Reconciliation Administrator / Reconciliation Clerk - Insurance

Location
England, West Midlands, Wolverhampton
Salary
Up to £22000 per annum
Posted
12 Jun 2019
Closes
21 Jun 2019
Ref
EPCE-34
Contact
Bluetown Online
Contract Type
Permanent


Job Title: Insurer Reconciliation Administrator

Location: Wolverhampton

Salary: £22,000 per annum

Hours: Monday to Friday 8am-4pm or 9am-5pm

Job Role:
  • To reconcile and settle all OGI insurance premiums to insurers
  • To process all settlement remittances and distribute to the relevant insurer contacts
  • To communicate effectively with insurers ensuring all queries are dealt with promptly and in a professional manner
  • To ensure the Accounts diary is kept up to date and any issues reported
  • To support the Financial Operations Manager


Key Responsibilities:

Individual responsibilities:
  • Control of the Insurer settlement function on OGI ensuring accurate payment of premiums to insurers and monthly reconciliation of all outstanding items
  • Communicate all outstanding items to the Financial Operations Manager, and other relevant areas within the business, to correct the policy data and manage the expectations of the insurers regarding the status of these amounts
  • To prepare weekly BACs payments for Insurers via Barclays Internet Banking - for review by the Financial Operations Manager and authorisation by the Finance Controller
  • To ensure company policy is adhered to in relation to the authorisation of documents and payments
  • Process of spreadsheets and database models using the agreed objectives from the Financial Operations Manager


Team Responsibilities:
  • Credit Control including working of the Accounts diary on a daily basis
  • Regular monitoring and review of client aged debt reports to ensure debt collection is tightly managed, recorded and reported
  • Ensure accurate reconciliation of customer payments
  • Resolution of queries on unpaid premiums
  • Handling telephone queries from Insurers
  • Any ad hoc tasks that may be required to maintain an efficient day to day running of the department


Key Requirements:

Education:
  • Minimum 5 GCSE's grade A to C; or equivalent combination of education and relevant experience


Experience:
  • Two years of job related experience preferably in a similar role within insurance is desirable
  • Preferably worked in a high volume transactional environment


Knowledge, abilities and skills:
  • Knowledge of Insurance or specifically Personal Lines Insurance Broking is an advantage
  • Excellent knowledge of using Microsoft Office products is essential in particular Excel, Word and Outlook
  • Knowledge of OGI or SSP is an advantage
  • Analytically and numerically minded
  • Solid administration experience
  • Good organisational skills
  • Flexible and approachable
  • Attention to detail
  • Self-motivated and enthusiastic


Benefits:
  • 25 days Holiday plus the opportunity to work Good Friday and accrue an additional 2 days holiday
  • Access to offsite parking
  • Pension


Please click the APPLY button to send your CV and Covering Letter for this role.

Candidates with the relevant experience or job titles of: Reconciliation Ledger Clerk, Reconciliation Assistant, Reconciliation Controller, Accounts Assistant, Accounts Administrator, Accounts Clerk, Finance Clerk, Finance Administrator, Finance Assistant, Finance Admin, Accounts Officer, Accounts Team Assistant, Accounts Co-ordinator, Accounts Clerk, SAGE50, SAGE200, Accounts Receivable Assistant may also be considered for this role.