Insurance Credit Control

Our client is a global financial markets trading company and a small exchange based trading and broking firm.

We are looking for a graduate with a Degree in Accounting.

Position details:

• Salary: £26,000 - £29,000 per annum
• Type: Permanent
• Location: London
• Date posted: 13 Nov 2023
• Reference: BT764
• Contact:

Insurance Credit Control - £29,000

This leading insurance underwriter has an excellent market reputation and is continuing to expand. The company is looking for a new staff member to assist in providing a robust and scalable Credit Control service, expediting cash allocation and debt collection while liaising with brokers, underwriters, treasury, international offices and outsourced service providers.

As a growing company and a relatively new team there are opportunities to be involved in various operational initiatives, including process improvement, data quality and automation projects.

• Under the guidance of the Credit Control Manager, administer credit control tasks.
• Liaise with brokers, underwriters, treasury, international offices and outsourced providers in the settlement of bureau and non bureau premium payments.
• Raise inter company transfers and outgoing payments.
• Contribute to meeting KPIs in terms of reducing aged debt and unallocated cash within the Group.
• Assist in the production of reports for the Operations Committee and Credit Risk Committee.
• Be involved with continuous improvement initiatives to reduce aged debt, unallocated cash and premium queries.
• Attend training sessions and other meetings, as and when required.
• Assist with and undertake tasks as defined by the Credit Control Manager.