Your newpany
A leading global speciality insurer known for its strong financial foundation,mitment to innovation, and collaborative culture. You’ll be joining a highly respected organisation that empowers its people and continually evolves to meet the demands of a fast‑moving insurance market.
Your new role
As a Cash Allocation Analyst (Contractor), you will support the Finance function by reducing aged unallocated cash balances identified through Internal Audit. Your day‑to‑day responsibilities will include investigating and reconciling high‑volume, multi‑currency cash receipts, analysing remittances, contacting brokers and insurance counterparties for missing information, and ensuring accurate posting and allocation within core systems. You will also liaise with internal teams, maintain clear audit trails, escalateplex items, and produce regular ageing and progress reports.
What you'll need to succeed
Experiencemunicating directly with brokers or insurance counterparties to resolve payment queries.
Strong analytical skills with the ability to manage high‑volume, multi‑currency cash allocation tasks.
Confidence investigating aged items and working proactively to obtain missing documentation.
Ability to collaborate across Finance, Credit Control, Underwriting, Claims, and Treasury.
Desirable: experience in the London Market, understanding of underwriting/claims cash processes, exposure to clearing aged backlogs, and familiarity with bordereaux and audit remediation work
What you'll get in return
Apetitive contractor package, the opportunity to work with a global market‑leading insurer, and exposure to a dynamic finance environment focused on improvement, growth, and operational excellence.
Finance professionals in London are responsible for managing financial operations, analyzing market trends, and making strategic investment decisions. They may work in various industries, including banking, asset management, and corporate finance, and are expected to have strong analytical and problem-solving skills.
Typically, finance jobs in London require a degree in finance, accounting, or a related field, as well as professional certifications like CFA, ACA, or CIMA. Relevant work experience and strong technical skills are also essential for success in the field.
Salaries for finance professionals in London vary depending on factors like job title, experience, and industry. However, average salaries range from £40,000 to over £100,000 per year, with senior roles and investment banking positions tend to offer higher compensation packages.
Key skills for a career in finance in London include financial modeling, accounting, data analysis, and strong communication skills. Proficiency in financial software and systems, as well as knowledge of regulatory requirements and industry trends, are also essential for success in the field.
London offers excellent career growth prospects for finance professionals, with opportunities to move into senior roles, specialize in a particular area, or transition into related fields like consulting or fintech. With experience and continuous professional development, finance professionals can expect to advance their careers and increase their earning potential.
