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Senior Insurance Credit Controller

Pavilion Recruitment Solutions
Posted 11 hours ago, valid for 20 days
Location

London, Greater London EC2V 7WS, England

Salary

£25,000 - £30,000 per annum

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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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  • My client, a top-tier Lloyd's business, is seeking a Senior Credit Controller for their London office.
  • The role requires experience in an IBA function from a broking, insurer, or MGA environment.
  • Key responsibilities include preparing monthly broker statements, managing fund allocations, and pursuing debtors for payments.
  • Candidates should have extensive knowledge of credit management procedures and reconciliation processes.
  • The position offers a competitive salary, and candidates should have at least 3 years of relevant experience.

I’m delighted to be assisting my client, a top-tier and growing Lloyd’s business, with a brilliant Senior Credit Controller vacancy. This role offers the chance to join a fantastic team in their ultra-modern London office. You will assist in the smooth running of the department and oversee the credit control function.

Experience working in an IBA function from either a broking, insurer or MGA environment is essential.

Role Accountabilities

  • Prepare and issue monthly broker statements of accounts
  • Allocate funds received and request closings and slips from Brokers
  • Pursue debtors frequently by telephone, email, teams meeting to secure payment
  • Identify and escalate NOC from aged debt
  • Analyse and identify inconsistencies and record errors in booked premium
  • Resolution of unallocated cash, provide constructive feedback on issues which have resulted in misposting to unallocated cash
  • Monitor and manage the shared Accounts Inbox
  • Assist the Company’s Accountants in their annual review/audit of the business

Skills

  • Experience working in an IBA function from either a broking, insurer or MGA environment
  • Experience in credit management procedures and dealings with a Broker Accounting system
  • Experience in reconciliation process
  • Extensive and detailed knowledge of an accounts department and its workings
  • Knowledge and experience with Sequel eclipse is a positive but not essential
  • Ability to complete large complex reconciliations on Broker accounts
  • Ability to multitask and meet SLAs

Apply now in a few quick clicks

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.