Claim Control Lead

Since Aspen was founded in 2002, we have become a leading, diversified specialty insurance and reinsurance company. We respond thoughtfully and creatively to find the best outcomes for our clients and business partners through carefully-tailored solutions.

We believe the way we work is just as important as the work we do, and we are guided by our core values of respect, honesty, trust and professionalism.

Aspen is a great place to develop your career offering an exciting and challenging environment where achievement is rewarded.

Role purpose 

Carries operational accounting and financial reporting activities for UK entity relating to Claim payment processes. Assisting with accounting and reporting activities to ensure accuracy and consistency of underlying data, and to liaise with external and internal customers, to maintain statutory and regulatory compliance, and ensure alignment with Aspen’s finance policies.
Our Aspen Values are expected to be reflected in the delivery and performance of every role
 

Key Results Areas

Strategy and Planning

• Contributes to the preparation and implementation of the operational team plans to ensure these include operational considerations for delivery.
• Determines own work priorities and activities in line with agreed plans to ensure the achievement of personal and team objectives.
• Benchmarking of delivery to plan objectives

Policy, Process and Procedures

• Establish and maintain processes to manage scope over the Claim payment lifecycle, setting quality and performance standards, and assessing and managing risk within, and across claim team and finance.
• Comply with all legal and regulatory requirements to ensure obligations are met
• Contribute to the review and  refinement of process, procedures and systems to continuously improve the efficiency of accounting activities

Technical Performance

• Complete  accurate and timely day to day  accounting functions including but not limited to third party claim reconciliations, processing of payments, general ledger maintenance (including journal posting),to ensure effective and efficient processing, accurate record and compliance with stakeholder requirements, and Aspen’s strategy and policies.
• Prepare accurate and timely reporting, ensuring the overall quality and completeness of reports and supporting audit trail
• Ensures market and commercial awareness to investigate how to get the best of underlying services and identify proactive solutions.

Knowledge

• Good knowledge of relevant current statutory, legal and regulatory accounting requirements
• Thorough understanding of best practice accounting and regional accounting standards
• Excellent Knowledge of relevant accounting Software and tools

Skills

• Highly proficient in MS systems such as Excel
• Good analytical skills
• A high level of numeracy and literacy
• Attention to detail
• Effective time management skills with the ability to manage priorities to meet strict deadlines

Experience

• Part or newly qualified accountant preferably ACCA or equivalent
• Experience of commercial accounting experience within a complex financial services organisation
• Experience with working with an offshore provider highly preferred

At Aspen we know that having a diverse and inclusive workforce is good for our people, good for our business and good for the environments in which we operate.  We therefore welcome applications from people which allows us to draw on diverse cultures, perspectives, skills and experiences.