Client Money (CASS 5) Specialist

JSS Search; England; Hybrid; GBP 70,000 - 100,000; Full time

Job summary

A leading insurance broker is seeking a Senior Finance Expert in London. This role focuses on managing client money processes, ensuring compliance with CASS regulations, and training staff. The ideal candidate will have experience in an insurance broking environment with strong Excel skills. This position offers a balanced work schedule with 3 days in the office.

Qualifications

• Experience managing client money in an insurance broking environment.
• Strong Excel skills and capability to adapt to CASS 5.
• Proficient in financial calculations and auditor interactions.
• Works cross-functionally with IBA, Treasury and Compliance across the UK.

Responsibilities

• Support weekly Client Money Calculations for UK-controlled entities.
• Help monitor CASS regulations breaches.
• Track client money balances and investigate unusual changes.
• Assist with staff training on CASS requirements.
• Gather information for CASS audits.
• Contribute to improvements in client money processes and controls.
• Collaborate with IBA, Treasury and Compliance to ensure smooth operations.
• Assist with system checks and inputs related to CMC.
• Stay updated on CASS changes and FCA guidance.
• Provide ad hoc support to the Client Money Manager as needed.

Skills

CASS regulations knowledge

Insurance broking experience

Excel proficiency

Client money management

Tools

Excel

Job description

This range is provided by JSS Search. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

Base pay range

Direct message the job poster from JSS Search

Senior Finance Expert | Financial Services | Insurance | Banking | Private Equity

Client Money (CASS 5) Specialist

Insurance Broker

London - 3 days per week in the office

Permanent

I am working with an award winning, global broker where they are looking for a Client Money (CASS 5) Specialist to support the Client Money Manager on UK wide policy and regulatory financial information for the UK business to ensure accuracy and reduce reputational and financial risk.

The broker is open to exploring profiles from IBA or wider CASS backgrounds for aspiring individuals that can demonstrate the ability to transfer into a CASS 5 position.

Responsibilities

• Support weekly Client Money Calculations for UK-controlled entities.
• Help monitor and log any breaches of CASS regulations.
• Track client money balances and investigate unusual changes.
• Assist with staff training on CASS requirements.
• Support CASS audits by gathering information and preparing responses.
• Contribute to ongoing improvements in client money processes and controls.
• Work with teams like IBA, Treasury, and Compliance to ensure smooth collaboration.
• Help with system checks and inputs related to CMC.
• Stay updated on changes to CASS rules and FCA guidance.
• Provide ad hoc support to the Client Money Manager as needed.

Personal Profile

• Prior experience in managing client money or IBA Accounting within an insurance broking environment.
• If not prior CASS 5 experience, ideally from an IBA, or CASS 6/7 background with excellent excel skills.
• Proficient in manual processing, calculations from client money in an FCA regulated environment, and dealing with auditors.
• Work cross-functionally across the UK business including IBA, finance, treasury and compliance and be a SME for these the departments when regarding CASS 5.

Apply now or contact [e-mail] for more information.

Job details

• Seniority level Mid-Senior level
• Employment type Full-time
• Job function Accounting/Auditing
• Industries Insurance Agencies and Brokerages

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