Fees & Commissions Officer - CDD 6 months

About Utmost International

Utmost International is a leading provider of insurance-based wealth solutions operating across the UK, Europe, Latin America, Asia, and the Middle East. Its' solutions are largely based on unit-linked insurance policies, serving the needs of affluent, high net worth (HNW), and ultra-high net worth (UHNW) individuals.

On a proforma basis at HY 2024, Utmost International manages £103.5bn of assets under administration on behalf of approximately 200,000 policyholders.

Your role - Are you ready for a challenge?

The Fees & Commissions Officer is responsible for executing the day-to-day management of queries and fee collection, including commission payment to our partners.

Your responsibilities will be as follows :

• Ensure that our fees are collected on our corporate accounts and overdrafts on policy accounts are monitored and solved,
• Ensure that partners are paid on time, depending on the frequency defined (weekly, monthly, quarterly),
• Ensure that proper reporting needed by custodians and partners linked to fee payments are sent,
• Ensure that reconciliation on corporate accounts is processed timely,
• Manage close relationships with partners and develop strong connections with relevant counterparts within those organisations,
• Answer day-to-day queries from internal teams or external partners,
• Ensure that all documentation is suitably organised and accessible,
• Follow internal procedures, industry rules and regulations,
• Ensure that all documentations are properly filled.

Your profile - Have you got what it takes to become our Fees & Commissions Officer - CDD 6 months?

As an equal opportunity employer, all qualified applicants will receive consideration for employment without regard to gender, colour, religion, sexual orientation, national origin, disability status, protected veteran status, or any other characteristic protected by law.

Given the sensitive nature of our business, industry sector and the role as described, the selected candidate is required to provide a criminal record (Bulletin n°3 for Luxembourgish residents). This excerpt will be kept by Utmost Luxembourg S.A. in compliance with article 8-5 (2) of the law of 23 July 2016 and for no longer than one month from the conclusion of the employment contract; otherwise, it will be destroyed without any undue delay should the candidate not be hired.

Utmost Luxembourg S.A. is aware of its obligations under the General Data Protection Regulation (GDPR) and is committed to processing your data securely and transparently.

Our Recruitment Privacy Notice is in line with GDPR and provides more information with regards to the types of data that we collect and hold on you as a job applicant, including for the performance of Background Checks. It also sets out how we use that information, how long we keep it for and other relevant information about your data. For full details please click here

Recruitment Privacy Statement

APCT1_LU