Fiduciary Accounting Specialist

2 weeks ago


Hartford, Connecticut, United States Clark Insurance Full time
Job Title: Fiduciary Analyst

Company: Clark Insurance

Description:

Guy Carpenter is seeking a Fiduciary Analyst for a 9-month temporary position in our Philadelphia, PA or Hartford, CT office. As a Fiduciary Analyst, you will be responsible for providing fiduciary services to clients and markets with pro rata, XOL, and FAC. Your primary focus will be on reconciliation of complex accounts, driving efficiencies in fiduciary workflow processes, and analyzing fiduciary metrics to determine root causes.

Responsibilities:

  • Work with North America Fiduciary team colleagues to provide fiduciary services to all clients and markets with pro rata, XOL, and FAC.
  • Focus on reconciliation of complex accounts.
  • Assist in driving efficiencies in fiduciary workflow processes.
  • Analyze fiduciary metrics and determine root causes.
  • Review LAPs reports.
  • Assist in driving Collection of Client premium and net account balances.
  • Assist in driving Collection of Market cash calls and CAT claims.
  • Generate ad hoc market payments.
  • Work with the client and market team on account reconciliations when associated with cash application.
  • Assist with customer banking setup process including approval.
  • Assist with client and market technician queries including approval of system reconciliations.
  • Complete controllership reporting for FAC.
  • Authorize system payments and vet for funding.
  • Participate in projects as needed.
  • Assist Team Manager and Senior Leader as required.

Requirements:

  • 2+ years of experience in Cash Accounting and Fiduciary Accounting.
  • Demonstrated experience with Word, Outlook, and Excel.
  • High attention to detail.
  • High degree of analytics required in MS Excel.
  • Comfortable with working in a fast-paced deadline-oriented environment.

What makes you stand out:

  • Previous reinsurance settlement experience helpful, but not required.
  • Ability to organize and analyze medium to large-size datasets.

Guy Carpenter & Company, LLC is a leading global risk and reinsurance specialist with more than 3,100 professionals in over 60 offices around the world. We deliver a powerful combination of broking expertise, trusted strategic advisory services, and industry-leading analytics to help clients adapt to emerging opportunities and achieve profitable growth. We are committed to embracing a diverse, inclusive, and flexible work environment and aim to attract and retain the best people. If you have a need that requires accommodation, please let us know by contacting us. We are committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections, and professional development benefits of working together in the office.



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