Part Time Finance Technician

Finance Technician - Insurer Reconciliations

Location: Milton Keynes

Contract type: Part Time Permanent - 17.5 hours per week

Remuneration: GBP16,000 - GBP18,000 pro rata depending on experience + benefits

Our client is one of the UK's leading insurance brokers. We have over 1400 staff in over 40 offices across the UK and provide thousands of clients with guidance on creating the insurance solutions that best protects their assets, revenues, people and lifestyle.

Their network of offices mean we have a strong local presence which enables their advisers to provide outstanding levels of service as well as access to a huge range of market leading products.

They are currently looking to recruit a Part Time Finance Technician to join the Insurer Reconciliations team in Milton Keynes.

The purpose of the role is to manage your own portfolio of Insurer Accounts and provide a high level service throughout.

Duties include:

• Responsibility for ensuring efficient and compliant handling of own portfolio in line with FCA, CASS and compliance requirements
• Agreement and settlement to insurers of all balances invoiced within their credit terms.
• Work with branches and insurers to resolve queries preventing settlement of premiums to insurers with set Finance targets
• Collection of return premiums and paid direct commissions from insurers within in credit terms
• Reconciliation of all insurer contra items every month within set Finance targets
• Liaise with Credit Control team regarding client not paid entries
• Assist with the Legacy project in understanding and clearing down any transactions remaining in your portfolio outside of credit terms.
• All relevant paperwork is attached when raising insurer payments, as per the payment process.
• Assist the Financial Controls team in keeping the Standard operating procedures up to date, with any significant changes
• Working alongside the Financial Controls team in keeping the Insurer Bank details log up to date
• Responsible for reporting any client money breaches immediately with a Team Leader in their absence report directly to the Financial Controls team and the Head of Finance Operations, no later than 5 working days of it being identified

Skills and Experience:

• Experience within a similar Finance/Accounts role would be an advantage however full training is given
• High level of attention to detail and ability to follow processes
• Excellent communication skills both written and verbal
• Good numeracy skills - min GCSE grade C or above (or equivalent)

Working hours are Monday - Friday, 17.5 per week ideally spread over 3 days however flexible in terms of start/finish time.

Benefits include pension scheme, life assurance and holiday entitlement that will increase with service.