Credit Controller

3 days ago


City of London, United Kingdom CFC underwriting Full time

At CFC we pride ourselves on being an employer of choice. We are delighted to be recognised as a 3-Star world class employer by Best Companies to Work For in 2021 and amongst the UK’s top employers in The Sunday Times Best 100 Companies to work for in 2020/ 19, and the Top 50 London employers. CFC also ranked in Insurance Business UK as a Top Insurance Workplace (UK) for 2020.

Our benefits include 25 days holiday, private medical insurance (incl. dental & optical cashback), life insurance, income protection, pension plan, subsidised gym membership, up to 4 paid volunteering days annually, season ticket loan, employee assistanceprogramme and dress for your day.

We are committed to positive climate change and are proud to offset carbon emissions for all employees through a partnership with Ecologi that funds tree planting and carbon positive projects. Our 'CFC for Good’ programme includes an active calendar of charity,volunteering and D&I events for employees to be part of and attend.

**About CFC**

CFC is a specialist insurance provider, pioneer in emerging risk and market leader in cyber. Our global insurance platform uses cutting-edge technology and data science to deliver smarter, faster underwriting and protect customers from today’s most criticalbusiness risks.

**Role definition**

To support the Credit Control Supervisor in achieving company objectives for the IBA element of the finance function. Ledger allocation is split between a team of 10. The main focus will be on IBA accounts, credit control, allocating cash and resolving generalqueries.

**Key responsibilities & Accountabilities**
- Active credit control - Ensuring funds are collected from our brokers in a timely manner.
- Unallocated Cash - Ensuring cash is applied accurately and resolving queries where appropriate.
- Provide support for the other team members as and when workloads dictate including cash allocation.
- Taking ownership and resolution of queries to reduce aged debt.
- Distribution of monthly statements
- Overall debt levels and debt over 60 days past due.
- Unallocated cash value and item count.

**Knowledge & Experience**
- Understanding of credit control procedures and IBA accounting within the Insurance industry.
- Computer literate with strong skills in Outlook and Excel.
- Brokasure Desktop experience desirable but not essential.
- Experience of multicurrency’s desirable but not essential.

**Education & Qualifications**
- Preferably educated to A-Level standard or equivalent
- Degree level education is preferred
- A relevant professional qualification such as Cert. CII / Dip. CII / ACII.

The information contained within this job description is not intended to be an all-inclusive list of the duties and responsibilities of the role. The role holder may be required to perform other related duties as assigned. CFC Underwriting Limited may atits discretion, assign or reassign duties and responsibilities as appropriate.


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