Our client, a Global Financial Markets Trading Company, is seeking a Senior Credit Controller (Reinsurance Accounting Technician) to join their Insurance Credit Control / Technical Accounts team.
Job Details:
- Position: Senior Credit Controller - Reinsurance Accounting Technician
- Sector: INSURANCE
- Type: Permanent
- Location: London
- Salary: £35,000 - £41,000 per annum + bonus
- Reference: BT478
Key Responsibilities
- Monitoring and chasing all debt to ensure prompt settlement of premium by telephone, email and maintaining internal and external SLAs.
- Processing claims and premium information into the company software.
- Preparing, validating and rendering inwards and outwards settlements, ensuring they adhere to contractual responsibilities and individual technical accounts.
- Maintaining client feedback onto the relevant systems in a timely and efficient manner, and escalating any required actions to account handlers.
- Producing month end management reporting and ensuring the feedback received is comprehensive and accurate.
- Participating in internal and external meetings, including meetings with underwriters, developing client/MGA relationships, and assisting with due diligence assessments of potential coverholder's credit control activities.
- Reviewing transactional records to identify data quality issues and resolving them with the parties providing the data.
- Reviewing bank accounts, bank cheques and allocating cash on a daily basis.
- Identifying and resolving issues where possible, escalating risks, and highlighting any settlement/MGA client issues to appropriate personnel.
- Interrogating inwards submissions and clients' data to resolve problems and answer queries.
Qualifications
We are looking for a graduate with a Degree in Accounting. Reinsurance and/or Lloyds market experience would be beneficial, with a minimum of a working understanding of reinsurance settlements.
How to Apply
Please send your application to with the subject line "Senior Credit Controller - BT478".
Note: This position is currently open; no indication of closure.