Register your CV

Register your CV

Our Candidate Charter

Our Candidate Charter

Interview Tips for Candidates

Interview Tips for Candidates

Register a Vacancy

Register a Vacancy

Back to Jobs

Cash Technician
Ref. JO0000008130

Position Cash Technician
Sector Insurance Accounts
Location City of London, City
Type Permanent
Salary £30K - £35K / Annum
Reference JO0000008130
Summary CASH TECHNICIAN - £30,000 to £35,000



City based







Reporting to the (Assistant) Manager - Operations or Head of Operations, the Cash Technician will be responsible for all aspects of cash management for the reinsurance transactions in our risk and accounting systems for all books of business written across multiple balance sheets.







RESPONSIBILITIES







* Working closely with the Underwriting and Finance as part of the Operations team:

* Reconciliation of Broker/Cedant Statement of Accounts.

* Booking and applying/matching of cash receipts and disbursements in reinsurance accounting system

* Processing of all financial account messages

* Working with technical/claims teams to resolve issues whereby cash cannot be allocated to accounts

* Monitor accounts receivable and reports for overdue accounts (e.g. 60, 90 and 120 days) and follow up on all overdue accounts on a timely basis.

* Review cash in suspense balances and follow up on a timely basis

* Preparation and analysis of AR gross up

* Liaise with brokers/coverholders and clients to resolve aged debt issues.

* Maintenance of documentation of anticipated receipts, cash disbursements and broker queries/follow-ups.

* Management of all intercompany payments and receipts.

* Provide regular updates to team and manager

* Assist in creating efficiencies and value creation (review existing processing and propose updates/changes as appropriate)

* Participate in any special projects or ad hoc tasks that may be required by either Internal or external parties.

* Ensure all functions are carried out with a high degree of quality, in a timely manner.

* London Specific:

* Submission of all LPANS for direct payments/receipts.

* Authorisation of any LORS entireties received.











QUALIFICATIONS, SKILLS & EXPERIENCE







* Lloyds/ London Market Knowledge essential

* Team player



Ref 8130

MW Appointments is acting as an Employment Agency in relation to this vacancy.
  Add this Vacancy to your Shortlist
?

We will use your email address to send this vacancy information only. We will not pass this on to any 3rd parties, in accordance with our PRIVACY NOTICE

Apply for this Vacancy

Fields marked * are mandatory

Essential Details

?

We will use your email address to contact you regarding your application and suitable vacancies. We will not pass this on to any 3rd parties, in accordance with our PRIVACY NOTICE

?

We will use your mobile number to contact you regarding your application and suitable vacancies. We will not pass this on to any 3rd parties, in accordance with our PRIVACY NOTICE

Please fill in at least one CV field

Choose from Dropbox

You have successfully upload your file

Additional Information to Speed Up Your Application

540658jAc

We take your privacy very seriously, click here to view our Privacy Notice.

Back to Jobs

The city office has moved

You can find us at

Map to our new office location

Irongate House, 22 - 30 Dukes Place, London EC3A 7LP