Credit Controller
Full Time
Job Description
- Responsible for managing a panel of Brokers in the collection of outstanding inwards Premiums.
- Assist Credit Control Manager in preparation of management reports
- Act as a subject matter expert on London Market Credit Control for other team members (across Open Market, Binder, Lineslip and Treaty Business)
- Liaise with Underwriters in respect of debt issues with brokers as necessary, escalating as appropriate
- Use market systems to identify what has been paid and signed.
- Monitors and updates appropriate systems when premiums have been collected.
- Undertake face-to-face meetings with Brokers with to resolve issues and improve aged receivables balances
- Liaise with the Credit Control Manager regarding best practice and strategies for handling collections
- Feedback and alert the Credit Control Manager with any relevant market information on Broker performance
- Attend the relevant Market meetings/ updates / training sessions to enhance knowledge and monitor changes in market premium and settlement procedures.
- Maintain an up-to-date narrative on aged receivables items for inclusion in management reports.
- Use formal reporting mechanisms to promptly notify relevant parties of any perceived new risks or failures of existing control measures.
- At all times consider the effect of any actions taken on the customers of company with the intention of improving their experience.
Required Knowledge, Skills, and Abilities
- General insurance
- Strong Data Analytical skills
- Advanced Excel skills
- London Market Technical Accounting applications (preferably Iris)
- Self-Managing
- Strong Communicator within team and outward to UW’s and Brokers
- Proactive approach to issue resolution
Reference no: 100155