About us Avencia are partnered with a global insurer and member of the Talanx Group who are looking to hire a Delegated Authorities Technical Accountant in their London office. The role To carry out all aspects of insurance technical accounting for delegated authority business. Key accountabilities Participation in the quarterly closing processCollaborating on cross-departmental projectsCommunicate with brokers to facilitate the timely collection of debtTo accurately process all cash amounts to the appropriate ledger (via Xchanging and direct), having agreed the items with the relevant third party. This includes brokers, co-insurers, reinsurers and other third parties, such as loss adjustersTo correctly allocate all cash against the respective debt entries on the ledgers and to be able to reconcile any balance due to/from the third party to the third-party statements.Develop knowledge to promptly and proactively investigate settlement or accounts queries on the ledgers, liaising with the underwriters, operations technicians and claims teams as appropriate to resolve the queries.To proactively participate in initiatives designed to improve the effectiveness or efficiency of the credit control department.To undertake any other tasks as requested by the Financial Controller in order that the team achieve its objectives.Responsible for managing claims loss funds, including initial loss fund payment and monitoring usage. Review all TPA loss fund change requests and provide suppor