Credit Control Analyst
4 weeks ago
New opportunity with a leading legacy insurance company, specialising in the management of discontinued insurance and reinsurance portfolios. The company is seeking a Credit Control Analyst with relevant operational experience within the Lloyds Market.
Key responsibilities & Accountant:
- Proactive collection of outstanding premiums due to syndicates under our management
- Work closely with the Credit Control Manager to develop and improve upon existing Credit Control processes
- Analysis of data and reconciliations of policy records to identify premiums due
- Develop and maintain relationships with Brokers to assist in the reconciliation of accounts and collection of debt
- Ensure escalation of slow / non-responsive debtors so that appropriate action can be taken to recover debt
- Be a key contact for outsourced service providers, monitoring SLA’s and providing query resolution where required
- Production of Management Information to report on progress, and liaison with internal stakeholders to develop reporting capabilities
- Be a key point of contact for Credit Control related queries for all internal stakeholders and functions including but not limited to Underwriting, Delegated Operations, Finance and Compliance
- Undertake additional ad hoc duties and projects as required on a flexible basis
To be successful in this role, you will need to be/have:
- Relevant experience of Credit Control within Lloyd’s market.
- Understanding of Lloyd’s Market insurance principles & previous experience with slips & endorsements
- Good numeric and analytical skills with a proactive approach to problem solving
- Comfortable with running and refining reports with support from MI team
- Underwriting System knowledge
- Knowledge of Xchanging/DXC processes desirable
- Proficient Excel skills
- Self-starter with a pro-active approach that is able to work independently
- Able to build and maintain relationships with a range of stakeholders
- Flexible approach to working in a demanding and dynamic environment
- Good communication skills, both verbally and in writing
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