Finance Assistant
JOB_53352494713204Job type
PermanentLocation
City of LondonWorking Pattern
Full-timeSpecialism
Part Qualified AccountantIndustry
InsurancePay
£33k - £38k
Join a Lloyd’s broker as a Finance Assistant—grow your career in a dynamic, fast-paced team.
Your new company
Your new role
They are seeking a detail-oriented and proactive Finance Assistant to manage the end-to-end financial transactions. The ideal candidate will handle the day-to-day financial operations related to underwriting, claims management, premium collections from agents, payments to insurance companies and commission payments to producers.
- Assist with the management and processing of month-end financial reporting.
- Organise timely BACS premium payments and issue payment bordereaux
- Reconcile multi-currency bank accounts
- Process accurate and timely claims payments
- Track and follow up on overdue premiums, ensuring compliance with payment terms.
- Send cancellation notices for overdue premiums
- Assist with the preparation of monthly performance reports for the Managing Director
- Assist with the reconciliation of monthly income: premiums received, payments made, and commissions paid
- Collaborate with the wider yacht team to resolve finance-related issues
- Maintain relationships with insurers, agents, and brokers, resolving queries promptly
- Provide general finance team support as needed
What you'll need to succeed
Have at least 2 years' experience working in an accountancy/finance role, ideally with knowledge/experience of insurance processes (e.g. premium collections and claims management)
Experience with multi-currency payments
Studying towards accounting qualification
What you'll get in return
Competitive market salary + Study Support
- Hybrid working
What you need to do now
If you're interested in this role, click 'apply now' to forward an up-to-date copy of your CV, or call us now.
If this job isn't quite right for you, but you are looking for a new position, please contact us for a confidential discussion about your career.
Talk to Max Giltnane, the specialist consultant managing this position
Located in London-City, 5th Floor, 107 Cheapside, Telephone 02034650017