Credit Controller/IBA

7 days ago

City Of London UK, Central London, United Kingdom Next Employment Ltd Full time

(Candidates will only be considered if they have Insurance experience)

Senior credit controller, working on the company market accounts within a high performing team.

You will be involved with:

  • Pro-active credit control
  • Ensure overdue/late accounts are followed up and escalated to management.
  • Follow up on action points/escalations from review meetings and update Line manager.
  • Analyse and review trends and provide recommendation to reduce the overdue debt in consultation with Line manager.
  • Allocate signings to receivables.
  • Handle and follow up on any queries from the collections operation including cash allocation.
  • Allocate IPT/Taxes and follow up queries with Tax Department.
  • File documentation, activity as required.
  • Timely investigation and resolution of challenging accounts/cedants is expected.
  • Collaborate with Finance department, underwriting department, claims department brokers and clients to resolve any queries or technical issues.

You will need

  • 5+ years experience in a similar role within the Insurance/reinsurance market is essential.
  • Experience of credit control in the Insurance sector
  • Experience of Aged Debt Reporting and analysis is essential.
  • Strong Excel skills at Proficient Level (including macros) are essential for this role.
  • Strong grasp of business processes and systems.
  • Ability to work on own initiative.
  • Ability and confidence to challenge existing procedures and use of system.
  • Strong technical skills including credit control skills.
  • Good understanding of Bureau systems and procedures.
  • Knowledge of London Insurance and Reinsurance products would be an advantage.
  • Awareness of Sox Controls is desirable but not essential.
  • Associate or member of the Chartered Institute of credit management is desirable but not essential.

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