Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Manage debt, collections, and cash allocation while collaborating with various teams.
- Company: Join Beazley, a dynamic company known for professionalism and integrity in the finance sector.
- Benefits: Enjoy a supportive work culture with opportunities for professional growth and development.
- Why this job: This role offers hands-on experience in finance and the chance to build valuable relationships.
- Qualifications: A-level education preferred; experience in finance or insurance is a plus but not essential.
- Other info: Fluency in French is desirable; no prior credit control experience required.
The predicted salary is between 28800 - 43200 £ per year.
Division: Finance Operations – Credit Control
It is not a prerequisite to have prior experience in credit control. Those working in alternative areas, especially with a background in insurance, are encouraged to apply. Suitable backgrounds include roles such as Underwriting Technician, Analyst, Bordereaux Technician, Underwriting Operations Analyst, Claims Support Technician, Claims Operations Technician, or similar, which transfer well into this role.
Reports To: Assistant Credit Control Manager
Key Relationships:
- Internal: Underwriting, Claims, Finance, UK & RoW Operations teams, Digital Operations teams, Digital Services Team, IT, Agresso Support, AR Support team, Broker Relations
- External: Brokers, 3rd Party service providers, external credit controllers
Job Summary:
- Ownership of open debt, collections, and cash allocation including:
- Daily credit control processing
- Business partnering with operations underwriting and business teams
- Managing relationships with brokers, underwriters, and the business
- Daily data validation, reconciliation, and analysis
- Monthly processing, controls, and reporting
- Monthly reconciliations and financial accounting
- Continuous improvement of the credit control function
General Responsibilities:
- Develop strong relationships with brokers and key stakeholders across the Group
- Uphold Beazley's culture of professionalism, integrity, effectiveness, and a dynamic attitude, fostering teamwork and a positive external brand image
- Comply with Beazley's procedures, policies, and regulations relevant to your role, including relevant training
- Stay updated with developments in underwriting, claims, and customer relationship standards
- Uphold the principle of Treating Customers Fairly and Conduct
- Perform additional responsibilities as directed, including participation in various teams or committees
- Discipline members of staff contravening regulations as per staff handbook
Key Responsibilities:
- Daily credit control activities including debt collection, cash allocation, and reconciliation
- Supporting cash collection processes and resolving payment issues
- Optimizing auto cash allocations and addressing blockers
- Supporting direct debit collections, rejections, and reconciliation
- Managing relationships with brokers, underwriters, and internal teams to resolve account queries
- Providing MI on aged debt and collection patterns
- System testing and process improvement initiatives
- Monthly reporting and reconciliation activities
- Supporting system development and UAT testing
Personal and Professional Qualifications:
- General accounting knowledge preferred
- Educated to A level or equivalent
- CICM/AAT/ACCA/CIMA qualifications advantageous but not essential
Skills and Abilities:
- Time management, deadline orientation, and prioritization skills
- Advanced data analysis and reconciliation skills
- Strong accounting and finance controls expertise
- Effective communication and presentation skills
- Proficiency in underwriting and finance systems, data quality management
- Attention to detail, numeracy, and accuracy
- Excellent stakeholder engagement skills
- Self-motivated and proactive problem solver
- Independent work capability
- Strong computer skills; fluency in French is desirable but not essential
Experience and Knowledge:
- Experience in credit control collections and cash allocations preferred
- Experience with process/system improvements in finance advantageous
- Insurance industry experience, especially Lloyd's or general insurance, preferred
- Knowledge of Xchanging, premiums, and claims processing advantageous
- Familiarity with relevant accounting principles and systems such as Excel, FIS GetPaid, GoCardless, Agresso, MyBeazley
Disposition and Competencies:
- Outcome-focused, enthusiastic, professional
- Strong relationship builder and communicator
- Detail-oriented, proactive, and adaptable to change
- Able to interact effectively at all levels within the organization
Accounts Receivable Analyst - 12 Month FTC employer: Beazley
Contact Detail:
Beazley Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Accounts Receivable Analyst - 12 Month FTC
✨Tip Number 1
Familiarise yourself with the insurance industry, especially if you have a background in underwriting or claims. Understanding the nuances of these areas will help you connect better with stakeholders and demonstrate your knowledge during interviews.
✨Tip Number 2
Network with professionals in credit control and finance operations. Attend industry events or join relevant online forums to build relationships and gain insights that could give you an edge when applying for the role.
✨Tip Number 3
Brush up on your data analysis and reconciliation skills. Being able to showcase your proficiency in these areas can set you apart, especially since the role involves daily credit control activities and financial reporting.
✨Tip Number 4
Prepare to discuss your problem-solving abilities and how you've managed relationships in previous roles. This is crucial as the position requires effective communication and collaboration with brokers and internal teams.
We think you need these skills to ace Accounts Receivable Analyst - 12 Month FTC
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience, especially if you have a background in insurance or roles like Underwriting Technician or Analyst. Emphasise skills that align with the job description, such as data analysis and stakeholder engagement.
Craft a Strong Cover Letter: In your cover letter, express your enthusiasm for the role and how your previous experiences make you a suitable candidate. Mention specific examples of how you've managed relationships or improved processes in past roles.
Highlight Relevant Skills: Focus on showcasing your time management, attention to detail, and communication skills. These are crucial for the Accounts Receivable Analyst position, so provide examples of how you've demonstrated these abilities in your previous work.
Proofread Your Application: Before submitting, carefully proofread your application for any spelling or grammatical errors. A polished application reflects professionalism and attention to detail, which is essential for this role.
How to prepare for a job interview at Beazley
✨Understand the Role
Make sure you thoroughly understand the responsibilities of an Accounts Receivable Analyst. Familiarise yourself with credit control processes, cash allocation, and how to manage relationships with brokers and underwriters. This will help you answer questions confidently and demonstrate your interest in the role.
✨Highlight Relevant Experience
Even if you don't have direct experience in credit control, emphasise your background in related fields like underwriting or claims support. Prepare examples of how your skills in data analysis, relationship management, or financial reporting can transfer to this position.
✨Showcase Your Communication Skills
Effective communication is key in this role, especially when dealing with brokers and internal teams. Be ready to discuss how you've successfully managed stakeholder relationships in the past and how you can apply those skills in this new position.
✨Prepare for Scenario Questions
Expect scenario-based questions that assess your problem-solving abilities and decision-making skills. Think about situations where you've had to resolve payment issues or improve processes, and be prepared to explain your thought process and outcomes.
