Financial Operations Manager: Risk and Credit Management
2 weeks ago
We are seeking a highly skilled Financial Operations Manager to join our team at Hiscox.
About the RoleThis is an exciting opportunity for an experienced professional to lead our credit control function, working closely with senior stakeholders across multiple business units.
As Financial Operations Manager, you will be responsible for fostering a collaborative environment, driving process improvements, and ensuring timely and accurate financial reporting.
You will have the opportunity to work on ad-hoc projects, supporting our strategic goals and contributing to the development of robust and efficient operations aligned with industry best practice.
Main Responsibilities- Lead the credit control function for HSL Syndicates, owning the relationship with shared service outsource providers and monitoring performance.
- Oversee credit control for HSL agencies, ensuring timely broker account reconciliations, cash receipts, and carrier payable settlements.
- Maintain and develop credit control policies, procedures, and controls to support robust and efficient operations.
- Ensure risk tolerance thresholds are defined and adhered to, analyzing key performance indicators such as aged debtors analysis.
- Extensive experience in credit control and financial management within the Lloyd's market.
- Proven ability to identify and implement process improvements.
We offer a competitive salary of around £60,000 per annum, depending on experience, plus a range of benefits including hybrid working arrangements, allowing for a healthy work-life balance.
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