Trainee Credit Control

Job Title: Trainee Insurance Credit Control

Salary: £29,000

Location: London

Type: Permanent

Date: 14 Nov 2023

Sector: FINANCE / ACCOUNTING

This leading insurance underwriter has an excellent market reputation and is continuing to expand. They are now looking for a new member of staff to assist in providing a robust and scalable Credit Control service, expediting cash allocation and debt collection whilst liaising with brokers, underwriters, treasury, international offices, and outsourced service providers.

As a growing company and a relatively new team, there are opportunities to be involved in various operational initiatives including process improvement, data quality, and automation projects.

Main Duties:

1. Under the guidance of the Credit Control Manager, administer credit control tasks.
2. Liaise with brokers, underwriters, treasury, international offices, and outsourced providers involved in the settlement of bureau and non-bureau premium payments.
3. Raise intercompany transfers and outgoing payments.
4. Contribute to meeting KPI’s in terms of the reduction of aged debt and unallocated cash within the Group.
5. Assist in the production of reports to the Operations Committee and Credit Risk Committee.
6. Be involved with continuous improvement initiatives to reduce aged debt, unallocated cash, and premium queries.
7. Attend training sessions and other meetings, as and when required.
8. Assist with and undertake tasks as defined by the Credit Control Manager.

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