At a Glance
- Tasks: Manage finance operations, including revenue collection and accounts payable.
- Company: Join Lloyd's, the world's leading insurance marketplace.
- Benefits: Gain valuable experience in a dynamic global environment.
- Other info: Inclusive culture with opportunities for professional development.
- Why this job: Make an impact in financial operations at a major global marketplace.
- Qualifications: Previous finance experience and strong attention to detail required.
The predicted salary is between 27000 - 33000 £ per year.
Lloyd's is the world's leading insurance and reinsurance marketplace, bringing together the world's leading risk takers to advance global progress. Our strategy is focused on delivering strong underwriting performance, operating an efficient and flexible marketplace, and maximising the capital advantage of the Lloyd's market — while continuing to build a Lloyd's we are proud of.
We're looking for an Associate, Revenue & AP Operations to join our Central Finance team. You'll help deliver the financial services that keep the Lloyd's Market moving, working across revenue collection, accounts payable and expense processing. It's a varied role with real scale. You'll work with teams across Lloyd's, our branches and the wider market, making sure transactions are accurate, payments happen on time and financial controls work effectively.
What you'll be doing
- Managing revenue collection, reviewing billing information and helping recover Corporation revenue and Lloyd's Market charges.
- Supporting accounts payable, from processing invoices and credit notes to reconciling supplier statements and completing scheduled UK and overseas payment runs.
- Completing monthly reconciliations of balance sheet control accounts and helping maintain accurate customer, supplier and banking information.
- Resolving queries by working directly with market participants, branches, customers and suppliers.
- Working with key finance systems, including Workday and Lloyd's Market Apportionment, Reporting and Collection System (ARCS).
- Protecting strong financial controls, making sure processes follow the right authorisation requirements and procedures.
- Improving how we work, keeping procedures up to date and identifying opportunities to make processes simpler and more effective.
This isn't simply about processing transactions. The team operates at the heart of a major global marketplace. Our activity includes around £4.7 billion in annual market fund movements, more than 72,000 market advices and approximately 8,500 supplier invoices each year. You'll also help support around 1,600 customers and 1,500 suppliers. It's an opportunity to understand how financial operations work at scale while developing your knowledge of the Lloyd's Market.
What you'll bring
- Previous financial or finance operations experience.
- Strong attention to detail.
- Good organisation and the ability to manage multiple deadlines.
- Confidence analysing information and resolving problems.
- Clear written and verbal communication.
- Experience working with different stakeholders.
- Good Microsoft Office skills.
- An interest in understanding the systems, data and processes behind financial operations.
Experience with Workday, banking or payment systems, or the Lloyd's Market would be useful, but Lloyd's Market knowledge and Workday proficiency are preferred rather than essential. You'll be comfortable working independently within established processes. But you'll also be ready to question, improve and contribute when there's a better way to get something done.
At Lloyd's, how we deliver matters. We take the risk, make things happen and own the outcome. We work together, share different perspectives and turn insight into impact. We want to build an environment where everyone is treated with dignity and respect and has the opportunity to contribute and succeed.
If you're looking to broaden your finance experience, work with significant financial operations and build your knowledge of a unique global marketplace, we'd like to hear from you. It's your opportunity. Own it.
Being inclusive at Lloyd's is integral to how we work — and how we deliver impact. We aim to build a diverse, inclusive environment that reflects the global markets we serve, where everyone is treated with dignity and respect and supported to reach their full potential.
We take the risk by challenging traditional thinking and being proactive about inclusion. That means being open and positive about workplace adjustments, prioritising health and wellbeing, and investing in diversity and inclusion training so everyone feels able to contribute and succeed.
We make things happen by turning our commitment into action. Through employee networks, mentoring, volunteering opportunities and sustained investment in professional development, we create an environment where inclusion is experienced day‐to‐day — not just talked about.
We own the outcome by focusing on impact. By bringing together diverse perspectives and the best minds in the industry, we work collaboratively with underwriters and brokers to create innovative, responsive solutions that share risk and solve complex problems across global markets.
Should you require any additional support with your application, or any adjustments, please click the following link; Please note, clicking on this link does not register your application for the vacancy.
Summary
Location: Lloyd's UK: Chatham
Type: Full time
Locations
Associate Revenue and AP Operations in Kent, Rochester employer: Lloyd's
Lloyd’s is an exceptional employer that prioritises integrity and excellence in the financial services sector. With a strong commitment to employee development, you will find ample opportunities for growth and advancement within a collaborative and supportive work culture. Located in the heart of London, our dynamic environment fosters innovation and offers unique benefits, including access to industry-leading training programmes and a diverse network of professionals.
StudySmarter Expert Advice🤫
We think this is how you could land Associate Revenue and AP Operations in Kent, Rochester
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Lloyd's. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Associate Revenue and AP Operations in Kent, Rochester
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Lloyd's.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Lloyd's's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Lloyd's
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Lloyd's.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Lloyd's will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Lloyd's employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
