Credit Controller

Portfolio Credit Control are currently partnered with a reputable insurance business who are a major player within the sector. We are currently looking for a track proven Credit Control professional who has a strong background in insurance to support the team initially on a 3-month FTC, with the view to step into a permanent role.

Duties and Responsibilities

• Producing and rendering premium and contra debt statements for the respective brokers and members.
• Chasing debts by email and/or telephone and recording progress for tracking purposes until balances received and cleared or if escalation is required
• Working closely with the Underwriting Teams to resolve unpaid premiums and to discuss potential NoCs requirements where necessary.
• Investigation of received remittances from Brokers and Members to identify relevant correct premiums to be applied with the payment.
• Clearing the cash receipts on the AS400 accounting system
• Manage the daily internal transfers of cash receipts between Eclipse (in run-off) and the AS400
• Liaising with the Underwriters/technicians to resolve issues surrounding outstanding cashes and accounting issues (premium calculations difference, etc.) to reduce the Clubs unallocated cash and aged debt positions
• Maintaining the unallocated cash items so there are few or no items over 30 days old
• Make regular payments of return premiums, brokerage, continuity credits, or any credit refunds required.
• Set up new payee bank details with AS400 for outbound settlements
• Verbally verifying those bank details where required
• Identifying, querying and clearing potential offsets to keep the accounts clear
• Dealing with both Internal/External queries in a timely manner.
• Managing the daily cash receipts within the team on a weekly rotation, ensuring the information is added to the cash tracker efficiently and accurately.
• Assisting the team members for coverage of tasks during holidays and other absences
• Providing regular updates to the Operations Manager surrounding the designated portfolio of accounts being managed.
• Review of processes and procedures to see what tasks could possible automated for more efficiency and streamlining
• Ad hoc tasks delegated by the Operation Manager support the teams progress.
• Completing assigned training course for their continual personal and business development and growth.

50543BR

INDCC