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Credit Controller

Hays Specialist Recruitment Limited
Posted 8 hours ago, valid for 9 days
Location

London, Greater London EC1R 0WX

Contract type

Full Time

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.

Sonic Summary

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  • A leading Central-London-based Underwriter is seeking a credit controller with 1-2 years of experience in the London Insurance sector.
  • The role involves managing a portfolio of brokers, handling cash collection, and preparing reports with a focus on accuracy and customer service.
  • Candidates should have knowledge of London Market Insurance and experience in the reconciliation process.
  • Benefits of the position include a brand-new office, hybrid working options, and opportunities for progression.
  • Salary details were not specified, but competitive compensation is implied.

Are you a hard-working credit controller with a few years of experience working in the London Insurance sector? Then I have the role for you! I have teamed up with a leading Central-London-based Underwriters, to represent them in finding them their next star credit controller. This amazing hybrid working role will offer you the chance to work alongside a team of four top-tier credit controllers in their amazing new office near Monument station.Role OverviewIn this role, you will handle the analysis and recording of various credit control transactions, cash collection, and monitoring. You will manage your own portfolio of brokers, which involves sending statements, coordinating with brokers and their finance departments, and preparing and generating various reports with a strong emphasis on accuracy, timeliness, customer service, and the ability to work in a dynamic environment.Here are the essentials you'll need:

  • London Market Insurance knowledge
  • 1-2 years Credit Control background (essential)
  • Experience in the reconciliation process (essential)

Key responsibilities:

  • Prepare and distribute monthly broker account statements.
  • Allocate received funds for premiums and claims, and request closings and slips from brokers.
  • Frequently contact debtors via phone, email, and Teams meetings to secure payments.
  • Process premium and claims payments.
  • Identify and escalate Notices of Cancellation (NOC) from aged debt.
  • Build strong relationships with internal and external stakeholders to facilitate the collection process.
  • Lead regular meetings with each business unit to address any credit control issues and escalations.
  • Oversee existing processes, challenge redundant requirements as the model evolves, and ensure continuous improvements.
  • Analyse and identify inconsistencies and errors in booked premiums, and work with the technical and claims teams to correct entries.
  • Resolve unallocated cash issues and provide constructive feedback on mispostings.
  • Monitor and manage the shared Accounts Inbox.

Here are some of the very desirable skills:

  • Microsoft Excel Skills (V-lookups and Pivot tables).
  • Analytical problem-solving approach.
  • Knowledge and experience with sequel eclipse is a positive but not essential.
  • Time management skills and ability to multitask to meet SLAs.
  • Excellent communication and interpersonal skills and conversing with external clients.
  • To be able to work within a team and to be proactive.
  • Outcome focused on sound decision-making.

What you'll get in return

  • Progression and great benefits.
  • Brand-new office.
  • Private gym.
  • Massage room.
  • Hybrid working (2 days WFH).

If you're interested in this role, click 'apply now' to forward an up-to-date copy of your CV, or call us now.If this job isn't quite right for you, but you are looking for a new position, please contact us for a confidential discussion about your career.

Hays Specialist Recruitment Limited acts as an employment agency for permanent recruitment and employment business for the supply of temporary workers. By applying for this job you accept the T&C's, Privacy Policy and Disclaimers which can be found at hays.co.uk

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In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.