Cash Allocation Analyst

Job Description

High‑impact cash allocation contract role with a leading global insurer

Your new company
A leading global speciality insurer known for its strong financial foundation, commitment 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, escalate complex items, and produce regular ageing and progress reports.
What you'll need to succeed
Experience communicating 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
A competitive 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.
What you need to do now
If you're interested in this role, click 'apply now' to forward an up-to-date copy of your CV, or call us now.
If this job isn't quite right for you, but you are looking for a new position, please contact us for a confidential discussion about your career.
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