At a Glance
- Tasks: Manage credit exposures and support finance operations in a dynamic start-up.
- Company: Flock is revolutionising insurance with a data-driven approach for connected vehicles.
- Benefits: Enjoy a hybrid working model and the chance to make a real impact from day one.
- Why this job: Gain hands-on experience in credit control and grow your skills in a supportive environment.
- Qualifications: Experience in credit control and strong analytical skills are essential; accountancy qualifications are a plus.
- Other info: We value authenticity, so bring your true self to the application!
The predicted salary is between 36000 - 60000 £ per year.
A BIT ABOUT FLOCK
At Flock we do insurance very differently. Our real-time, data-driven approach means we’re able to price connected vehicle insurance and assess risk better than ever before, whilst giving fleet owners the insights they need to improve safety. We don’t just pay claims; we help our customers prevent them. We now insure hundreds of fleets in the UK, including the likes of JLR and Amazon, as well as fleets that work for DPD, Uber and Bolt. We’ve now raised over £50M and our goal is to become the leading insurance company for connected and autonomous vehicles, and we’re building a world-class team to help us get there.
THE ROLE
We are looking for a Financial Analyst to join our Finance team and help manage our credit exposures, working in close partnership with a range of internal and external stakeholders, particularly our brokers.
WHAT WE THINK IS MOST EXCITING ABOUT THIS ROLE
This is a fantastic opportunity to gain hands-on exposure to all aspects of credit control within a small, innovative start-up environment. You’ll have the chance to make a real impact from day one, helping to shape and professionalise our credit control function as we scale. With direct ownership of a portion of our debt portfolio, you’ll quickly see the results of your actions, from resolving issues with brokers and end customers to tightening our collections process. Alongside credit control, you’ll also support broader finance operations by producing broker statements and managing follow-up queries, giving you a well-rounded foundation. If you’re eager to grow, you’ll find plenty of opportunities to expand your skills across the wider Finance team as we continue to evolve.
A LITTLE MORE ON WHAT YOU’LL BE DOING
- Daily debt collection
- Handling process queries from brokers and working with underwriters to resolve account queries
- Identifying overdue payments and taking corrective action in line with our credit risk management policy
- Managing and tracking cancellations
- Business partnering with internal clients including underwriting, revenue and customer operations teams including alignment on service level agreements and ensuring that we in Finance live up to our commitments
- Identifying and raising issues with internal data quality that is holding the credit control function back
- Communicating issues raised by brokers to the respective business team
- Performing monthly reconciliations of broker statements
- Monthly reporting: Providing business teams with a monthly aged debt summary for use in the renewals and claims handling
- Playing your part in driving continuous improvement of the Flock credit control function
WHAT YOU’LL BRING TO FLOCK
- Professional approach to both internal and external clients, in particular brokers
- The ability to manage time, meet deadlines and prioritise own work
- Accuracy, attention to detail, diligence and a structured approach
- Analytical skills, numeracy and data manipulation skills are essential
- Experience of credit control is essential
- Experience from an insurance company or an insurance brokerage an advantage
- General accounting knowledge
- Accountancy qualifications is an advantage
At Flock, we typically follow a hybrid working model involving a minimum of 3 days per week spent in the office, which is based in Central London, a few minutes walk from Moorgate and Liverpool Street.
ONE LAST THING.. Authenticity is important to us. We value the unique qualities and experiences you bring. So if you apply, just be your genuine self. It’s who we want!
Financial Analyst (Contract) employer: Flockover.com
Contact Detail:
Flockover.com Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Financial Analyst (Contract)
✨Tip Number 1
Familiarise yourself with Flock's innovative approach to insurance. Understanding their real-time, data-driven model will help you articulate how your skills as a Financial Analyst can contribute to their mission of improving credit control and risk management.
✨Tip Number 2
Network with professionals in the insurance industry, especially those with experience in credit control. Engaging with current or former employees of Flock on platforms like LinkedIn can provide valuable insights into the company culture and expectations for the role.
✨Tip Number 3
Prepare to discuss specific examples from your past experience that demonstrate your analytical skills and attention to detail. Highlight instances where you've successfully managed debt collection or improved financial processes, as these will resonate well with Flock's needs.
✨Tip Number 4
Show your enthusiasm for continuous improvement and innovation. Flock values a proactive approach, so be ready to share ideas on how you could enhance their credit control function and contribute to their growth in the connected vehicle insurance market.
We think you need these skills to ace Financial Analyst (Contract)
Some tips for your application 🫡
Understand the Company: Familiarise yourself with Flock's unique approach to insurance. Highlight your understanding of their data-driven methods and how they benefit fleet owners in your application.
Tailor Your CV: Make sure your CV reflects relevant experience, particularly in credit control and finance operations. Emphasise any analytical skills and attention to detail that align with the role.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Mention specific experiences that demonstrate your ability to manage credit exposures and work collaboratively with stakeholders.
Showcase Your Skills: Highlight your numerical and data manipulation skills in your application. Provide examples of how you've successfully handled similar tasks in previous roles, especially in an insurance or finance context.
How to prepare for a job interview at Flockover.com
✨Understand the Company Culture
Before your interview, take some time to research Flock's unique approach to insurance. Familiarise yourself with their real-time, data-driven methods and how they support fleet owners. This will help you align your answers with their values and demonstrate your genuine interest in the company.
✨Showcase Your Analytical Skills
As a Financial Analyst, you'll need strong analytical skills. Be prepared to discuss specific examples from your past experience where you've successfully analysed data or resolved financial issues. Highlight your ability to manipulate data and draw insights that can drive decision-making.
✨Prepare for Credit Control Questions
Since credit control experience is essential for this role, anticipate questions related to debt collection processes, managing overdue payments, and working with brokers. Think of scenarios where you've effectively managed credit risks and be ready to share those experiences.
✨Emphasise Your Communication Skills
Effective communication is key when working with internal teams and external brokers. Prepare to discuss how you've successfully communicated complex financial information in the past. Show that you can build relationships and collaborate across departments to achieve common goals.