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We are working with a leading Insurer for a Credit Control Manager. The business is a top performing MGA across specialty syndicates. Based either in London or Croydon, reporting to the Financial Controller, this role owns the credit control function of the insurer overseeing a small team.
The core responsibilities of this role are:
- Ownership of all Credit Control functions including aged debt and unallocated cash analysis for the respective entity and forge strong working relationships with key stakeholders.
- Ensure the allocation of premium receipts on a timely basis across all MGAs, engaging with appropriate teams
- Follow up overdue premiums, missing payments and unallocated cash in accordance with the Company's Credit Control policy.
- Ensuring the appropriate treatment of Technical payments – return premiums, NCBs and profit commissions
- Understand and feedback on the data entry process from end to end to identify data quality issues that should be corrected at source.
- Development, preparation and analysis of reports covering aged debt and unallocated cash to be presented and reviewed at the monthly credit control review meetings.
- Responsible for monthly bank reconciliations for underwriting accounts covering all currencies.
- Keep Financial Controller and Finance Manager fully informed of the status of any projects assigned, and the progress of any new initiatives
The successful candidate will have:
- A minimum of 5 years’ experience working as a credit controller in the insurance sector (preferably London Market in Specialty Lines)
- Advanced competency in MS Office applications: Word, Outlook and Excel (especially vlookup, pivot tables, sumifs, countifs)
Seniority level
Employment type
Job function
- Finance, Administrative, and Accounting/Auditing
- Industries: Insurance, Insurance and Employee Benefit Funds, and Insurance Carriers
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