Insurance Broking Accounts Administrator - Leeds, United Kingdom - JM Glendinning Insurance Brokers

JM Glendinning Insurance Brokers

Verified Company

Leeds, United Kingdom

2 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

About Us

JMG Group is a Private Equity backed insurance broking group based in Guiseley, West Yorkshire with regional office representation around the UK.

We are a top 30 broker, growing rapidly having completed numerous acquisitions since we completed our MBO in November 2020.

We place over £220m of Gross Written Premium into the market annually and our teams are well respected in the industry.

Customer excellence is the backbone of our business, which means that our people, systems, and processes are central to our success.

The Role

Following our recent growth and future acquisition strategy we are looking to add to our teams and recruit two additional Insurance Broking Accounts Administrators in our Cashbook division, based in our brand-new Finance hub in Yeadon, next to Leeds Bradford Airport.

The overall objective of the role will be to administer client receipt allocations and provide a professional and efficient service to all customers, whilst ensuring full FCA compliance and following the CASS5 rules and guidelines.

This applies to all businesses, processes, and PAS (Policy Admin System) operating systems that are utilised within the JMG Group of companies.

Key responsibilities of the role will include:

Ensure client money is handled and reconciled in accordance with FCA regulation and internal procedures
Accurate reconciliation of bank statements to the PAS, involving identifying discrepancies and conducting a high level of problem solving
To control and monitor monthly remittances with amounts paid or received
To raise and follow up with respective account handlers/brokers on any unmatched cash items within agreed SLA's
Dealing with internal referrals and queries
Process payments received from clients in accordance with company procedures
Reconciliation and balancing of the daily cash book, dayend and monthend procedure.
Accurately process and maintain company business accounts
Identify and report to line manger any identified procedural of CASS5 breaches for reporting onto our compliance system
Process insurer payments review and validation of client refunds to the timescales agreed

What we are looking for
Any broking systems experience such as Acturis, OGI, SSP & TAM would be a distinct advantage.

Job Types:
Full-time, Permanent

Salary:
£24,000.00-£29,000.00 per year

Benefits: