Credit Controller 12m FTC in London
Credit Controller 12m FTC

Credit Controller 12m FTC in London

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

  • Tasks: Manage credit control, collect funds, and resolve queries with brokers.
  • Company: CFC, a dynamic insurance company with a fun and passionate culture.
  • Benefits: Full-time role with opportunities for growth and development.
  • Why this job: Join a team that values passion, collaboration, and making a difference.
  • Qualifications: Experience in Credit Control or IBA accounting within the insurance sector.
  • Other info: Fast-paced environment with a focus on teamwork and strong relationships.

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

Here at CFC we are looking for an experienced Credit Controller to be responsible for the timely collection of funds from brokers, resolution of aged debt and queries, and accurate cash allocation. The role supports departmental targets related to debt levels and unallocated cash, distribution of monthly statements and handling incoming enquiries from brokers, while maintaining strong relationships with both brokers and internal stakeholders.

The Credit Controller will be responsible for active credit control, ensuring timely collection of funds from brokers; escalated unresolved debt and initiating actions such as Final Chasers or Notices of Cancellation where necessary. Other responsibilities include but are not limited to:

  • Unallocated Cash – Ensuring cash is applied accurately and resolving queries where appropriate.
  • Take ownership of queries and resolve issues to reduce aged debt.
  • Monitor and follow up on debt over 60 days in line with departmental processes.
  • Build strong broker relationships to ensure timely payments and issue resolution.
  • Liaise regularly and collaboratively with underwriters and brokers to address overdue premiums and any payment delays.
  • Respond to broker enquiries via phone and email.
  • Distribute monthly statements.
  • Escalate high-risk accounts and provide regular updates on aged debt.
  • Provide support to other team members as needed, including assistance with cash allocation during busy periods.

To be considered for this role, you must have experience in Credit Control or IBA accounting within the insurance sector. Familiarity with multicurrency transactions and account reconciliation. Proficiency in Excel preferred. Strong communication and stakeholder management. Analytical and detail-oriented with good problem-solving skills. Organised and proactive; able to manage priorities in a fast-paced environment. Collaborative team player with a flexible approach. Ability to work independently and manage a high-volume workload.

Core Values

  • Love what you do: We show up each day ready to take on the world. Our passion and intensity set us apart and makes the difference to our colleagues, customers, brokers and carriers.
  • Challenge everything: We're never afraid to question the way that things are done and we constantly challenge ourselves and others to make things better.
  • Have fun, be good: Insurance is a serious business, but we don’t take ourselves too seriously. We make it fun to work at CFC, we welcome all viewpoints, and we treat everyone how we would expect to be treated.

Credit Controller 12m FTC in London employer: CFC

CFC is an exceptional employer located in the vibrant heart of London, offering a dynamic work culture that values passion, collaboration, and innovation. As a Credit Controller, you will benefit from a supportive environment that encourages professional growth and development, while also enjoying the unique advantage of working within a diverse team that prioritises strong relationships with brokers and internal stakeholders. With a commitment to making work enjoyable and meaningful, CFC stands out as a place where you can truly thrive in your career.
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Contact Detail:

CFC Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Credit Controller 12m FTC in London

✨Tip Number 1

Network like a pro! Reach out to your connections in the finance and insurance sectors. Attend industry events or webinars, and don’t be shy about introducing yourself. You never know who might have a lead on that perfect Credit Controller role!

✨Tip Number 2

Prepare for those interviews! Research common questions for Credit Controller positions and practice your answers. Be ready to showcase your experience with debt collection and cash allocation, and don’t forget to highlight your problem-solving skills.

✨Tip Number 3

Follow up after interviews! A quick thank-you email can go a long way. It shows your enthusiasm for the role and keeps you fresh in their minds. Plus, it’s a great chance to reiterate why you’re the best fit for the job.

✨Tip Number 4

Apply through our website! We love seeing applications come directly from candidates who are excited about joining us. Make sure to tailor your application to highlight your relevant experience in Credit Control and IBA accounting within the insurance sector.

We think you need these skills to ace Credit Controller 12m FTC in London

Credit Control
IBA Accounting
Debt Collection
Cash Allocation
Multicurrency Transactions
Account Reconciliation
Excel Proficiency
Communication Skills
Stakeholder Management
Analytical Skills
Problem-Solving Skills
Organisational Skills
Team Collaboration
Ability to Manage Priorities

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Credit Controller role. Highlight your experience in Credit Control or IBA accounting, especially within the insurance sector. We want to see how your skills match 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 passionate about this role and how you can contribute to our team. Don’t forget to mention your strong communication skills and ability to build relationships with brokers.

Show Off Your Analytical Skills: Since the role requires analytical and detail-oriented skills, make sure to include examples of how you've successfully resolved queries or managed aged debt in your previous roles. We love seeing problem-solving in action!

Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and get to know you better. Plus, it shows you're keen on joining our team!

How to prepare for a job interview at CFC

✨Know Your Numbers

As a Credit Controller, you'll be dealing with figures all day long. Brush up on your knowledge of cash allocation and aged debt management. Be ready to discuss specific examples from your past experience where you successfully resolved queries or collected overdue payments.

✨Build Rapport with Brokers

Strong relationships with brokers are key in this role. Think about how you can demonstrate your communication skills during the interview. Share instances where you've effectively managed broker relationships or resolved disputes, showing that you can maintain a positive working environment.

✨Showcase Your Problem-Solving Skills

Prepare to discuss how you've tackled challenges in credit control before. Whether it's dealing with unallocated cash or high-risk accounts, have a few stories ready that highlight your analytical abilities and detail-oriented approach. This will show that you're proactive and capable of handling the pressures of the role.

✨Be Ready for Technical Questions

Since proficiency in Excel and familiarity with multicurrency transactions are important, expect some technical questions. Brush up on your Excel skills and be prepared to explain how you've used them in previous roles. This will demonstrate your readiness to hit the ground running.

Credit Controller 12m FTC in London
CFC
Location: London
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  • Credit Controller 12m FTC in London

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

    CFC

    50-100
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