At a Glance
- Tasks: Manage broker accounts and optimise collections performance through effective communication and problem-solving.
- Company: Join AIG, a global leader in insurance solutions with a focus on innovation.
- Benefits: Comprehensive benefits package for health, wellbeing, and professional development.
- Other info: Inclusive culture that values diversity and continuous learning.
- Why this job: Kickstart your career in finance with training and opportunities for growth.
- Qualifications: Experience in credit control and strong analytical skills required.
The predicted salary is between 30000 - 40000 £ per year.
Join us as a Receivables Coordinator to take your career to the next level with a global market leader. This is an excellent role for a candidate with excellent communication skills and attention to detail who has experience completing complex, high volume reconciliations and would like to progress their career. You will be given comprehensive training and the opportunity to complete professional qualifications.
Working as part of the UK Collection Team, the Coordinator role acts as a key support interface between Broker partners, onsite Product Towers, Broker and offshore (back-office operations). This role supports effective collaboration across all parties to help meet financial targets through the timely collection of premium due from clients. The position focuses on supporting established processes, maintaining strong working relationships, ensuring account handlers maintain allocated accounts to the requisite standard and contributing to continuous improvement initiatives across teams.
At AIG, we value in-person collaboration as a vital part of our culture, which is why we ask our team members to be primarily in the office. This approach helps us work together effectively and create a supportive, connected environment for our team and clients alike.
Responsibilities- Manage broker accounts to optimise collections performance through regular engagement, query resolution, and ledger oversight
- Maintain accurate ledger positions and ensure effective control of accounts receivable transactions
- Meet monthly and quarterly targets in line with business goals and objectives
- Take full ownership of allocated accounts, ensuring coding, commentary, and next actions are consistently updated
- Resolve account issues proactively to prevent overdue items
- Support and validate Bad Debt items, contributing to reduction and improved ledger accuracy
- Manage discrepancies (premium, commission, tax, gross differences) through agreed internal processes
- Monitor and action account entries daily, escalating issues to relevant teams where required
- Collaborate with third-party providers to ensure effective cash handling and query management
- Ensure timely resolution and escalation of queries, maintaining accountability through to completion
- Apply strong controls across cash processing, including validation and rejection of incorrect items
- Support continuous improvement initiatives and participate in escalation forums (e.g. war rooms, project teams)
- Credit Control experience
- Insurance experience advantageous
- Strong verbal and written communication skills with the ability to liaise effectively with people at all levels
- Proven capability in managing reconciliations involving large detailed data sets
- Able to work under pressure to meet strict deadlines
- Advanced knowledge of Excel, including Pivot tables
- Strong analytical skills
- Attention to detail and quality assurance
Enjoy Benefits That Take Care Of What Matters. At AIG, our people are our greatest asset. We know how important it is to protect and invest in what’s most important to you. We created our Total Rewards Program, a comprehensive benefits package that extends beyond time spent at work to offer benefits focused on your health, wellbeing and financial security—as well as your professional development—to bring peace of mind to you and your family.
Reimagining insurance to make a bigger difference to the world. American International Group, Inc. (AIG) is a global leader in commercial and personal insurance solutions; we are one of the world’s most far-reaching property casualty networks. It is an exciting time to join us — across our operations, we are thinking in new and innovative ways to deliver ever-better solutions to our customers. At AIG, you can go further to support individuals, businesses, and communities, helping them to manage risk, respond to times of uncertainty and discover new potential.
We invest in our largest asset, our people, through continuous learning and development, in a culture that celebrates everyone for who they are and what they want to become. Welcome to a culture of inclusion. We’re committed to creating a culture that truly respects and celebrates each other’s talents, backgrounds, cultures, opinions and goals. We foster a culture of inclusion and belonging through learning and Employee Resource Groups (ERGs). The talent of our people is one of AIG’s greatest assets, and we are honored that our drive for positive change has been recognized by numerous recent awards and accreditations.
AIG provides equal opportunity to all qualified individuals regardless of race, color, religion, age, gender, gender expression, national origin, veteran status, disability or any other legally protected categories. AIG is committed to working with and providing reasonable accommodations to job applicants and employees with disabilities. If you believe you need a reasonable accommodation, please send an email to candidatecare@aig.com.
Functional Area FA - Finance American International Group UK Limited, Ireland Branch
Receivables Coordinator employer: AIG
Contact Detail:
AIG Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Receivables Coordinator
✨Tip Number 1
Network like a pro! Reach out to current employees at AIG or in similar roles on LinkedIn. Ask them about their experiences and any tips they might have for landing the Receivables Coordinator position. Personal connections can give you an edge!
✨Tip Number 2
Prepare for the interview by practising common questions related to credit control and reconciliations. We recommend using the STAR method (Situation, Task, Action, Result) to structure your answers. This will help you showcase your skills effectively!
✨Tip Number 3
Show off your Excel skills! Since advanced knowledge of Excel is crucial for this role, brush up on pivot tables and data analysis. You could even prepare a mini-project to demonstrate your abilities during the interview.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re genuinely interested in joining AIG and being part of our collaborative culture.
We think you need these skills to ace Receivables Coordinator
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Receivables Coordinator role. Highlight your credit control experience and any relevant skills, like your attention to detail and communication prowess. We want to see how you can contribute to our team!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how your background aligns with our needs. Don’t forget to mention your experience with reconciliations and working under pressure.
Showcase Your Skills: In your application, be sure to showcase your analytical skills and Excel expertise. Mention specific examples of how you've managed large data sets or resolved discrepancies in the past. We love seeing real-life applications of your skills!
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team!
How to prepare for a job interview at AIG
✨Know Your Numbers
As a Receivables Coordinator, you'll be dealing with complex reconciliations and large data sets. Brush up on your Excel skills, especially Pivot tables, and be ready to discuss how you've managed similar tasks in the past. This will show your analytical prowess and attention to detail.
✨Communication is Key
Since this role involves liaising with various stakeholders, practice articulating your thoughts clearly. Prepare examples of how you've effectively communicated with different teams or clients to resolve issues. This will demonstrate your strong verbal and written communication skills.
✨Show Your Problem-Solving Skills
Be ready to discuss specific instances where you've proactively resolved account issues or discrepancies. Highlight your ability to manage queries and maintain ledger accuracy, as this aligns perfectly with the responsibilities of the role.
✨Emphasise Team Collaboration
AIG values in-person collaboration, so be prepared to talk about your experience working in teams. Share examples of how you've contributed to continuous improvement initiatives or supported colleagues in achieving financial targets. This will showcase your commitment to teamwork and the company's culture.