Credit Control Analyst

Location London
Discipline: Operations
Job type: Permanent
Contact email:
Job ref: J3994
Published: about 1 year ago
Credit Control Analyst £35,000 - £45,000 London – Flexible hybrid working A rapidly growing MGA and its Lloyds’ arm are searching for a Credit Control Analyst to join to Operational function to support continual business expansion across both Lloyds’ and the wider Group. Key responsibilities & accountabilities: • Responsible for credit control and reporting requirements for MGA and Syndicate. • Liaison with brokers, chasing overdue premium and remittances. • Implement credit control processes and procedures, to be utilised by Underwriting teams. • Control of ad hoc day to day issues within Credit Control. • Clear and regular communication with Brokers, Cover holders, Finance, IT & Data Management, Underwriting teams and Group Operations management. • Reconciliation of MGA bank accounts, isolating and allocating premium receipts and effective resolution of cash related queries. • Creation and reporting of MI to support internal and external requirements. • Maintenance of MGA Sequel ledger transactions. • To assist with month-end close procedures when required. You will need to demonstrate you have the following skills & experience: • Professionally qualified or willingness to study toward a professional qualification (CII or other equivalent). • Previous credit control experience gained within the London Insurance Market. • Good analytical, mathematical, and organisational skills. • Knowledge of Xchanging processes. • MS Office suite proficiency, especially Excel. • Compliancy with company and other relevant standards and regulations. • Compliancy with relevant PRA and FCA conduct rules. • Risk management responsibilities.