills
Communication Skills
Problem-Solving Skills
Time Management
Ability to Work Collaboratively
Understanding of FCA Regulations
Proficiency in Microsoft Excel
Organisational Skills
Adaptability
Data Entry Skills

Some tips for your application 🫡

Understand the Role: Before applying, make sure you fully understand the responsibilities of a Client Money Handler. Familiarise yourself with tasks such as reconciling accounts and processing payments, as this will help you tailor your application.

Highlight Relevant Skills: Even if you lack direct experience, emphasise transferable skills such as attention to detail, customer service, and teamwork. Mention any relevant coursework or projects that demonstrate your ability to handle financial tasks.

Craft a Strong Cover Letter: Use your cover letter to express your enthusiasm for the role and the company. Discuss how your values align with their meritocratic culture and your eagerness to contribute to their success.

Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial for the role.

How to prepare for a job interview at Brown & Brown Europe

✨Understand the Company Culture

Familiarise yourself with Hedron Holdings Limited and its parent company, Brown & Brown Insurance group. Emphasise your alignment with their meritocratic culture and how you can contribute to a customer-focused environment.

✨Showcase Your Proactive Attitude

Highlight any experiences where you've taken initiative or solved problems independently. This will resonate well with their emphasis on self-starters and entrepreneurial spirit.

✨Prepare for Technical Questions

Even though no previous experience is required, be ready to discuss basic accounting principles and insurance terminology. This shows your willingness to learn and adapt to the role.

✨Demonstrate Teamwork Skills

Since the role involves working collaboratively, prepare examples of how you've successfully worked in teams. Discuss how you value integrity and continuous improvement in a team setting.

Client Money Handler
Brown & Brown Europe
B
  • Client Money Handler

    Milton Keynes
    Entry level
    28800 - 43200 £ / year (est.)

    Application deadline: 2027-06-13

  • B

    Brown & Brown Europe

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