At a Glance
- Tasks: Manage partner settlements, reconcile accounts, and support cash application processes.
- Company: Join Cover Genius, a fast-growing insurtech with a diverse global team.
- Benefits: Enjoy employee stock options, flexible work environment, and social initiatives.
- Other info: Be part of a company that values diversity and inclusivity.
- Why this job: Make an impact in finance while working with passionate, like-minded individuals.
- Qualifications: 2+ years in finance operations, strong analytical skills, and attention to detail.
The predicted salary is between 30000 - 40000 £ per year.
The Company Cover Genius is a Series E insurtech that protects the global customers of the world’s largest digital companies including Booking Holdings, Intuit, Uber, Ryanair, Turkish Airlines, and many others. Our partners integrate with XCover, our award-winning insurance distribution platform, to embed protection for millions of customers worldwide each year.
Our People are Bold, Authentic, Purposeful and Inspired. They are not Perfect, Traditional, Complacent or Cautious.
About the role: We are seeking a detail-oriented and analytical Accounts Receivable Specialist to support our distribution operations. This role is responsible for ensuring the accuracy, completeness, and timeliness of financial reconciliation, settlement processing, partner reporting, and exception handling across distribution partners, cash application, and collections requirements.
The ideal candidate understands data, database logic, accounting reconciliations, settlement timing, ledger management, and cash conversion impacts. The role sits in Financial Operations and owns day-to-day settlement execution for a portfolio of distribution partners.
Key Responsibilities:
- Partner settlement cycle execution (daily/weekly/monthly).
- Prepare partner settlement invoices/statements (premium, commissions, refunds/chargebacks, fees, adjustments) and validate completeness.
- Reconcile partner settlement files to internal subledger sources (NetSuite), NetSuite postings, and bank activity.
- Ensure consistent cutoffs and settlement calendars are followed.
- Investigate short-pays, missing remittances, unapplied cash, fee mismatches, timing differences, chargeback/refund disputes, and data defects.
- Build clear break narratives: what happened, root cause, and proposed fix.
- Route issues to the right owner (partner finance, internal Data Ops, Treasury, Product, Claims) with sufficient evidence to act.
- Maintain documentation with aging and next actions.
- Support accurate and timely cash application for partner remittances.
- Assist in collections workflows for overdue partner balances, including documentation for escalations and partner communications.
- Execute defined controls for settlement accuracy (checklists, reconciliations, tie-outs) and retain evidence.
- Maintain and improve SOPs so recurring issues become systemised fixes.
To help us level up, you'll ideally have:
- 2+ years in invoicing, settlements, reconciliations, AR/collections operations, revenue operations, or high-volume finance operations.
- Demonstrated experience reconciling receivables (bank statements, invoices, part payments, ERP).
- Intermediate spreadsheet skills.
- Comfortable writing crisp communication and working directly with external counterparties.
- High standards for controls, accuracy, and audit trail discipline.
Nice to have:
- Experience with chargebacks/refunds, payout cycles, multi-currency settlement.
- Experience in insurance operations context (premium vs commission offsets, bordereau-style reporting).
Why Cover Genius? Cover Genius not only cares about being the best in our industry, we care about our team. We’re a business that understands life can be fluid and so we flex to ensure we provide the environment to suit that.
- Employee Stock Options - we want our people to share in our success, we reward them with ownership for their contribution in creating a world-class company.
- Work with like-minded people who are passionate about both the work we're doing and giving back.
- Social Initiatives - pictures speak a thousand words!
Sound interesting? If you think you have the best composition of the above, send us your resume and let's chat!
Cover Genius promotes diversity and inclusivity. We don't tolerate discrimination, demeaning treatment of anyone, or harassment due to race, national origin, gender, gender identity, sexual orientation, protected veteran status, disability, age, or any other legally protected status.
By submitting your application, you acknowledge that we may collect, store and process your personal data for recruitment purposes. To ensure a fair evaluation, we may use AI to assist in sorting applications, but all final decisions are made by our hiring team and no candidate dispositions are automated. We will keep your information on file for three years from the date of your application. For detailed information about how we handle your data and our use of AI, please review our full Privacy Policy.
Accounts Receivable Specialist in Leeds employer: Cover Genius
Cover Genius is an exceptional employer that prioritises flexibility and employee well-being, offering a hybrid work environment that allows for a balanced work-life dynamic. With a strong commitment to diversity and social responsibility through initiatives like CG Gives, employees are empowered to contribute to meaningful causes while enjoying opportunities for professional growth and ownership through stock options. Join a passionate team dedicated to innovation in the insurtech space, where your contributions directly impact global customer protection.
StudySmarter Expert Advice🤫
We think this is how you could land Accounts Receivable Specialist in Leeds
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those who work at Cover Genius or similar companies. A friendly chat can open doors and give you insider info that could help you stand out.
✨Tip Number 2
Prepare for interviews by researching the company culture and values. Cover Genius is all about being bold and authentic, so think of examples from your past that showcase these traits. Be ready to share how you align with their mission!
✨Tip Number 3
Practice your communication skills! As an Accounts Receivable Specialist, you'll need to convey complex information clearly. Try mock interviews with friends or use online platforms to refine your pitch and responses.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you’re genuinely interested in joining the Cover Genius team. Let’s make it happen!
We think you need these skills to ace Accounts Receivable Specialist in Leeds
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Accounts Receivable Specialist role. Highlight relevant experience in invoicing, settlements, and reconciliations. We want to see how your skills match what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how your background makes you a great fit. Keep it concise but engaging – we love a good story!
Show Off Your Attention to Detail:Since this role requires accuracy and thoroughness, make sure your application is free from typos and errors. We appreciate candidates who take the time to double-check their work – it shows you care!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy – just upload your CV and cover letter!
How to prepare for a job interview at Cover Genius
✨Know Your Numbers
As an Accounts Receivable Specialist, you'll be dealing with a lot of financial data. Brush up on your knowledge of invoicing, settlements, and reconciliations. Be ready to discuss specific examples from your past experience where you successfully managed these tasks.
✨Master the Art of Communication
You'll need to communicate clearly with both internal teams and external partners. Prepare to demonstrate your ability to write crisp, clear emails and reports. Think of scenarios where you resolved issues through effective communication and be ready to share those stories.
✨Showcase Your Analytical Skills
This role requires a keen eye for detail and strong analytical skills. Be prepared to discuss how you've investigated discrepancies in the past. Bring examples of how you identified root causes and implemented solutions to prevent future issues.
✨Understand the Bigger Picture
While the role focuses on day-to-day operations, understanding the broader context of the insurance industry and how it impacts cash flow is crucial. Familiarise yourself with terms like premium vs commission offsets and multi-currency settlements, and be ready to discuss how they relate to your work.
