(Re) Insurance Credit Controller / IBA Underwriting Account handler
(Re) Insurance Credit Controller / IBA Underwriting Account handler

(Re) Insurance Credit Controller / IBA Underwriting Account handler

Leicester Full-Time 36000 - 60000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Manage credit control, monitor payments, and resolve discrepancies in a dynamic team.
  • Company: Join Aon, a leading global insurance broker with a diverse workforce and inclusive culture.
  • Benefits: Enjoy competitive salary, private healthcare, pension, and flexible working options.
  • Why this job: Gain valuable experience in (Re)Insurance while contributing to a supportive and innovative environment.
  • Qualifications: Ideal candidates have finance-related qualifications and strong analytical skills.
  • Other info: Full training provided; embrace Smart Working for a balanced lifestyle.

The predicted salary is between 36000 - 60000 £ per year.

Job Description

(Re) Insurance Credit Controller / IBA Underwriting Account handler

Are you looking for a new challenge with the opportunity to build a successful career in credit control as part of an underwriting accounts team in one of the largest insurance brokers in the world?

If so, Aon Business Services in Leicester are offering an exciting opportunity to join a well-established Insurance Broking Accounting (IBA) team servicing clients from around the globe.

While the role is primarily focused on credit control, there’ll also be opportunities to learn about various types of (Re)Insurance including Excess of Loss, Proportional Treaty, Facultative and Binders.

The successful candidate will receive a competitive salary with a comprehensive benefits package, including an excellent pension with private healthcare for you and your family.

Aon is in the business of better decisions

At Aon, we shape decisions for the better to protect and enrich the lives of people around the world.

As an organization, we are united through trust as one inclusive team, and we are passionate about helping our colleagues and clients succeed.

What the day will look like

Your main responsibilities will include:

  • Credit control – ensuring timely collections by monitoring & chasing outstanding payments.
  • Pro-actively reviewing and actioning overdue balances based on the daily reports.
  • Investigating & resolving accounting discrepancies.
  • Allocating and facilitating payment of cash receipts.
  • Invoice reconciliations and ledger maintenance.
  • Ensure Aon’s working capital / revenue position is maximised, in line with agreed targets.
  • Assisting the business to clear any unmatched cash, as and when required.
  • Supporting month-end reporting and financial controls.
  • Liaising with (Re)Insurers, Third Parties and internal teams through to resolution.
  • Supporting our outsource provider (Genpact) and operating as a focal point for escalation.
  • Ensuring compliance with FCA and company financial regulations.
  • Adopting best practice while providing new and innovative ideas to streamline the process.

Full training will be provided, and you’ll be fully supported as you engage with a network of contacts to deliver an unrivalled client service on a global scale.

How this opportunity is different

This a rare opportunity to join an industry leading insurance broker with around 60,000 employees in over 120 offices across the world. The Leicester team service all classes of business, including Marine & Energy, Cyber, Aviation, Property & Casualty, Credit & Bonds, Accident & Health, UK Motor and Catastrophe, worldwide.

Skills and experience that will lead to success

Ideally, we’re looking for someone with accounting experience in the financial sector, preferably within insurance, with the following skills:

• Excellent numeracy skills, ideally supported by a degree or qualification related to finance/mathematics.

• Excellent analytical and problem-solving skills.

• Good knowledge of Microsoft Office including Outlook, Excel and Word.

• Good ability to work under your own initiative and as part of a team.

• Good communication skills, both written and oral.

How we support our colleagues

In addition to our comprehensive benefits package, we encourage a diverse workforce. Plus, our agile, inclusive environment allows you to manage your wellbeing and work/life balance, ensuring you can be your best self at Aon. Furthermore, all colleagues enjoy two “Global Wellbeing Days” each year, encouraging you to take time to focus on yourself. We offer a variety of working style solutions, but we also recognise that flexibility goes beyond just the place of work… and we are all for it. We call this Smart Working!

Our continuous learning culture inspires and equips you to learn, share and grow, helping you achieve your fullest potential. As a result, at Aon, you are more connected, more relevant, and more valued.

We provide individuals with disabilities reasonable accommodations to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment in accordance with applicable law.

Aon values an innovative, diverse workplace where all colleagues feel empowered to be their authentic selves. Aon is proud to be an equal opportunity workplace.

(Re) Insurance Credit Controller / IBA Underwriting Account handler employer: Aon

Aon Business Services in Leicester is an exceptional employer, offering a dynamic work environment within one of the largest insurance brokers globally. With a strong focus on employee wellbeing, comprehensive benefits including private healthcare and a competitive pension, and a commitment to continuous learning and career development, Aon fosters a culture of inclusivity and support. Join us to be part of a diverse team that values innovation and empowers you to thrive both personally and professionally.
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Contact Detail:

Aon Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land (Re) Insurance Credit Controller / IBA Underwriting Account handler

✨Tip Number 1

Familiarise yourself with the various types of (Re)Insurance mentioned in the job description, such as Excess of Loss and Proportional Treaty. This knowledge will not only help you understand the role better but also impress the interviewers with your proactive approach.

✨Tip Number 2

Brush up on your numeracy and analytical skills, as these are crucial for a Credit Controller role. Consider practising financial scenarios or using online resources to enhance your problem-solving abilities, which will be beneficial during assessments or discussions.

✨Tip Number 3

Network with professionals in the insurance sector, especially those involved in credit control or underwriting. Engaging with industry contacts can provide insights into the role and may even lead to referrals, increasing your chances of landing the job.

✨Tip Number 4

Prepare to discuss your experience with Microsoft Office, particularly Excel, as it’s essential for this position. You might want to showcase any relevant projects or tasks where you've used these tools effectively, demonstrating your capability to handle the responsibilities outlined.

We think you need these skills to ace (Re) Insurance Credit Controller / IBA Underwriting Account handler

Credit Control
Accounting Experience
Numeracy Skills
Analytical Skills
Problem-Solving Skills
Microsoft Office Proficiency
Excel Skills
Communication Skills
Teamwork
Initiative
Financial Regulations Knowledge
Invoice Reconciliation
Ledger Maintenance
Client Service Orientation

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in credit control and accounting, particularly within the insurance sector. Use keywords from the job description to demonstrate your fit for the role.

Craft a Compelling Cover Letter: Write a cover letter that showcases your analytical skills and problem-solving abilities. Mention specific examples of how you've successfully managed credit control or resolved discrepancies in previous roles.

Highlight Relevant Skills: Emphasise your numeracy skills and proficiency in Microsoft Office, especially Excel. If you have any qualifications related to finance or mathematics, be sure to mention them.

Show Enthusiasm for Learning: Express your eagerness to learn about various types of (Re)Insurance and your commitment to continuous professional development. This aligns with Aon's culture of learning and growth.

How to prepare for a job interview at Aon

✨Showcase Your Numeracy Skills

As the role requires excellent numeracy skills, be prepared to discuss your experience with numbers and financial data. Bring examples of how you've successfully managed accounts or resolved discrepancies in previous roles.

✨Demonstrate Analytical Thinking

The job involves problem-solving and analytical skills. Prepare to share specific instances where you've identified issues and implemented solutions, particularly in a financial context.

✨Familiarise Yourself with (Re)Insurance Concepts

Since the position involves various types of (Re)Insurance, take some time to research key concepts like Excess of Loss and Proportional Treaty. Being knowledgeable about these terms will show your genuine interest in the industry.

✨Prepare for Teamwork Questions

The role requires both independent work and collaboration. Think of examples that highlight your ability to work effectively in a team, as well as times when you've taken the initiative on your own.

(Re) Insurance Credit Controller / IBA Underwriting Account handler
Aon

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  • (Re) Insurance Credit Controller / IBA Underwriting Account handler

    Leicester
    Full-Time
    36000 - 60000 £ / year (est.)

    Application deadline: 2027-08-16

  • A

    Aon

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