Payments & Receipts Specialist - Prague, Czech Republic

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Payments & Receipts Specialist - Prague, Czech Republic

Life is full of risks, from unexpected hurricanes to earthquakes, terrorism to cybercrime, always ending up with financial impacts. They can't be controlled but can be managed. Join Aon to help our clients manage these risks in the world of reinsurance - the most stable financial industry, highly developed in global financial centres such as Zurich, London, Bermuda or Chicago.

Payments & Receipts Specialist

In this role, youll be part of our Prague-based team that supports over 130 insurance companies across Europe, Israel, and the Middle East . Youll gain hands-on experience and learn all about the reinsurance industry. Its a great opportunity to grow your skills, work with international clients, and be part of a friendly, collaborative team thats passionate about what we do.

What the day will look like

• ▪Managing assigned portfolio of clients (insurance companies) and business partners (reinsurers)
• ▪Ensuring on time payment performance - selection of payable transactions and issuing payments in the processing system
• ▪Preparation and sending of payment notifications for all issued payments and lists of balances
• ▪Monitoring of bank accounts in various currencies, monitoring of relevant due dates and chasing clients/reinsurers for settlement
• ▪Cash management - responsibility for incoming payments and their allocation against respective entries in accounting system
• ▪Analyses of payables and receivables & compensation possibilities
• ▪Coordination of transactions on two different ledgers
• ▪Written and verbal communication with insurance companies from EMEA region and reinsurers worldwide
• ▪Issuing confirmation for audit purposes
• ▪Cooperation with the accounting team, brokers & other internal partners

Skills and experience that will lead to success

• ▪3 years of relevant experience or university degree (finance and economics)
• ▪You have very good knowledge of English and French , any other EMEA language is welcomed!
• ▪User knowledge of MS Office , especially Excel
• ▪Experience in insurance or reinsurance business is an advantage. However, training will be in place if this is not your immediate background.
• ▪Attention to detail , mathematical way of thinking and enjoy analyzing problems and implementing the appropriate solutions in a methodical manner
• ▪Strong work ethic with a professional outlook, good organization skills and ability to manage stress

Please note applications are available for candidates withvalid work permit for Czechia.

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