Senior Reinsurance Accountant

3 days ago

London, Greater London, United Kingdom XL CATLIN Full time
About the Role

This Senior Credit Controller position plays a critical role in managing credit risk and ensuring accurate financial reporting for AXA XL's Ceded Reinsurance business.

As part of the Ceded Reinsurance Technical Accounting team, you will be responsible for analyzing and resolving credit control issues, maintaining accurate records, and providing exceptional customer service to internal and external stakeholders.

Key Responsibilities:

  • Lead the development and implementation of effective credit control strategies to minimize bad debts and optimize cash flow.
  • Collaborate with the Technical Accounting Management team to identify and address aged debt issues, ensuring timely resolution and minimizing losses.
  • Analyze financial data to identify trends and areas for improvement, making recommendations to enhance the credit control process.
  • Build and maintain strong relationships with internal teams, including Middle Office, Finance, Claims, and Client Managers, as well as external partners, such as Brokers and Reinsurers.
  • Maintain accurate and up-to-date records, ensuring compliance with regulatory requirements and AXA XL's policies and procedures.
  • Stay up-to-date with industry developments, best practices, and emerging risks, applying this knowledge to continuously improve credit control processes.

Requirements:

  • Minimum 3 years' experience in credit control or a related field, preferably in the insurance industry.
  • Proven track record of successful credit control, with a focus on minimizing bad debts and optimizing cash flow.
  • Excellent analytical, communication, and interpersonal skills, with the ability to build strong relationships with stakeholders.
  • Ability to work well under pressure, meeting deadlines and prioritizing tasks effectively.
  • Strong technical skills, including proficiency in Microsoft Office and email software.

Benefits:

  • Competitive salary range: £50,000 - £60,000 per annum.
  • Bonus scheme based on individual and team performance.
  • Comprehensive benefits package, including health insurance, pension plan, and paid time off.
  • Ongoing training and development opportunities to enhance skills and career prospects.

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