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Your new companyAn exciting opportunity has arisen to join a specialist Lloyd's of London broker as a Finance Assistant, based in their City of London office. You'll be part of a dynamic and fast-growing team that manages a diverse portfolio of UK and international clients. This role is ideal for someone with a foundational understanding of bookkeeping or accounting within financial services, who is ready to take the next step in their career. The position offers excellent prospects for professional development, including the chance to enhance your technical skills, pursue further qualifications, and grow within a supportive and ambitious company.
Your new roleThey are seeking a detail-oriented and proactive Finance Assistant to manage the end-to-end financial transactions of the company's Yacht Facility. The ideal candidate will handle the day-to-day financial operations related to underwriting, claims management, premium collections from agents, payments to insurance companies and commission payments to producers.
- Manage and process month-end financial reporting for the Yacht account
- Organise timely BACS premium payments and issue payment bordereaux
- Reconcile multi-currency bank accounts
- Process accurate and timely claims payments
- Track and follow up on overdue premiums, ensuring compliance with payment terms
- Send cancellation notices for overdue premiums
- Prepare monthly performance reports for the Managing Director
- Reconcile monthly income, including premiums received, payments made, and commissions paid
- Collaborate with the wider yacht team to resolve finance-related issues
- Maintain strong relationships with insurers, agents, and brokers, resolving queries promptly
- Provide general support to the finance team as required
What you'll need to succeed
- Have at least 2 years' experience working in an accountancy/finance role, ideally with knowledge/experience of insurance processes (e.g. premium collections and claims management)
- Experience with multi-currency payments
- Studying towards accounting qualification
What you'll get in return
- Competitive market salary + Study Support
- Hybrid working
What you need to do nowIf you're interested in this role, click 'apply now' to forward an up-to-date copy of your CV, or call us now.If this job isn't quite right for you, but you are looking for a new position, please contact us for a confidential discussion about your career.
Hays Specialist Recruitment Limited acts as an employment agency for permanent recruitment and employment business for the supply of temporary workers. By applying for this job you accept the T&C's, Privacy Policy and Disclaimers which can be found at hays.co.uk
