Senior Carrier Settlement Specialist - 18 month FTC

CFC; London; On-site; GBP 40,000 - 70,000; Full time

Job summary

An established industry player is seeking a Senior Carrier Settlement Specialist to enhance their finance team in London. This role is pivotal in ensuring timely and accurate fund payments to supporting markets. The ideal candidate will have a solid background in insurance finance, particularly in settlements, and will thrive in a collaborative environment. Join a motivated team that values passion, continuous improvement, and a positive workplace culture. If you're ready to make a significant impact in a friendly setting, this opportunity is perfect for you.

Qualifications

• In-depth experience in insurance finance and settlements.
• Strong work ethic and ability to thrive in a team-oriented environment.

Responsibilities

• Ensure paid declarations are issued and settled accurately.
• Resolve queries related to submissions and payments.
• Apply cash accurately and manage related queries.

Skills

Insurance Finance

Settlements

Cash Application

Query Resolution

Education

Degree in Finance or related field

Job description

Senior Carrier Settlement Specialist - 18 month FTC

Department: IBA & Credit Control

Employment Type: Permanent - Full Time

Location: London

Reporting To: Paul Marshall

Description

As a result of strong organic growth, CFC is seeking to appoint a Carrier Settlement Specialist to join our finance team here in London on an 18-month fixed-term contract. In this pivotal role, you will be responsible for ensuring funds are paid to our supporting markets swiftly and accurately.

About the role

Partnering with the Carrier Settlement Team Leader, this is a great opportunity to develop and maintain strong internal controls while directly impacting and improving the carrier settlements processes as the business continues to grow. The finance team at CFC is collaborative and prides itself on meeting targets consistently.

Key responsibilities include:

• Ensuring paid declarations are issued and settled to our Binding Authority Brokers according to the terms of the binder.
• Resolving queries arising from submissions and payments.
• Applying cash accurately and resolving related queries as needed.

About you

We are looking for experienced insurance finance professionals with in-depth experience in settlements. MGA experience is of particular interest but not essential. We seek driven, self-starting individuals with a strong work ethic who thrive in a collaborative, team-oriented environment.

If you're interested in working in a motivated and friendly environment, please register your interest via our website.

Core Values

Love what you do:
We approach each day with passion and enthusiasm, making a positive impact on colleagues, customers, brokers, and carriers.

Challenge everything:
We question the status quo and strive to improve continuously.

Have fun, be good:
We believe in making work enjoyable, welcoming diverse viewpoints, and treating everyone with respect.