At a Glance
- Tasks: Manage complex client accounts and resolve issues with autonomy and expertise.
- Company: Join a vibrant team at Guy Carpenter, known for its inclusive culture.
- Benefits: Enjoy professional development, a supportive environment, and a range of career opportunities.
- Other info: Hybrid work model with 2 days remote and 3 days in the office.
- Why this job: Make a real impact while working on interesting projects in the insurance sector.
- Qualifications: Experience in accounting, strong analytical skills, and a client-focused mindset.
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.
Responsibilities
- 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.
- Always maintain a strong focus on the resolution of issues for clients and CSS in the broadest terms, ensuring 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.
Qualifications
- Bureau, Accounts & Settlement knowledge.
- Experience using Open Twins, CLASS and IMR Systems would be highly beneficial.
- Track record of successful client account management, relationship management, engagement and development.
- Successful management of workload; able to manage expectations of all clients and stakeholders.
- Data management and analytical skills.
- A strong client focus and good at problem solving to reconcile and unravel payment queries.
What makes you stand out
- Experience of Insurance or Reinsurance accounting and settlement activities.
- Exposure to working with currencies.
- Having provided guidance by mentoring and/or training colleagues.
Benefits
- Professional development opportunities, interesting work and supportive leaders.
- A vibrant and inclusive culture where you can work with talented colleagues to create new solutions and have impact for colleagues, clients and communities.
- A range of career opportunities, as well as benefits and rewards to enhance your well-being.
Guy Carpenter is an equal opportunity employer.
Fiduciary Accounting Specialist, Legacy Resolution in Witham employer: NACBA
At Guy Carpenter, we pride ourselves on being an excellent employer, offering a vibrant and inclusive culture that fosters professional development and collaboration. As a Fiduciary Accounting Specialist in our Witham office, you will enjoy the flexibility of hybrid working, alongside opportunities to engage with talented colleagues and contribute to meaningful solutions for clients. Our commitment to employee growth, coupled with a supportive leadership team, ensures that your career can flourish while making a positive impact in the community.
StudySmarter Expert Advice🤫
We think this is how you could land Fiduciary Accounting Specialist, Legacy Resolution in Witham
✨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 NACBA. 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 Fiduciary Accounting Specialist, Legacy Resolution in Witham
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 NACBA.
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 NACBA'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 NACBA
✨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 NACBA.
✨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 NACBA 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 NACBA 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.
