Premium Payments Coordinator

2 weeks ago


Romford, Greater London, United Kingdom The Recruiter Ltd Full time
Position Overview: Credit Control Technician

About The Recruiter Ltd: We're a leading recruitment agency in the insurance sector, dedicated to connecting professionals with exciting job opportunities.

Job Description:

This role requires a skilled Credit Control Technician to join our team, focusing on collecting monies from brokers, maintaining relationships, and reconciling statements within agreed payment terms and deadlines.

Key Responsibilities:
  • Premium Collection: Prepare monthly statements for clients and agents, ensuring timely payments and managing debt collection processes.
  • Communication: Communicate effectively with agents via email and telephone for premium due, resolving queries and issues promptly.
  • Cash Management: Post receipts and payments from daily bank downloads, tracking remits received from agents and filing them correctly.
  • Reconciliation: Reconcile insurer statements and bordereaux within agreed payment terms, creating reports to monitor aged debt and insurer payables.
  • Reporting: Issue weekly/monthly aged debt report to management teams, providing insights into premium collections and cash flow.

What You'll Get:

A competitive salary of £31,000 - £36,000 per annum, depending on experience, plus excellent benefits and opportunities for career advancement.

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