Premium Accounting Administrator

Ryan Specialty Group; City Of London; On-site; GBP 30,000 - 45,000; Full time

Job summary

A leading specialty insurance firm in London is seeking a Premium Accounting Administrator to manage and maintain premium reconciliations effectively. You will handle cash entries, ensure accurate premium management, and reconcile transactions. Ideal candidates will have strong spreadsheet skills and attention to detail. This role offers an opportunity to work in a dynamic environment focused on excellence and diversity.

Qualifications

• Experience in office roles is favorable.

Responsibilities

• Manage cash entries and reconciliations in Brokasure.
• Reconcile Paid Bordereau and liaise with the US Premium Team.
• Ensure premium management and maintenance are accurate.

Skills

Experience of Windows and Microsoft based software with strong spreadsheet skills

High degree of numeracy

Excellent levels of accuracy and attention to detail

Good communication skills both written and oral

Motivational skills, team player

Ability to manage time

Job description

Position Summary

Position Summary: Ryan Specialty is a leading international specialty insurance firm which offers wholesale brokerage services, delegated underwriting expertise in the form of binding authorities, programs and highly specialized managing general underwriting companies, and other services designed specifically for brokers, agents and insurers. The Ryan Specialty family includes a wholesale brokerage operation (RT Specialty) and a collection of managing general, underwriting managers (Ryan Specialty Underwriting Managers). Ryan Specialty is active in the USA, Canada, UK, Denmark, Sweden and Spain. www.ryansg.com. We value diversity and we are proud to be an equal opportunity employer. Ryan Specialty Service Centre Limited, London, is our Internal Broker for policies issued by Ryan Specialty MGU’s. We are seeking to recruit a premium accounting administrator responsible for the effective and efficient management and maintenance of premium reconciliations within our Internal Broker function.

Location: London - UK - Fenchurch

What will your job entail?

Responsibilities which will evolve over time include:

• Cash entries, reconciliations and maintenance in Brokasure
• Reconciliation of Paid Bordereau and liaise with the US Premium Team as necessary
• Premium management and maintenance ensuring all entries are attributable to the correct parties and year of account
• Deferred and Realised Brokerage management and reconciliations
• Splitting, allocating and reconciling Client cash in Brokasure
• File, manage and maintain all documentation and data entry necessary
• To play an active role, attend meetings where necessary and to undertake other reasonable duties if required, to ensure the department operates efficiently

Skills and Attributes

• Experience of Windows and Microsoft based software with strong spreadsheet skills
• High degree of numeracy with excellent levels of accuracy and attention to detail
• Good communication skills both written and oral
• Motivational skills, team player as well as working on own initiative
• Ability to manage time, meet deadlines and prioritise
• Previous office experience favourable

Disclaimer

Ryan Specialty is an Equal Opportunity Employer. We are committed to building and sustaining a diverse workforce throughout the organization. Our vision is an inclusive and equitable workplace where all employees are valued for and evaluated on their performance and contributions. Differences in race, creed, color, religious beliefs, physical or mental capabilities, gender identity or expression, sexual orientation, and many other characteristics bring together varied perspectives and add value to the service we provide our clients, trading partners, and communities. This policy extends to all aspects of our employment practices, including but not limited to, recruiting, hiring, discipline, firing, promoting, transferring, compensation, benefits, training, leaves of absence, and other terms, conditions, and benefits of employment.