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Kennedys

Loss Fund Management Administrator

Chelmsford
Posted 2 days ago
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Kennedys is looking for an Administrator to join the Loss Fund Management team within the Finance Operations department in the Chelmsford office.

The successful candidate will work competently within the Financial Operations team as a Loss Fund Administrator, contributing to the effectiveness of the Loss Fund Management team by providing a comprehensive and efficient service to internal and external clients in order that the business objectives of the firm and the department are achieved.

Team

Kennedys Finance team support the firm globally producing timely and accurate financial and management information, reporting solutions and operational support to maintain the high standard of service offered to the firm's internal and external clients.

Our Finance team is made up of:

  • Financial Control
  • Financial Planning and Reporting
  • Management Accountants
  • Credit Control
  • Legal Cashiers and Billers
  • Financial Operations Database teams

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Graduate Consultant — 2026 Scheme

PwC·London, UK
£35,000/yr

Why you're a good match

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Your economics background and your summer at a regional bank line up with what PwC looks for on the consulting scheme. Applications close in four weeks.

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You’ve got the grades and the economics background, and your bank internship is exactly the experience this scheme looks for. Apply soon — deadlines close within the month.

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Your summer at the bank plus your econometrics coursework map directly to the day-one responsibilities on this scheme — client modelling, market briefings, and deal support.

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Our UK Finance team is based in Chelmsford and London and have a presence in eight global offices.

Alongside our Cashiering & AP team sits the Loss Fund Management team. A new function that currently supports our Insurance Claims Handling team in Taunton that will eventually support the same for our UKLD Claims Handling team in Leeds and other areas.

Key Responsibilities

  • Assisting with Client Loss Fund Management, including undertaking weekly and monthly account reconciliation.
  • Work alongside our Business Intelligence team.
  • Assist in the daily reconciliation of loss fund accounts.
  • Allocation and processing of third-party invoices, payments & receipts.
  • Monitoring of fund balances and top-up requirements.
  • Aid the Loss Fund Manager in timely month-end and quarter-end reporting.
  • Support with general queries.

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Required Experience

  • Experience working with online banking systems (preferred but not essential).
  • Takes pride in the quality of their work and is methodical to tasks.
  • Ability to communicate clearly and effectively with team members and internal stakeholders.
  • Good level of IT skills, including Word and Excel. Ideally a working knowledge of Elite 3E or similar financial systems.
  • Basic knowledge of finance operations within a law firm (preferred but not essential).
  • Team player who demonstrates collaborative skills; flexible in problem solving and supportive of team members.

Please let us know if you require any additional support or adjustments to be made in order to submit your application to Kennedys.

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Skills

Account Reconciliation
Online Banking Systems
Microsoft Word
Microsoft Excel
Elite 3E
Financial Operations
Invoice Processing
Financial Reporting
Communication
Collaboration

Location

Chelmsford, England, United Kingdom

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