Oversee assigned staff and provide review and control over credit control reporting, AR aging, unapplied cash and oversee and assist with the development of necessary reporting, communication, and ...
Oversee assigned staff and provide review and control over credit control reporting, AR aging, unapplied cash and oversee and assist with the development of necessary reporting, communication, and ...
Oversee assigned staff and provide review and control over credit control reporting, AR aging, unapplied cash and oversee and assist with the development of necessary reporting, communication, and ...
Oversee assigned staff and provide review and control over credit control reporting, AR aging, unapplied cash and oversee and assist with the development of necessary reporting, communication, and ...
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... * Assist in establishing and maintaining appropriate internal controls to ensure 100% SOX ... High School Diploma or equivalent * 4 years of experience in B2B collections, credit control, or ...
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... • Assist in establishing and maintaining appropriate internal controls to ensure 100% SOX ... collections, credit control, or equivalent combination of education and experience Knowledge ...
... • Assist in establishing and maintaining appropriate internal controls to ensure 100% SOX ... collections, credit control, or equivalent combination of education and experience Knowledge ...
... • Assist in establishing and maintaining appropriate internal controls to ensure 100% SOX ... collections, credit control, or equivalent combination of education and experience Knowledge ...
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The Commercial Credit Assistant assumes various administrative and control duties in support of the Commercial Lending and Credit function of the bank. GENERAL DUTIES AND RESPONSIBILITIES: * Performs ...
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Credit Control Assistant information
Full-time
Posted 5 hours ago
Job description
Refer to the job description below
JOB TITLE:
Manager, Financial Operations
DEPARTMENT:
Finance- Ambridge
JOB HOLDER:
TBD
REPORTS TO:
Ambridge US Head of Financial Operations
Purpose of the Job:
The role requires a detail oriented, driven leader with proven experience in a P&C insurance carrier or MGU/MGA environment with hands-on knowledge of specialty insurance and reinsurance products and related credit control, bordereau processing and related cash management activities. Will be the primary responsible position for overseeing financial control and process optimization efforts in all assigned financial operations areas. Position will be business partner Ambridge Senior Finance Director in respect of financial operations, processes, and controls; Ambridge Legal in respect of delegated authority operations, claims funding & processing, third party administration reporting & funding; Ambridge Operations in respect of system implementation and other process optimization opportunities. The individual will assist Ambridge finance in critical key projects affecting Ambridge finance and alignment with Ambridge and Amynta initiatives.
They will need to display excellent analytical skills with the ability to go beyond the numbers and understand key business and performance drivers, balance the need to work collaboratively with all colleagues and manage certain resources and projects not directly under their control in a diplomatic and collegial manner.
Individual will need to have the aptitude to evaluate requirements, clearly design and frame outputs, identify "root cause: issues and direct remediation or enhancement efforts as required.
Budget and Headcount Information:
- Ambridge Financial operations staff and resources
- To assist in the recruitment of new team members in conjunction with HR and the Ambridge financial leadership team.
- To lead and motivate team members providing support and guidance for their overall development.
Regulatory Conduct Rules
Act with integrity.
Act with due skill, care and diligence.
Be open and co-operative with all regulators.
Pay due regard to the interests of customers and treat them professionally.
Observe proper standards of market conduct.
Principal Accountabilities:
- Manage all assigned areas of Ambridge financial operations including but not limited to technical accounting, disbursements, credit control and controls.
- Liaise directly with Ambridge finance managers and Amynta colleagues on process optimization, assist with efforts on financial control design, execution and implementation.
- Manage the written premium booked to the (P&L) and premium signed (balance sheet) bordereau processed to capacity partners delivering reporting accuracy for analysis and trends.
- Manage our offshore and onshore teams who create premium invoices as well as match cash that is applied to open invoices in our underwriting system.
- Prepare flux analysis explanations on material items related to the Transactional P&L and balance sheet.
- Liaise with internal departments (operations, underwriting, claims) to resolve premium related billing/collection discrepancies.
- Monthly review of the aged receivable items on the balance sheet which is provided to management.
- Ensure Ambridge financial, legal and corporate operations strive for and optimally support the Amynta financial reporting process in a well-controlled and efficient manner.
- Assist with the development and implementation of Ambridge credit control area leveraging existing technology and skills and establishing and maintaining positive and proactive relationships with product teams, brokers and internal colleagues, as required.
- Oversee assigned staff and provide review and control over credit control reporting, AR aging, unapplied cash and oversee and assist with the development of necessary reporting, communication, and follow-up activities with product teams.
- Work collaboratively with Ambridge COO and operations team on the development and/or refinement enhancement of operational reporting as it relates to premium, claims, reinsurance products, delegated authority and related operational information, including how best to support new programs/projects, and structures.
- Provide oversight of key technical accounting areas in reinsurance accounting and credit control, insurance credit control, delegated authority operations, and claims operations, inclusive of funding requirements.
- Assist Claims operations with claims payment and related systems and work with staff to ensure appropriate controls are efficient and effective and document in accordance with local and Amynta requirements.
- Assist with Amynta financial controls teams to align controls and ensure appropriates governance.
- Ability to assist in ad-hoc work and strategic projects as required with the aptitude to challenge the business and frame insightful output.
Education, Qualifications, Knowledge, Skills and Experience:
- Finance or accounting background demonstrated 10+ years in Property casualty industry. CPA or advanced finance or accounting degree preferred.
- Strong P&C Product Insurance and or reinsurance experience from either a carrier or MGA/MGU preferred
- Solid experience of business performance management disciplines, business process improvement, balanced business scorecards or KPI reporting.
- The ability to establish effective working relationships across the business.
- Experienced people manager with strong management skills, comfortable managing others'
targets and workloads.
- Strong communicator, able to identify, understand and discuss complex concepts with both expert and non-expert colleagues.
- Flexible approach to work and the ability to use your initiative whilst being involved in a number of ongoing projects at any time.
- The ability to prioritize workload and manage time effectively to ensure successful completion of work in a timely manner for both self and team.
- Ability to quickly learn internal systems, tools and models efficiently and lead efforts on process improvement, internal controls and compliance in concert with colleagues through the Ambridge and Amynta organization
Manager role as part of the Ambridge finance group will also work closely with Ambridge leadership and cross functional managers and work collaboratively with Amynta colleagues and various projects and initiatives as required.
As a term of your employment, you may be required to undertake such other duties as may reasonably be required of you in the post and department mentioned above.
Signed by the candidate...........................................
Name ............................................ Dated ..................................
The Amynta Group (the "Company") is committed to a policy of Equal Employment Opportunity and will not discriminate against an applicant or employee on the basis of any ground of discrimination protected by applicable human rights legislation. The information collected is solely used to determine suitability for employment, verify identity and maintain employment statistics on applicants.
Applicants with disabilities may be entitled to reasonable accommodation throughout the recruitment process in accordance with applicable human rights and accessibility legislation. A reasonable accommodation is an adjustment to processes, procedures, methods of conveying information and/or the physical environment, which may include the provision of additional support, in order to remove barriers a candidate may face during recruitment such that each candidate has an equal employment opportunity. The Company will accommodate a candidate to the point of undue hardship. Please inform the Company's personnel representative if you require any accommodation in the application process.
About Amynta Group
Sourced by ZipRecruiter
Industry
Insurance services
Company size
1,001 - 5,000 Employees
Headquarters location
New York, NY, US
Year founded
2018