Assistant Credit Controller (12 month FTC)

Location London
Discipline: Finance & Strategy
Job type: Contract
Contact email:
Job ref: J4739
Published: about 1 month ago
New opportunity as a Credit Controller with a leading reinsurer operating in the Lloyd’s of London market. The successful candidate will support the Credit Control team with the company’s Credit Control processes and the management of accurate premium data on a daily basis, alongside being a team member in the Underwriting Management Division responsible for premium credit control. Key Responsibilities & Accountabilities • Production, analysis and investigation of aged debtor balances on a regular basis • Chase, resolve, negotiate and reconcile aged debt accounts and balances with brokers to enable the business to maintain an accurate record of its outstanding premium position • Be involved and ultimately take control of more complex reconciliations • Liaise closely and provide such detail to Underwriters to ensure that any premium queries and errors can be resolved quickly. Including escalation as appropriate • Work closely with the Underwriting teams to develop and improve the management of premium credit control within each team • Monitor premium payments received through the relevant policy administration systems • Respond to and take ownership of internal queries • Be aware and understand relevant KPI’s • Interface with underwriters and other relevant teams / individuals within the group • Improve existing operational analysis of results and trends for premium payments and monitor EPIs and verify and ascertain more accurate data regarding unpaid premium • Ensure all processes are documented effectively • Manage tasks within agreed timetable including booking relevant review meetings with team management • Critically appraise all processes and assumptions on an ongoing basis with a ‘continual improvement outlook’ and proactively engage with relevant stakeholders to improve where opportunity exists • Assist in other areas of the team and provide effective cover where appropriate as assigned Key Skills & Experience • Previous experience in Lloyd’s London market essential • Previous experience in Insurance essential