Credit Controller - Open Market in London
Credit Controller - Open Market

Credit Controller - Open Market in London

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

  • Tasks: Manage premium collections and enhance cash flow while resolving discrepancies.
  • Company: Dynamic insurance firm with a focus on collaboration and growth.
  • Benefits: Comprehensive benefits, including medical plans, wellness programs, and tuition reimbursement.
  • Why this job: Join a vital role in finance, making a real impact on cash flow and debt management.
  • Qualifications: General insurance knowledge and strong analytical, communication, and organisational skills.
  • Other info: Flexible office requirements with opportunities for professional development.

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

How does this role contribute to our collective success? Aids premium collection, enhances cash flow and minimizes debt.

What will you do in this role?

  • Monitor and manage outstanding premium balances across multiple insurance products.
  • Liaise with brokers 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.
  • Liaise with A&R team on insurance system reconciliation issues.
  • Liaise with Offshore teams where required.
  • Be aware of London Market news re financial positions of brokers within the remit of the role.
  • 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:

  • General insurance knowledge – principles and practices.
  • Lloyd’s market knowledge.
  • Good analytical skills.
  • Good organization and time management capabilities.
  • Good communications skills.
  • IT Skills (ideal but not essential).
  • A good standard of Excel & Word.
  • A knowledge of Access.
  • IRIS (good but not essential).
  • A good knowledge of Lloyd’s/Company bureau systems.

Role Factors:

In this role, you will typically be required to be in the office 9 days per calendar month 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.

Credit Controller - Open Market in London employer: AXIS Capital

As a Credit Controller in the Open Market, you will thrive in a dynamic and supportive work environment that prioritises employee growth and well-being. Our London-based office offers a collaborative culture where your contributions are valued, and you will benefit from a comprehensive benefits package, including medical plans, wellness programmes, and tuition reimbursement, ensuring you have the resources to excel both personally and professionally.
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Contact Detail:

AXIS Capital Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Credit Controller - Open Market in London

✨Tip Number 1

Network like a pro! Reach out to your connections in the insurance industry, especially those who know about credit control. A friendly chat can lead to insider info on job openings or even a referral.

✨Tip Number 2

Prepare for interviews by brushing up on your knowledge of the Lloyd’s market and general insurance principles. We want you to show off your analytical skills and how you can enhance cash flow and minimise debt!

✨Tip Number 3

Practice your communication skills! Whether it’s over the phone or face-to-face, being able to diplomatically chase overdue balances is key. Role-play with a friend to get comfortable with different scenarios.

✨Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, we love seeing candidates who are proactive and engaged with our company.

We think you need these skills to ace Credit Controller - Open Market in London

General Insurance Knowledge
Lloyd's Market Knowledge
Analytical Skills
Organisation Skills
Time Management
Communication Skills
IT Skills
Excel
Word
Access
IRIS
Knowledge of Lloyd's/Company Bureau Systems

Some tips for your application 🫡

Tailor Your CV: Make sure your CV speaks directly to the role of Credit Controller. Highlight your experience with premium collection and any relevant insurance knowledge. We want to see how your skills align with what we’re looking for!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re the perfect fit for this role. Mention your analytical skills and how you’ve successfully managed outstanding balances in the past. Let us know what makes you tick!

Show Off Your Communication Skills: Since this role involves liaising with brokers and underwriting staff, make sure to showcase your communication skills in your application. Whether it’s through examples in your CV or your cover letter, we want to see how you handle professional conversations.

Apply Through Our Website: Don’t forget to apply through our website! 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 at StudySmarter!

How to prepare for a job interview at AXIS Capital

✨Know Your Numbers

Brush up on your understanding of premium collection and cash flow management. Be ready to discuss how you’ve successfully managed outstanding balances in the past, as this will show your analytical skills and familiarity with the role.

✨Communication is Key

Prepare to demonstrate your communication skills by thinking of examples where you've effectively liaised with brokers or resolved discrepancies. Practising how you would handle a difficult conversation can also help you maintain a professional approach during the interview.

✨Stay Updated on Market Trends

Familiarise yourself with current news in the London Market, especially regarding brokers' financial positions. This knowledge will not only impress your interviewers but also show that you’re proactive and engaged with the industry.

✨Organise Your Thoughts

Since good organisation and time management are crucial for this role, prepare a few examples of how you’ve successfully managed multiple tasks or projects. This will highlight your ability to keep records accurate and up-to-date, which is essential for a Credit Controller.

Credit Controller - Open Market in London
AXIS Capital
Location: London
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  • Credit Controller - Open Market in London

    London
    Full-Time
    36000 - 60000 £ / year (est.)
  • A

    AXIS Capital

    1000-5000
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