Financial Analyst Assistant (Claims)

Term: Part Time (28 hours - flexible working pattern)
Duration: 9 month Fixed Term Contract

Royal London is the largest mutual life and Pensions Company in the UK with Group funds under management of £49.8 billion. Group businesses serve over 3.6 million customers and employ 2,910 people. We offer a range of pensions, protection and investment products, which are distributed principally through intermediaries.

Our vision is to become the UK's leading customer-owned financial services organisation. The specialist businesses that make up the Royal London Group are clearly positioned within their markets and our goal is to provide innovative solutions that match the needs of distribution partners and customers.

A fantastic opportunity has arisen for a Claims Financial Analyst Assistant to join our Reassurance Team based in Glasgow, on a part time, fixed term basis. The role will provide cover for maternity leave for approximately 9 months from the beginning of February.

The role will encompass a wide range of responsibilities some of which are set out below:

Main duties will include

- Responsible for ensuring reassurance premium data is sent out in accordance with the reassurance treaties
- Responsible for populating the reinsurance premium and netting off schedules
- Processing accounting entries for reassurance transactions
- Responsible for carrying out a policyholder claim payment reconciliation
- Carrying out monthly accounting reconciliations
- Carrying out all tasks to given deadlines and in accordance with laid-down procedures
- Ensuring netting off statements agreed with each Reinsurer prior to BACS settlement
- Prepare BACS settlement schedule

Applicants must have

- Solid experience of MS Excel - Vlookup, pivot tables
- Numerate
- The adaptability to understand in-house policy administration systems
- Experience of analysing and processing financial data
- Excellent organisational skills, managing time effectively to meet tight deadlines
- A detailed, meticulous, thorough approach to work
- Good communication skills
- Good team working skills

To apply for this position, please use the 'Apply Online' link below.