Job Descrption
Our Client, a Specialist Insurance firm currently have a new opening for an Insurance Market Assistant who will provide specialized support within the Finance team, focusing on insurance-related market activities. This role is designed to assist in managing the increased workload resulting from client-specific demands, particularly in processing insurance-related transactions and documentation.
Work Pattern: Hybrid working arrangement requiring 2+ days per week in the City of London Head Office and 3 days Remote
Applicants must be based and eligible to work in the UK.
Job Purpose:
Key Tasks/Responsibilities:
• Assist in the preparation, review, and processing of insurance-related documents, ensuring compliance with company policies.
• Maintain accurate and up-to-date records of all required transactions and communications.
• Serve as the primary point of contact regarding insurance markets, providing timely and accurate information.
• Address client inquiries and issues related to... invoices, coordinating with other departments as necessary.
• Process insurance market collection, sanctions check preparations, invoicing, payment tracking, and reconciliation.
• Ensure the timely and accurate entry of related data into the company's financial and operational systems.
• Prepare regular reports on insurance markets collections and sanctions checking results, highlighting areas for improvement.
• Work closely with the Senior Credit Controller and other team members to streamline financial and operational processes.
• Support other tasks as required, contributing to the overall efficiency of the O&F team.
Experience/Skills:
• Prior Insurance Market experience is advantageous
• The ability to organise and prioritise workloads under pressure and meet tight deadlines
• Strong documentation skills with a high attention to detail
• A good team player who can also work from own initiative
• IT/Computer literacy
• Excellent numerical skills and the ability to examine data critically to extract commercial and actionable insights.
• Ability to communicate findings clearly to non-technical audiences.
• Excellent problem solving and analytical skills.
• Ability to be self-driven, pro-active, well organised and display strong attention to detail.
• Ability to operate in a highly multidisciplinary and collaborative environment where effective exchange of knowledge between peers is crucial
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