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- Tasks: Support our Client accounting team with various accounting and administration tasks.
- Company: Join Hedron Holdings, part of Brown & Brown Insurance, where meritocracy drives success.
- Benefits: Enjoy a supportive environment with opportunities for growth and development.
- Why this job: Kickstart your career in insurance broking with hands-on experience and a collaborative culture.
- Qualifications: No previous experience needed; just bring a customer-focused attitude and a willingness to learn.
- Other info: We celebrate diversity and are committed to equal opportunities for all applicants.
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.
Client Money Handler employer: Brown & Brown Europe
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 show your proactive attitude and readiness to learn.
✨Tip Number 2
Demonstrate your customer-focused mindset 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.
✨Tip Number 3
Research Hedron Holdings Limited and the Brown & Brown Insurance group to understand their culture and values. Tailoring your conversation during interviews to reflect their meritocratic environment can help you stand out.
✨Tip Number 4
Network with current or former employees on platforms like LinkedIn. They can provide insights into the company culture and the role, which can be invaluable when preparing for interviews.
We think you need these skills to ace Client Money Handler
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
✨Show Your Customer Focus
Since the role emphasises customer focus, be prepared to discuss how you've prioritised customer needs in past experiences. Even if you lack direct experience, think of examples from your studies or volunteer work where you went the extra mile for someone.
✨Demonstrate Your Collaborative Spirit
Hedron Holdings values teamwork, so highlight any group projects or team activities you've been involved in. Talk about how you contributed to the team's success and how you handle differing opinions within a group.
✨Emphasise Your Integrity
Integrity is crucial in finance roles. Be ready to share instances where you had to make ethical decisions or maintain transparency in your actions. This will show that you align with their company values.
✨Prepare for Questions on Continuous Improvement
Think about times when you've identified a problem and suggested a solution, whether in a job, school project, or personal endeavour. This will demonstrate your proactive attitude and willingness to improve processes, which is key for this position.
