Accounts / Fiduciary / Treasury Assistant

Recruiter
Massenhove Recruitment
Location
Colchester, UK
Salary
Competitive
Posted
15 Aug 2019
Closes
02 Sep 2019
Ref
1222706608
Sector
Accountancy
Contract Type
Permanent
Hours
Full Time
Accounts / Fiduciary / Treasury Assistant

Job Market - Accounts / Insurance

Accounts / Fiduciary / Treasury Assistant - About the role

Assisting the Treasury Supervisor monitoring circa 30-50 client accounts. You will ensure claims payments are made in a timely manner, reconciliations are completed daily and funding levels are consistently reviewed. The role will be reporting into the Fiduciary Supervisor, but ultimately, the Head of Fiduciary. This role will also include some transactional duties in addition to the day-to-day side of the role where the individual will be responsible for processing payments on a number of client accounts.

Ensuring that claims payments are being processed within 48hrs of claims handler authorisation.

To ensure that client bank accounts are reconciled to Excel cashbooks on a daily basis.

To deal with ADHOC queries on payments made, i.e. inform handlers of when payments were made etc.

To ensure that remittances are sent out to recipients of payments.

To continuously review funding levels in client accounts to ensure we never run out of funds.

Inform line manager if funds reach critical levels.

To monitor float levels on a monthly basis reviewing against monthly spend to identify any trends in spend uplift.

Monthly reconciliations across client accounts within tight deadlines. This will involve reconciliation cashbook to bank account and cashbook to the monthly claims bordereaux.

To upload payments on both our claims management system and online banking.

Accounts / Fiduciary / Treasury Assistant - Key skills & requirements

Strong reconciliation skills.

Strong Excel skills are essential as most reconciliations to MI use a range of formulae.

Ability to work to tight deadlines to ensure client demands are met for month end reconciliations.

Ability to see issues through from start to completion.

A basic understanding of insurance claims management (not essential).

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