Insurance Credit Controller - Contract

A leading Managing Agency in the City are looking for a Credit Controller to join their Finance department on what is initially a 9-month contract.

The role will be responsible for the review, tracking and rectification of bad debt and overpayment of premiums, ensuring that all premiums owed are collected within the payment terms of the policy. This would be an exciting opportunity from someone to take the next step in their career.

Due to the technical nature of this role, applicants musthave experience of working within either an insurance or reinsurance company.

Duties of the role will include, but are not limited to:

• Weekly review and reconciliation of premiums;
• Establishing Broker contacts in each Broking company for credit control and holding monthly meetings;
• Logging details of overdue premiums to establish a cancellation list for each Underwriting Division and reviewing the list with the Class;
• Working with the Delegated Underwriting team and Class Underwriters to review bordereaux against signings to confirm bordereaux payments;
• Working with MI to establish a credit control report which reflects aged debt by currency;
• Review of data integrity reports to facilitate ease of credit control review, including settlement currency and signed line discrepancies;
• Review and attach premium signing which have not automatically attached to policies; and
• Ad hoc duties and assisting with various projects as and when required

Although not essential, experience of working at Lloyd's is highly desirable.