This role is a great opportunity for an individual new to MI and looking expand on their excel skills by working within an MI team to identify, analyse and interpret trends and patterns within an IBA / Treasury environment. The role will focus on monitoring and investing Group balances in money market funds whilst building and providing key information to the business around company performance.
Key Stakeholders:
IBA Team members
Business Colleagues including Account Executives & Handlers
Management Accounts & Finance Business Partners
Group Treasury
Internal & External Auditors
Clients
Third parties including Insurers, Underwriters, Brokers, Finance Providers & Banking Partners
Responsibilities:
Management of own workload to achieve targets and quality standards as per agreed objectives.
Monitor and facilitate money for existing investments ensuring the Group is operating within the Group policy.
Working with senior management and our treasury to maximise returns by increasing the entities we are investing in and increasing the percentage invested.
Modelling and forecasting predicted cash flows
Supporting our lead IBA MI team with monthly and ad hoc requests
Monitor quality standards within the team taking appropriate action to ensure expected standards are met
Completion of RMARs to provide supporting documents for FCA returns
Support the completion of process and procedure mapping and documentation
Tracking and reconciling of third-party insurers
Oversight and reconciliation of the claims bank reconciliation
Providing support with audits requests
Identify control weaknesses to improve business performance
Proactively support continuous improvement opportunities
Identify and escalate breaches of company policy & CASS rules
Complete all mandatory training and development activities in required timeframe
Comply with all Group and departmental policies & procedures
Experience:
Strong analytical and problem-solving skills
Excellent attention to detail and accuracy
Proficient in using MS Office including Excel & Word
Effective communication and interpersonal skills
Ability to work independently and prioritise tasks
Previous experience in finance administration or reconciliation would be desirable
Knowledge of the insurance industry and insurer accounting is a plus
Working knowledge of Power BI or similar visualisation software
Use of Excel Macros or DAX
Previous experience using MS Visio
Further information
As well as a competitive salary we offer the following benefits -
Competitive holiday allowance with the annual option to buy additional days
Death in Service benefit of x4 salary
Company pension scheme
Enhanced maternity and paternity leave packages
A flexible benefits package which allows you to add additional benefits to your overall package
Our benefits portal offers discounts on technology & electronics, cinemas, restaurants, days out, mortgage advice, travel and many more
Referral schemes
Discounted rates on PIB products
We offer a first-class employee benefits and welfare package to support our employees with financial management, cycle to work scheme, counselling support, health screening, will writing, menopause support, books, stopping smoking and much more
If supporting the local community, engaging with charities and having the opportunity to ‘give something back’ interests you, you have the opportunity to take an extra day to support this with a Volunteering day.
We also offer a wide range of discounts including a kids pass – giving you discount to over 4500 attractions and activities, discounts at hairdressers and beauticians, climate change projects with lots of other options to choose
PIB has a comprehensive learning & development framework, including professional study options and apprenticeships which are available to all employees, and which will support your career development
Being a part of our PIB Community Trust, we support fundraising where you can apply for grants from PIB Group towards your chosen charity
PIB Group are committed to improving their environmental impact in a responsible way. From the individual actions that our colleagues take every day through to installing the right facilities across our premises, there are many measures in place to help reduce PIB’s carbon footprint.
We are proud of our success and growth and have been recognised for many industry awards across our business. If you wish to work for a company that truly puts people at the heart of their organisation, then we would love to hear from you. PIB operates a flexible working policy, and our management teams will talk to you about how that would meet both your flexible working needs and those of the business and role you are applying for. We would love to hear from you if you want to hear more about opportunities in PIB.
We are an equal opportunities employer, committed to hiring a diverse and inclusive workforce. We do not discriminate on the basis of race, colour, gender, religion, disability, age, sexual orientation or any other characteristic protected by law.
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