Financial Protection Analyst

Employer
Travel Trade Recruitment
Location
City of London, London, England
Salary
£35000 - £40000 per annum
Closing date
27 Feb 2024

View more

Sector
Tourist Board
Hours
Full Time
Contract Type
Permanent
Job function
Finance

Job Details

Are you experienced in all thing's financial protection? Do you have a proven track record in account management positions? We have the role with you!

We are working with a well known travel association company, who are looking for an experienced Financial Protection Analyst to join their team in the London Bridge area.

This role is suited to an enthusiastic self-starter with excellent interpersonal, communication and team-working skills, strong time-management skills, and good attention to detail. They will be a confident communicator who enjoys liaising with a range of internal and external stakeholders.

The Role:

To manage members' financial protection arrangements (bonds, insurance, trust accounts) and communicate with a range of stakeholders from diverse businesses, from large enterprises through to SME and micro-business owners.

To calculate bonds and insurance premiums correctly and in line with company guidance, assisting members (travel agents and tour operator businesses) to comply with the financial protection requirements and the Package Travel and Linked Travel Arrangement Regulations 2018 (PTRs) where applicable.

To support the team with initiatives and contribute towards collaborative team discussions to deliver effective results.

Duties:

  1. Provide front line account management to a portfolio of members (and their representatives, which included consultants and accountants) in relation to their membership and financial protection arrangements, helping to manage the risks to the company's scheme of financial protection. This includes:
  • Reviewing members' accounts and other financial information to enable the correct calculation of members' financial protection requirements and Insurance PCC Limited (AIPCC) insurance premiums.
  • Corresponding with members on financial protection related matters, and any changes to their business which may impact their membership.
  • Ensuring that members comply with the company's reporting requirements and reviewing members' submissions promptly once received
  • Ensuring that all company processes and Membership Committee decisions are followed
  • Ensure that AIPCC invoices are generated correctly (based on premium rates which change annually) and are sent to all members who provide financial protection.
  • Additionally, assist with credit control activity in relation to members' unpaid invoices.
  • Where requested, support the Senior Financial Protection Manager, Director of Membership and Financial Protection and/or other colleagues with ad hoc activity such as data analysis, process reviews and drafting process documents.
  • Help to create an inclusive and effective team environment, collaborating with colleagues during meetings and when working on initiatives, projects and reports.
  • Undertake any other tasks that may be reasonably requested by the Senior Financial Protection Manager or Director of Membership and Financial Protection.
  • Skills and experience:

    • Self-motivated and proactive character with a 'can do' mindset and the ability to use own initiative.
    • Ability to manage time effectively, to work within given deadlines and within agreed service levels and quality measures.
    • Be part-qualified or qualified by experience with a proven track record in accounting roles or at a reasonable level in the Audit profession.
    • In depth practical understanding of management accounts, audited financial statements and accounts including the profit and loss, balance sheet and the notes to the financial statements and accounts.
    • Experience and knowledge of the travel industry (desirable)
    • Sound understanding of commercial and financial terminology.
    • Good stakeholder management, written and verbal skills - able to communicate with diverse people at all levels, confidently and effectively.
    • Good IT skills (MS Excel, MS PowerPoint, MS Word).
    • Ability to understand risks and confidence to escalate actual or potential risks and issues where appropriate.

    The Package:

    • A salary of £35,000 - £40,000 (dependant on experience)
    • Hybrid / flexible working (modern offices near Borough Market)
    • Generous pension scheme
    • Private medical insurance
    • Social Activities

    Interested?

    Please contact joe@traveltraderecruitment.co.uk or click APPLY below!

    Company

    TRAVEL TRADE RECRUITMENT
    Travel Trade Recruitment handles vacancies from hundreds of employers each year. We have a wide variety of permanent and temporary job opportunities within all sectors of the travel industry, including business travel, tour operations, retail travel, and reservations.
    We want to help you find the ideal travel industry job, make the next career step, and maximise your potential. We do this by finding out about you, as well as what is important to your career goals and lifestyle aspirations.

    TRAINING
    We also offer CRS training courses in the four major systems of Galileo, Sabre, Amadeus, Worldspan, and can advise which course would enhance your career.
    Find more details at www.traveltradetraining.com

    VOTED 'BEST UKTRAVEL RECRUITMENT CONSULTANCY'
    Travel Trade Recruitment won three awards in 2009 for Best Travel Recruitment Consultancy, including 'Best UK Travel Recruitment Consultancy' at the Globe Travel Awards, Star Recruitment Consultancy at the Travel Bulletin Awards, and Travel Recruitment Company of the Year at the recent British Travel Awards. We are an official ABTA Industry Partner, Members of the Institute of Travel and Tourism (IATA) and the Recruitment and Employment Confederation.

    All information supplied to Travel Trade Recruitment will be dealt with confidentiality. Your details will not be passed onto a Client without your specific permission.

    Our service to job seekers is completely free. Contact your nearest office and speak our friendly consultants for free advice, or register for our online recruitment services at

    www.traveltradejobs.com

    London Office
    Tel: 0203 887 9444
    Email: london@traveltraderecruitment.co.uk

    Birmingham Office
    Tel: 0121 222 2624
    Email: birmingham@traveltraderecruitment.co.uk

    Manchester Office
    Tel: 0161 923 6120
    Email: manchester@traveltraderecruitment.co.uk

    Leeds Office
    Tel: 0113 394 4147
    Email: leeds@traveltraderecruitment.co.uk

    Scottish Division
    Tel: 0141 248 5222
    Email: scotland@traveltraderecruitment.co.uk

    Temp Division
    Tel: 0203 887 9444
    Email: temps@traveltraderecruitment.co.uk

     

     

    Company info
    Website
    Telephone
    0203 887 9444
    Location
    3rd Floor, 1 Aldgate
    London
    EC3N 1RE
    GB

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