Accounts / Finance Administrator

Job Location	Mill Hill, London
Education	Not Mentioned
Salary	30,000 - 40,000 per annum
Industry	Not Mentioned
Functional Area	Not Mentioned
Job Type	Permanent , full-time

Job Description

We now looking for an experienced Finance Administrator with a strong accounting background to join a well established Insurance Brokers based in North West LondonAs the Finance Administrator you will report to the Head of Finance/Finance Director and liaise daily with the Senior Financial Administrator, Account Handlers, Clients and Insurers.Working as part of the team, the successful applicant will be supporting the FD/Head of Finance along with Directors and Management, in their endeavours to provide high quality advice and service to their individual, corporate, and trust clients. Your rolewill be to control all allocations of client money to and from clients as well as the settlement of all monies to and from insurers.The role may be broken down into key elements as below

Settling GI premiums, refunds and commissions with insurers and Private Medical Insurance commissions.
Bank payments to settle premiums as well as other bank payments as directed.
Investigating unsettled premiums, credit control around outstanding premiums and any other settlement related queries on GI and PMI.
Support to ensure IFAs and introducers are paid their correct level of commission
Credit Control is a key part of the role, using weekly reports to follow up with clients to pay their premiums.
Record all sales correctly and reconcile commissions
Weekly reports to review unsettled commissions
Assist Senior Finance Administrator with the allocations of premiums, and refunds discounts

Requirements

An awareness of business flow
Maintain high standards of accuracy utilising available software or technological resources wherever possible.
Must have an understanding of Insurance and Financial Services advice process, complaint process, business strategy as advised from time to time
Must be able to deliver against agreed timescales.
Excellent IT Skills
Strong Mathematics Skills
Accuracy and strong attention to detail is a must
Strong Accounts background

The Salary will be between £30,000 - £40,000 depending on experience.This is a fantastic career opportunity for the right candidate to succeed in a busy and varied role, if you would like to find out more about the position and to apply, please callJill on or email

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