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- Tasks: Manage premium collections and enhance cash flow while liaising with brokers and underwriting teams.
- Company: Join AXIS Capital, a leader in specialty insurance and reinsurance with a supportive culture.
- Benefits: Enjoy competitive pay, health plans, tuition reimbursement, and flexible working arrangements.
- Why this job: Make a meaningful impact in the insurance industry while developing your career.
- Qualifications: Experience in binder business, strong analytical skills, and effective communication abilities.
- Other info: Dynamic work environment with opportunities for growth and professional development.
The predicted salary is between 28800 - 43200 £ per year.
This is your opportunity to join AXIS Capital – a trusted global provider of specialty lines insurance and reinsurance. We stand apart for our outstanding client service, intelligent risk taking and superior risk adjusted returns for our shareholders. We also proudly maintain an entrepreneurial, disciplined and ethical corporate culture. As a member of AXIS, you join a team that is among the best in the industry.
At AXIS, we believe that we are only as strong as our people. We strive to create an inclusive and welcoming culture where employees of all backgrounds and from all walks of life feel comfortable and empowered to be themselves. This means that we bring our whole selves to work.
All qualified applicants will receive consideration for employment without regard to race, color, religion or creed, sex, pregnancy, sexual orientation, gender identity or expression, national origin or ancestry, citizenship, physical or mental disability, age, marital status, civil union status, family or parental status, or any other characteristic protected by law. Accommodation is available upon request for candidates taking part in the selection process.
Aids premium collection, enhances cash flow and minimizes debt
- Monitor and manage outstanding premium balances across binder business
- Liaise with brokers, DUA team and underwriting staff, on at least a monthly basis, to resolve premium discrepancies and ensure prompt payment
- Chase overdue balances via phone, email and face to face meetings, maintaining a professional and diplomatic approach
- Maintain records of all communications and ensure insurance accounting system notes are up-to-date and accurate
- Escalate problematic accounts to Underwriting teams and Premium Accounting management and recommend appropriate action
- Reconciliation of premium and risk bordereaux
- Assist with binder related projects
- Liaise with Offshore teams where required
- Always ensure compliance with Axis policies
You may also be required to take on additional duties, responsibilities and activities appropriate to the nature of this role.
About You:
We encourage you to bring your own experience and expertise to the table, so while there are some qualifications and experience we need you to have, we are open to discussing how your individual knowledge might lend itself to fulfilling this role and help us achieve our goals.
What you need to have:
- Knowledge and experience of Company and Lloyd's Market binder business
- Good analytical skills
- Good organization and time management capabilities
- Good communications skills
IT Skills (ideal but not essential)
- Excel & Word
- Outlook
- Access
- IRIS (good but not essential)
- Lloyd's/Company bureau systems
Role Factors:
In this role, you will typically be required to be in the office 3 days per week and additionally if requested.
What we offer:
You will be eligible for a comprehensive and competitive benefits package which includes medical plans for you and your family (spouse, dependents), health and wellness programs, retirement plans, tuition reimbursement, paid annual leave, and much more. Rewarding. Challenging. Meaningful.
We are shaping the direction of Insurance and Reinsurance during a critical and exciting time for the industry. Whether you are a student approaching graduation or a seasoned professional looking for a new environment, AXIS has the right challenges and career opportunities for you. At AXIS, we value each individual and recognize that attracting and retaining the right people is essential to the success of our company.
We offer a comprehensive and competitive benefits package which includes medical plans for employees and their families, health and wellness programs, retirement plans, tuition reimbursement, paid vacation, and much more.
Credit Controller - Binders in London employer: AXIS Capital
Contact Detail:
AXIS Capital Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Credit Controller - Binders in London
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect with current employees at AXIS. A friendly chat can sometimes lead to opportunities that aren’t even advertised.
✨Tip Number 2
Prepare for interviews by researching AXIS and understanding their culture. Be ready to discuss how your skills align with their values, especially around client service and teamwork.
✨Tip Number 3
Practice your communication skills! Whether it’s over the phone or face-to-face, being clear and professional is key, especially when discussing premium discrepancies or overdue balances.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, you’ll find all the latest job openings there!
We think you need these skills to ace Credit Controller - Binders in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Credit Controller role. Highlight your experience with premium collection and any relevant analytical skills. We want to see how your background fits with what we do at AXIS!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about the role and how your skills can help us enhance cash flow and minimise debt. Keep it professional but let your personality show!
Showcase Your Communication Skills: Since this role involves liaising with brokers and other teams, make sure to highlight your communication skills in your application. We love candidates who can maintain a professional and diplomatic approach while chasing overdue balances.
Apply Through Our Website: We encourage you to apply through our website for the best chance of getting noticed. It’s straightforward and ensures your application goes directly to us. Don’t miss out on this opportunity to join our team!
How to prepare for a job interview at AXIS Capital
✨Know Your Numbers
As a Credit Controller, you'll be dealing with premium balances and financial discrepancies. Brush up on your analytical skills and be ready to discuss how you've managed similar situations in the past. Bring examples of how you’ve improved cash flow or resolved overdue balances.
✨Communication is Key
This role requires liaising with brokers and underwriting staff, so practice your communication skills. Prepare to explain how you maintain professionalism while chasing overdue payments. Think of scenarios where your diplomatic approach made a difference.
✨Familiarise Yourself with the Tools
While not all IT skills are essential, having a good grasp of Excel, Word, and any relevant insurance systems can set you apart. If you have experience with IRIS or Lloyd's systems, be sure to mention it. Consider bringing a few examples of how you've used these tools effectively.
✨Show Your Organisational Skills
Time management and organisation are crucial for this role. Be prepared to discuss how you prioritise tasks and manage multiple accounts. Share specific strategies you use to keep track of communications and ensure compliance with policies.
