At a Glance
- Tasks: Manage complex accounting and settlement duties while resolving client issues.
- Company: Join a leading firm in the reinsurance sector with a supportive team.
- Benefits: Hybrid working model, competitive salary, and opportunities for professional growth.
- Other info: Dynamic role with a focus on client satisfaction and career advancement.
- Why this job: Make a real difference by solving complex financial matters for clients.
- Qualifications: Experience in accounting and settlement, preferably in reinsurance or insurance.
The predicted salary is between 40000 - 50000 £ per year.
Our Client Support Services department have an opportunity for a Fiduciary Accounting Specialist, Legacy Resolution with our Fiduciary Team. This is available on a hybrid basis, offering home working for 2 days, with the other 3 days based in our office in Witham.
As a Fiduciary Accounting Specialist, you will be responsible for the accounting and settlement duties through the investigation and resolution of aged and or complex matters. We are open to experience from a broad range of roles within the reinsurance or insurance sectors, but you will need significant experience of accounting and settlement activities to be successful within this role.
What can you expect?
- Take responsibility for own workload, including where necessary definition of cases and associated issues.
- Work with a high degree of autonomy in relation to more routine aspects, liaising effectively with senior colleagues where guidance or escalation is required.
- Partner with the Operations Specialists to support with root cause analysis and developing improved process, protocols, and behaviours to improve outcomes in the future.
- Provide expertise on reinsurance coverage assessment, processing of premiums and/or loss transactions and associated cash follow up, plus the application and disbursement of funds due.
We will rely on you to:
- Always maintain a strong focus on the resolution of issues for clients and CSS in the broadest terms.
- Ensure actions taken are meaningful to conclude issues or develop traction to do so.
- Liaise effectively with CSS and Guy Carpenter client facing colleagues where necessary to ensure a coordinated approach is taken.
- Ensure clear audit trail in relation to work undertaken, especially complex and/or historic matters.
- Develop and maintain clear working papers supporting investigative work undertaken and/or methodologies used to support conclusions or proposals to senior management such as utilisation of reserves or application of Guy Carpenter credit write back policy and/or processing of complex accounts.
- Support wider CSS activities where required, including but not limited to quarter review of potential financial exposures, delivery of key performance targets or other significant business objectives.
- Take management of the most complex client base, which includes unique lines of business, program structures and reinsurance reporting requirements. Duties to support client base include transactional processing, follow up and securing reinsurance recoveries, collateral, and timely and accurate system entry of all assigned client activity.
What you need to have:
- Bureau, Accounts & Settlement knowledge.
- Experience using Open Twins, CLASS and IMR Systems would be highly beneficial.
- Track record of successful client interactions.
Fiduciary Accounting Specialist, Legacy Resolution in Witham employer: Guy Carpenter
As a Fiduciary Accounting Specialist at our Witham office, you will join a dynamic team that values autonomy and collaboration, offering a hybrid work model that promotes work-life balance. Our supportive work culture encourages professional growth through continuous learning opportunities and the chance to tackle complex challenges, making it an ideal environment for those seeking meaningful and rewarding employment in the insurance sector.
