Accounts Payable & Receivable Technician (FTC)

Munich Re; Manchester; On-site; GBP 25,000 - 45,000

Job description

About us

At Munich Re Specialty – Global Markets (MRS-GM), it is our ambition to become the leading Primary Specialty Insurance provider, underpinned by an effective and adaptable strategy, superior products and industry leaders working in a supportive environment to achieve this.

At the heart of our success is a strong culture where people are encouraged to be present, bold and curious, allowing them to achieve their individual goals.

We are currently looking for an Accounts Payable & Receivable Technician to be based in Manchester or Liverpool on a 6 month contract, reporting into the Finance Accounts Receivable & Payable Manager.

Responsibilities:

1. To be proficient and accurate in the processing and recording of:
2. Premium receipts and payments
3. Claims payments and receipts
4. Commission payments and receipts
5. Other insurance technical cash movements
6. Operational payments and receipts i.e. suppliers, employee expenses
7. Deal with queries and resolve any issues, discrepancies
8. Assist in the completion of specific key balance sheet controls and reconciliations.
9. Assist in the annual audit by providing support and workings as required and via process walkthrough’s.
10. Complete the upload of bank statement & clearing of bank open items in the ledger
11. Produce appropriate KPI reporting for consolidation into the teams KPI’s
12. Ensure all processes are documented effectively, detailing areas of judgement
13. Manage tasks within agreed timetable including booking relevant review meetings with management
14. Critically appraise all processes and assumptions on an ongoing basis with a ‘continual improvement outlook’ and proactively engage with relevant stakeholders to improve where opportunity exists
15. Assist in other areas of the team and provide effective cover where appropriate as assigned

Knowledge and Skills

1. Team orientation: Work cooperatively and flexibly with other members of the team with a full understanding of the role to be played as a team member.
2. Achievement/results-orientation: Get things done well and the ability to set and meet challenging goals, create own measures of excellence and constantly seek ways of improving performance.
3. Planning and prioritising: The ability to decide on courses of action, ensure that the necessary resources are available and schedule the work required to achieve a defined result in a desirable manner.
4. Communication: Communicate clearly and persuasively, both orally and in writing.
5. Problem-solving: Analyse situations, diagnose problems, identify the key issues, establish and weigh up alternative courses of action and produce a logical, practical and acceptable solution.

If you are excited about this role but your experience does not align perfectly with everything outlined, or you don’t meet every requirement, we encourage you to apply anyway. You might just be the candidate we are looking for!

At Munich Re, Diversity, Equity, and Inclusion foster innovation and resilience and enable us to act braver and better. Embracing the power of DEI is at the core of who we are. We recognise diversity can be multi-dimensional, intersectional, and complex, so we want to build a diverse workforce that includes a wide range of racial, ethnic, sexual, and gender identities; economic and geographic backgrounds; physical abilities; ages; life, school, and career experiences; and political, religious, and personal beliefs. Additionally, we are committed to building an equitable and inclusive work environment where this diversity is celebrated, valued, and has equitable opportunities to succeed.

All candidates in consideration for any role can request a reasonable adjustment at any point in our recruitment process. You can request an adjustment by speaking to your Talent Acquisition contact.

Learning and innovating today, striving for sustainable societies and business tomorrow

At Munich Re Specialty – Global Markets our approach to ESG is underpinned by our desire to seize business opportunities and to nurture a stimulating and inclusive work environment. Our ESG strategy aims to deliver holistic impacts across environmental, social and governance topics including supporting a number of local initiatives within our community and offering volunteering opportunities for colleagues.

Benefits:

• Critical illness insurance + Life Assurance + Permanent Health Insurance
• Wellbeing and Development Scheme + EAP + Health Assessments (subject to scheme eligibility)
• Electric Vehicle Salary Sacrifice Scheme
• Study & continuing Professional Development Support