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Our client has become the leading primary specialty Insurance provider, underpinned by an effective and adaptable?strategy, superior products and industry leaders.
They are now looking for an experienced Credit Controller. You will be a team member in the Underwriting Business Management Division responsible for premium credit control, which includes monitoring premium, reporting, processing and analysing of the business underwritten by the managed Syndicates and other related Group companies (dual stamp) on a day-to-day basis.
Responsibilities
- Production, analysis and investigation of aged debtor balances on a regular basis
- Chase, resolve, negotiate and reconcile aged debt accounts and balances with brokers to enable the business to maintain an accurate record of its outstanding premium position
- Be involved and ultimately take control of more complex reconciliations
- Liaise closely and provide such detail to Underwriters to ensure that any premium queries and errors can be resolved quickly. Including escalation as appropriate
- Work closely with the Underwriting teams to develop and improve the management of premium credit control within each team
- Monitor premium payments received through the relevant policy administration systems
- Respond to and take ownership of internal queries
- Be aware and understand relevant KPI’s
- Interface with underwriters and other relevant teams / individuals within the group
- Improve existing operational analysis of results and trends for premium payments and monitor EPIs and verify and ascertain more accurate data regarding unpaid premium
- Ensure all processes are documented effectively
- Manage tasks within agreed timetable including booking relevant review meetings with team management
- Critically appraise all processes and assumptions on an ongoing basis with a 'continual improvement outlook’ and proactively engage with relevant stakeholders to improve where opportunity exists
- Assist in other areas of the team and provide effective cover where appropriate as assigned
- Help drive forward good Conduct for the business to deliver the best outcomes for customers / policyholders.
Knowledge and Skills
- Previous experience in Lloyd’s London market beneficial
- Previous experience in Insurance essential
- Good numeracy & IT skills
- Excellent organizational and reporting skills
- Excellent communication skills
Important Notice
It is Career Legal’s policy, as a matter of courtesy, to respond to all applications within three working days. However, because of the volume of applications, we are sometimes unable to respond to individual candidates. If we have not contacted you within three working days your application has been unsuccessful, and your details have not been retained. Please apply for any other position that you may see in the future. Thank you.
