Insurance Accounts Assistant

Lawes Consulting Group; London; On-site; GBP 30,000 - 50,000; Full time

Job summary

An exciting opportunity awaits in a forward-thinking company where you can join the Insurance Accounts team as an Accounts Assistant. In this dynamic role, you will engage with internal stakeholders, manage payments, and ensure accurate account reconciliations. Your analytical skills will be put to the test as you identify data quality issues and produce essential reports. Join a team that values innovation and relationships, and where your contributions will directly impact the efficiency of financial operations. If you have a background in reinsurance and excel in communication, this role is perfect for you.

Qualifications

• 2+ years of experience in Non-commercial Insurance, particularly in reinsurance.
• Strong analytical and project management skills are essential.

Responsibilities

• Manage payments and reconcile accounts to ensure timely processing.
• Liaise with finance manager and stakeholders to maintain clear communication.

Skills

Analytical Skills

Project Management

Reinsurance Knowledge

Communication Skills

Excel Proficiency

Education

Bachelor's degree in Accounting

Master's degree in Finance

Degree in Data Analytics

Tools

Microsoft Office

Job description

Job Description

Role: Accounts Assistant - Insurance Accounts (IA)

Duration: Full Time

Department: Finance

Reports to: Finance Manager

Location: London

Company Profile:

MNK Re is a leading independent broker of worldwide specialist risks. Headquartered in London, MNK Re was established in 2009 and is a registered Lloyd's broker with offices in Kenya, Poland, South Africa, the UAE, the UK and the USA. MNK Re currently trades with clients in more than 80 countries and provides bespoke (re)insurance solutions for both traditional as well as emerging risks, focused on creating innovative solutions whilst upholding traditional market values. Key lines of business include Financial Institutions, Cyber, Marine, Construction and Energy, Aviation, Political and Credit Risk, Liability, Agriculture and Property, in addition to both Treaty and Analytics. MNK Re is also a market leader in providing parametric products for diverse risks such as Agriculture, Pandemics, Weather, Credit, Travel and Marine.

For more information about MNK Re Limited please visit www.mnkre.com

The Role:

This exciting opportunity has arisen to join our Insurance Accounts (IA) team in London to assist in reconciliation and process activities for our back-office. You will be involved in speaking to internal stakeholders, managing payments and reconciling accounts to a high standard. There is variety and breadth in the role and you will need to build fantastic relationships with your key internal stakeholders and ensure these payments are made on time and in line with procedures. You will focus on all of the following and more:

Duties & Responsibilities:

1. Ensure the reporting of business is captured and reported in accordance with client protocols.
2. Perform reconciliation and process activities across insurance business, including Bordereaux.
3. Take ownership of identifying data quality issues.
4. Liaise with finance manager, underwriters and brokers maintaining clear communication with all stakeholders.
5. Produce, monitor, and complete Bordereaux processing.
6. Analyse and interpret monthly and quarterly Bordereaux processing statistics provided by the outsourced team.
7. Attend regular catch-up meetings with the outsourced Bordereaux processing team.
8. Perform any ad-hoc activities related to finance and operations.

Skills/Experience:

1. Strong analytical skills, Strong Project Management.
2. Reinsurance knowledge and experience of at least 2 years in Non-commercial Insurance.
3. Previous Experience as Reinsurance Technician.
4. Excellent communication skills with internal and external stakeholders.
5. Advanced proficiency in Excel and other Microsoft Office products to support MI and reporting.

Required Qualifications:

Bachelor's/master's degree in accounting, Finance or data analytics.