Accounts Payable Analyst

Workplace and schedule

• The role is described as on site in London.
• Permanent, full-time position.

The role

Key accountabilities

• Process premium, claim, and other insurance-related payments through banking platforms under company procedures and delegated authorities.
• Download and reconcile daily bank statements and ensure offshore transaction updates are accurate.
• Enter, upload, and monitor payment instructions; create and allocate manual cash vouchers for premiums, claims, and internal transfers.
• Monitor outstanding payments, investigate discrepancies and rejected payments, resolve banking exceptions, and escalate delays.
• Follow up overdue balances and aged debt with brokers and clients; maintain query records and investigate unallocated cash.
• Provide supporting evidence for audits and support testing for finance system enhancements and process changes, including UAT and documentation of results.
• Identify process improvement and automation opportunities and support cost control, productivity, quality, and data integrity.
• Comply with regulatory requirements, operational risk parameters, FCA conduct rules, and internal policies; report policy breaches and escalate risk events.

Skills and experience

• At least two years’ experience in credit control, accounts payable, or general accounting.
• Insurance or financial services experience is preferred.
• Strong working knowledge of MS Office, especially Excel, Word, and Outlook.
• High attention to detail, analytical skills, and ability to manage multiple priorities.
• Excellent written and verbal communication and interpersonal skills.
• Ability to work independently and collaboratively in a fast-paced environment.

About The Fidelis Partnership