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SalaryAbout us
Avencia consulting are recruiting a Credit Controller on behalf of a Global Insurer based in the City of London. This is a 6 month fixed term contract with a base salary and travel contribution package.
The role
- To support the Financial Controller and the credit control team with technical knowledge, training and in depth team technical tasks.
- Develop knowledge and regularly produce accurate team debt reports (weekly and quarterly)
- Actively manage the age debt to clear focus of reducing ageing debt
Key accountabilities
- Collaborate with the key significant brokers to facilitate the timely collection of debt
- Support the Technical accountants within the team to resolve queries and provide in depth knowledge to ensure best practices are met
- Accurately process all cash amounts to the appropriate ledger, having agreed the items with the relevant third party. This includes brokers, co-insurers, reinsurers and other third parties, such as loss adjusters etc.
- Correctly allocate all cash against the respective debt entries on the ledgers and to be able to reconcile any balance due to/from the third party to the third party statements.
- Develop knowledge to promptly and proactively investigate any settlement or accounts queries on the ledgers, liaising with the underwriters, operations technicians and claims teams as appropriate to resolve the queries.
- Issue accurate and timely statements of account to all third parties, as required in order to facilitate prompt settlement
- Process accurate cash entries/journals onto the appropriate ledgers, in order to ensure up-to-date statement of accounts are maintained.
- To operate best practice credit control procedures in order to ensure Terms of Trade are met.
- To proactively participate in topics or other initiatives designed to improve the effectiveness or efficiency of the credit control department.
Skills & experience
- Strong knowledge of insurance and the terminologies used, across all lines of business.
- Good interpersonal skills - comfortable with phone & face to face discussions with customers, underwriters, brokers & other internal technical
- Experience of working with credit control teams & understanding their requirements, a definite
- Able to organise own workload effectively to meet service
- Deadline focused; able to work under pressure to meet tight deadlines
- Competent user of Excel & Word
- Systems knowledge, experience of using various company bespoke systems to extract data
Other
To discuss the role in more detail, please contact:
