Munich Re Specialty: Your Trusted Partner in Specialty Insurance
Munich Re Specialty offers comprehensive specialty insurance solutions, combining industry-leading expertise with simplified access to a diverse range of products and services. Backed by Munich Re’s financial strength, stability, and deep industry commitment, we provide tailored solutions to meet the unique needs of our clients worldwide.
Our partners benefit from top-tier claims management, underwriting excellence, and advanced risk management services, all delivered through a global network of trusted advisors. At Munich Re Specialty, we prioritize understanding your challenges and delivering customized solutions—giving you the confidence and security to navigate the ever-evolving insurance landscape.
‘Munich Re Specialty – Global Markets, UK’ is an approved trading name of Munich Re Specialty Insurance (UK) Limited, a company registered in England (Registration No. 01262636). Our registered office is at Union, 2-10 Albert Square, Manchester, M2 6LW. Authorised and regulated by the Financial Conduct Authority (FRN: 310539).
Accounts Payable & Receivable Technician (6-Month Contract)
Company: Munich Re Specialty – Global Markets
Location: Manchester or Liverpool, United Kingdom
About Us
At Munich Re Specialty – Global Markets (MRS-GM), our ambition is to become the leading provider of Primary Specialty Insurance. We achieve this through a dynamic strategy, superior products, and a team of industry leaders working in a collaborative and supportive environment.
Our success is built on a strong culture that encourages individuals to be engaged, bold, and curious, empowering them to reach their professional goals.
About the Role
We are seeking an Accounts Payable & Receivable Technician to join our Finance team on a 6-month contract, reporting to the Finance Accounts Receivable & Payable Manager. This role is key in ensuring accurate and efficient financial processing, contributing to the smooth operation of our finance functions.
Key Responsibilities
- Accurate processing and recording of financial transactions, including:
- Premium receipts and payments
- Claims payments and receipts
- Commission payments and receipts
- Other insurance-related cash movements
- Operational payments (e.g., suppliers, employee expenses)
- Resolve queries and discrepancies, ensuring timely issue resolution.
- Assist with key balance sheet controls and reconciliations.
- Support the annual audit by providing necessary documentation and process walkthroughs.
- Upload bank statements and clear open ledger items.
- Generate KPI reports for team performance tracking.
- Ensure all financial processes are well-documented.
- Manage tasks efficiently within set timelines and coordinate reviews with management.
- Continuously assess and improve processes, identifying opportunities for optimization.
- Provide support across the team and cover additional responsibilities as needed.
Key Skills & Attributes
- Team Player: Works collaboratively and understands their role within the team.
- Results-Driven: Strives for excellence and continuous improvement.
- Organized & Efficient: Effectively plans and prioritizes tasks.
- Strong Communicator: Articulates ideas clearly, both verbally and in writing.
- Problem-Solver: Diagnoses issues, evaluates solutions, and implements practical outcomes.
Why Join Us?
If you’re excited about this role but don’t meet every requirement, we still encourage you to apply! You may be exactly the candidate we’re looking for. Join us and be part of a dynamic, forward-thinking team in the specialty insurance industry.
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