Urgent Search Senior Process Analyst

Employing Entity Mrald Mphasis s dedicated UK Insurance operational services delivery vehicle Job Summary - End to end back office service for Insurance Broking Accounts IBA Perform credit control Perform cash and payment reconciliation and system allocation Perform client and insurer statement reconciliation Premium and return premium collections - including providing reminders to Broker Account Executive Insured and Insurers Follow up and query management for unmatched cash uncollected debt queries preventing settlement to Brokers Insureds Insurers and third parties etc Make payments to Clients Brokers Insured s Insurers and third parties including approving payment per the agreed approval process Bureaux and Non-Bureaux Collect funded balances PPW and PPC payment ownership Ensure adherence to FCA client money rules Other tasks as required by the Team lead or Senior Technician Years of experience needed - 1-4 years of experience in insurance accounting or another financial services sector Technical Non-Technical Skills Relationships Team Members Regular interaction with Trainee Technicians to review and provide guidance on deliverables Mentor Trainee Technicians Others Within the company Collaborate with stakeholders to identify improvement opportunities and manage expectations Participate and proactively contribute to new project related initiatives Outside the company Liaise with the Clients Agents Retail Brokers Insurers Person Specifications Education Graduate Post Graduate Work Qualifications Insurance or accounting industry qualification is a plus Experience Essential Experience in one of these areas credit control and cash allocation accounts payable account reconciliation Understanding of insurance process Added advantage but no compulsion IBA experience Certifications Needed NA About Mphasis Mphasis applies next-generation technology to help enterprises transform businesses globally Customer centricity is foundational to Mphasis and is reflected in the Mphasis Front2Back Transformation approach Front2Back uses the exponential power of cloud and cognitive to provide hyper-personalized C X2C2TM 1 digital experience to clients and their end customers Mphasis Service Transformation approach helps shrink the core through the application of digital technologies across legacy environments within an enterprise enabling businesses to stay ahead in a changing world Mphasis core reference architectures and tools speed and innovation with domain expertise and specialization are key to building strong relationships with marquee clients Skills PRIMARY COMPETENCY Insurance PRIMARY SKILL Insurance-Underwriting Speciality Insurance PRIMARY SKILL PERCENTAGE 100 About Company Mphasis is a leading IT solutions provider offering Applications Business Process Outsourcing BPO and Infrastructure services globally through a combination of technology knowhow domain and process expertise The accolades we have been garnering can be attributed to our undeterred focus in delivering quality solutions across verticals that meet the challenging requirements of our esteemed customers We have been recently felicitated by the economic times as the most distinguished digital company 2015 We have also been ranked 29 of 100 largest financial technology vendors by American Banker and BAI in the FinTech Forward Top 100 rankings