Insurance Credit Controller

Recruiter
MW Appointments
Location
Chelmsford
Salary
25000.00 GBP Annual
Posted
14 Jun 2018
Closes
12 Jul 2018
Sector
Insurance
Contract type
Permanent
Hours
Full time


Insurance Credit Controller
Chelmsford, Essex
Permanent
GBP25,000 + benefits package

Working in the Chelmsford office of a global insurance company including a Lloyds syndicate platform. You will support the Lead Credit Controller in the collection of premiums, cash allocation and monitoring of designated accounts to reduce the potential of bad debt through both intermediaries and direct clients.

Collection and Accounting of Due Debt
Through collation and capture of all due premium debt, effect the effective collection of all unpaid premium debt. In doing so identify any cleansing issues and liaising with underwriting units to resolve accordingly. Ensure the collection of all due debt through processes that are in accordance with established collection and escalation guidelines. Ensuring effective allocation / accounting of all debt / cash received.

Debt Monitoring/Analysis
To monitor account specific debt cycles highlighting to the Lead Credit Controller and highlight potential issues, deviances or fluctuations in cycles. Thus assisting in the management of credit risk.

Reporting
To support the reporting of actual debt / unallocated cash levels / future collectables, with trend analysis results issued across the team and established communication routes. Including but not restricted to: Weekly Underwriter / Binder Manager Updates / DD reports. This will ensure group clarity on debt and cash, issues and cycles.

Relationship Management
Maintain regular communication with internal customers both to report progress and to escalate issues. Represent the company professionally to external intermediaries whether by face to face, phone or e–mail communication.

Project Work
To assist as designated to Credit Risk related projects.

Candidates MUST have gained similar skills and experience within an insurance accounting / IBA or credit control role for either a (re)insurance company, syndicate, MGA or broker.

Experience and knowledge of Lloyds/London market processes and electronic transaction through Lloyds platforms would be ideal.

REF : 6224

MW Appointments is acting as an Employment Agency in relation to this vacancy.

Similar jobs

Similar jobs