12 Month Fixed-Term Contract (Maternity Cover)
Location: London
Hybrid role: 2 days a week on site/ 3 from home
About the Role
We are seeking a Reinsurance Cash & Payments Analyst to join our Reinsurance Asset Management team on a 12-month fixed-term maternity cover contract.
This is an excellent opportunity for an individual with insurance, reinsurance, finance or cash management experience to join a busy and collaborative team responsible for the accurate processing, allocation and reconciliation of reinsurance cash flows.
Working closely with Finance, Claims, Underwriting, Operations and external brokers, you will play a key role in ensuring the timely and accurate management of payments, allocations, reconciliations and reporting activities.
Key Responsibilities
- Reconcile broker statements and contracts to the ledger.
- Accurately post and allocate daily cash using internal systems and Microsoft Excel.
- Process outgoing payments and investigate payment queries.
- Perform reconciliations to support financial and operational reporting.
- Assist with month-end and quarter-end reporting requirements.
- Build and maintain effective working relationships with internal stakeholders and external partners.
- Support the development and maintenance of process documentation and procedure manuals.
- Attend and contribute to team meetings and operational discussions.
- Ensure activities are completed in accordance with internal controls, policies and regulatory requirements.
- Assist with ad hoc projects and team initiatives as required.
Skills & Experience
- Previous experience in insurance, reinsurance, finance, banking or a related operational environment.
- Strong reconciliation and data analysis skills.
- Good working knowledge of Microsoft Excel, Outlook and Word.
- Excellent attention to detail and accuracy.
- Strong organisational and time management skills.
- Effective communication and stakeholder management skills.
- Ability to work independently while contributing positively to a team environment.
- Interest in using new technologies and AI-enabled tools to improve efficiency.
- Experience within the London Market or Lloyd's insurance market.
- Reinsurance operations, settlements, cash management or finance experience.
- Knowledge of broker accounting and cash allocation processes.
About Us
We are a well known Lloyd's of London insurer providing specialist insurance and reinsurance solutions across a broad range of markets.
We are committed to creating an inclusive and supportive working environment where employees can develop their skills, build successful careers and contribute to the continued success of the business.
We offer:
- A collaborative and professional working environment.
- Opportunities for learning and career development.
- Flexible and supportive ways of working.
- A culture built on integrity, accountability and teamwork.
- A commitment to diversity, equity and inclusion.
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Reinsurance Cash & Payments Analyst employer: Lorien
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