Credit Control Analyst

Discipline: Finance & Strategy
Job type: Permanent
Contact email:
Job ref: J4127
Published: about 1 year ago
New opportunity with a leading legacy insurance company, specialising in the management of discontinued insurance and reinsurance portfolios. The company is seeking a Credit Control Analyst with relevant operational experience within the Lloyds Market. Key responsibilities & Accountant: • Proactive collection of outstanding premiums due to syndicates under our management • Work closely with the Credit Control Manager to develop and improve upon existing Credit Control processes • Analysis of data and reconciliations of policy records to identify premiums due • Develop and maintain relationships with Brokers to assist in the reconciliation of accounts and collection of debt • Ensure escalation of slow / non-responsive debtors so that appropriate action can be taken to recover debt • Be a key contact for outsourced service providers, monitoring SLA’s and providing query resolution where required • Production of Management Information to report on progress, and liaison with internal stakeholders to develop reporting capabilities • Be a key point of contact for Credit Control related queries for all internal stakeholders and functions including but not limited to Underwriting, Delegated Operations, Finance and Compliance • Undertake additional ad hoc duties and projects as required on a flexible basis To be successful in this role, you will need to be/have: • Relevant experience of Credit Control within Lloyd’s market. • Understanding of Lloyd’s Market insurance principles & previous experience with slips & endorsements • Good numeric and analytical skills with a proactive approach to problem solving • Comfortable with running and refining reports with support from MI team • Underwriting System knowledge • Knowledge of Xchanging/DXC processes desirable • Proficient Excel skills • Self-starter with a pro-active approach that is able to work independently • Able to build and maintain relationships with a range of stakeholders • Flexible approach to working in a demanding and dynamic environment • Good communication skills, both verbally and in writing