Cash Management Analyst

The Travelers Indemnity Company; Redhill; On-site; GBP 26,000 - 38,000; Full time

Benefits offered by this job

Private medical insurance

Pension plan contribution

25 days holiday + up to 35

Job summary

The Travelers Indemnity Company is seeking a cashiering specialist to manage receipting and processing insurance payments across Travelers Europe entities. The role supports a hybrid work model with three days in the office and two at home, offering exposure to multi-currency transactions and strong internal controls.

You will ensure postings and reconciliations meet SLAs, prepare cash flow summaries, and collaborate with US and UK colleagues to improve cash management and risk controls.

Qualifications

• Experience in cashiering functions.
• Experience with multi-currency transactions is a plus.
• Strong communication and teamwork skills.
• Attention to detail and analytical thinking.
• Familiarity with financial systems related to cashiering and cash accounting.
• Knowledge of financial controls and risk awareness.

Responsibilities

• Receive and process insurance cash payments and receipts.
• Post automated and manual ledger entries accurately by entity.
• Follow up bank reconciliation queries to resolution.
• Ensure appropriate levels of bank account funding.
• Prepare short- and long-term cash flow summaries.
• Support financial analyses and variance reporting.
• Collaborate with US and UK colleagues on cash management initiatives.
• Contribute to continuous improvement of cashiering processes and controls.
• Perform other duties as assigned.

Skills

Cashiering functions

Multi-currency transactions

Team player

Analytical mindset

Financial systems knowledge

Financial controls awareness

Education

A Levels or equivalent

Tools

Microsoft Excel

Job description

Who Are We?

Taking care of our customers, our communities and each other. That's the Travelers Promise. By honoring this commitment, we have maintained our reputation as one of the best property casualty insurers in the industry for over 170 years. Join us to discover a culture that is rooted in innovation and thrives on collaboration. Imagine loving what you do and where you do it.

Target Openings

1

What Is the Opportunity?

You will be responsible for cashiering activities for Travelers Insurance Company, Travelers Insurance Designated Activity Company and Travelers Legal Ltd. Your primary remit will include receipting and processing insurance payment transactions across multiple bank accounts, ensuring accuracy, control and timely posting. Travelers Europe currently offers flexibility to employees who wish to work on a hybrid basis in accordance with our Hybrid Work Arrangements Policy. This entails full time employees working three days a week in the office and two days at home (or pro rata for part-time employees). This policy may be changed at the Company’s discretion.

What Will You Do?

• Ensure that insurance cash payments and receipting functions operate in line with in-force SLAs with business users.
• Ensure that automated and manual cash-related financial ledger postings are correctly allocated by legal entity and are processed within required deadlines.
• Follow up on head-office generated bank reconciliation queries in a timely manner, ensuring queries are cleared within one month.
• Ensure individual bank account funding is at appropriate levels.
• Preparation of short- and longer-term cash flow summaries.
• Compile financial data for variance analysis and reporting of results against expectations. Perform less complex analysis.
• Utilize appropriate tools to obtain data necessary to support financial analysis and create financial transactions. Responsibilities may include extracting and analyzing data.
• Prepare, evaluate and complete less complex analyses to support financial/business plans, budget and forecasts for the organisation.
• Engage with US and UK colleagues on cash management initiatives, including process and system changes.
• Support the continuous improvement of cashiering and cash management processes and controls.
• Perform other duties as assigned.

What Will Our Ideal Candidate Have?

• Good knowledge and experience of cashiering functions.
• Experience in multi-currency transactions (an advantage).
• Strong team player with effective communication skills.
• Analytical mindset with strong attention to detail and accuracy.
• Comfortable operating financial systems related to cashiering and cash accounting.
• Strong financial controls competence and awareness of risk and compliance.

What is a Must Have?

• Educated to A level (or equivalent).
• Intermediate Microsoft Excel skills (e.g., formulas, filters, lookups, pivot tables an advantage).
• Good time management skills with the ability to manage competing priorities and meet deadlines.

What Is in It for You?

• Private Medical Insurance:On commencement of employment, you are eligible for single cover provided by Travelers, with the option to add cover for your dependents, at your expense through payroll deduction.
• Retirement: Travelers will make a core contribution of a percentage of salary to your Pension Plan. Additionally, if you decide to contribute to the plan, you will receive an increased company contribution.
• Holiday Entitlement:Start your career at Travelers with a minimum of 25 days holiday entitlement annually, plus the opportunity to purchase additional days to allow for up to a total of 35 holidays per year.
• Wellness Programme: The Travelers wellness programme is comprised of tools, discounts and resources that empower you to achieve your wellness goals and caregiving needs. In addition, our mental health programme provides access to free professional counseling services and other resources that support your daily life needs.
• Volunteer Encouragement:We have a deep commitment to the communities we serve and encourage our employees to get involved. Travelers has a Matching Gift and Volunteer Rewards programme that enables you to give back to the charity of your choice.

Employment Practices

Travelers is an equal opportunity employer. We value the unique abilities and talents each individual brings to our organization and recognize that we benefit in numerous ways from our differences.

If you are a candidate and have specific questions regarding the physical requirements of this role, please send us an email so we may assist you.

Travelers reserves the right to fill this position at a level above or below the level included in this posting.

To learn more about our comprehensive benefit programs please visit http://careers.travelers.com/life-at-travelers/benefits/.