
Senior Insurance Accounting Professional
5 days ago
We are seeking an experienced professional with strong expertise in insurance accounting, specifically in the UK market. The role involves managing financial processes, ensuring accurate and timely delivery of broker-related operations.
The ideal candidate will have a proven track record in managing cash applications, collections, insurer reconciliations, and bordereaux preparation. They will also ensure compliance with regulatory standards and maintain accurate financial records.
- Manage debtor and creditor ageing
- Perform bank reconciliation
- System experience – Acturis, Web Sure, Broker Sure, LexisNexis
- Knowledge of broker vs sub-broker, wholesale vs retail broker
The selected candidate will be responsible for:
Key Responsibilities- Process and apply incoming cash receipts accurately across client and insurer accounts
- Manage collections and follow up on outstanding balances with insurers and clients
- Perform insurer statement reconciliations and resolve discrepancies
- Prepare and review bordereaux reports and calculate client money positions in line with UK regulations
- Ensure compliance with broker trust account rules and IBA accounting standards
- Support month-end close activities and maintain accurate financial records
- Collaborate with internal teams and external stakeholders to ensure smooth financial operations
- 2+ Years of Strong knowledge of UK IBA accounting and broker operations
- Experience in cash applications, insurer reconciliations, collections and bordereaux preparation
- Familiarity with client money rules and insurer statement handling
- Proficient in Excel and financial systems; strong communication and problem-solving skills
Joining our organization means becoming part of a dynamic team where you can grow and contribute to our collective goals. We offer competitive salaries, comprehensive benefits, and a supportive environment that values work-life balance.
Work ModelLocation: Noida
Model: WFO
Shift Timings: 12:30PM IST – 10:00 PM IST
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