At a Glance
- Tasks: Lead a dynamic team in managing treaty reinsurance credit control and improving processes.
- Company: Join Chaucer, a leading global insurer with a diverse and inclusive culture.
- Benefits: Enjoy flexible hybrid work, extensive benefits, and wellbeing support.
- Why this job: Make a real impact in the insurance industry while developing your leadership skills.
- Qualifications: Experience in credit control and strong people management skills required.
- Other info: Be part of a growing team with excellent career advancement opportunities.
The predicted salary is between 36000 - 60000 £ per year.
Chaucer is a leading insurance group at Lloyd's, the world's specialist insurance market. We help protect industries around the world from the risks they face. Our customers include major airlines, energy companies, shipping groups, global manufacturers and property groups. Headquartered in London, with hubs in Copenhagen, Dubai, Miami, Dublin, Singapore, Sydney and Bermuda, to be closer to our clients across the world.
Job Profile Summary
The Credit Control Treaty Team Leader is responsible for leading and developing a specialist function focused on the full lifecycle of inwards treaty reinsurance credit control, with emphasis on proportional, non‑proportional, and excess of loss treaty accounts. This role plays a pivotal part in ensuring treaty cash accuracy, timely settlement, global process consistency, and high‑quality reporting across Chaucer Group. Working closely with Reinsurance Technical Accountants, Underwriters, Finance and outsourced partners, the Team Leader will drive the centralisation and modernisation of treaty credit control processes - improving data integrity, strengthening controls, and accelerating aged debt reduction across the Chaucer Group. This is a key leadership role in a growing team with broad involvement in operational change, technical treaty initiatives, and strategic process improvements.
Job Description
- Act as a key focal point for day to day bureau and non bureau matters across Chaucer Group, supporting the Reinsurance Technical Accountants on specific issues.
- Lead, motivate and develop a team in order to deliver objectives in line with business goals.
- Liaise with brokers, underwriters, treasury, Chaucer international offices and outsourced providers in order to resolve complex queries and support business processes.
- Monitor and drive reduction of aged debt and unallocated cash specifically arising from treaty accounts, supporting KPI delivery across the Chaucer Group.
- Identify and contribute to continuous improvement initiatives which support a future robust and scalable Credit Control service, in respect of the Treaty book of business and in turn reduces aged debt, unallocated cash and premium queries.
- Work closely with Reinsurance Technical Accounts to support the creation, review, and continuous improvement of detailed treaty process guides (including proportional, non‑proportional, and excess of loss).
- Participate in the reduction of data quality issues across the Chaucer Group highlighting opportunities for improvement.
- Support the Credit Control and Non Bureau Manager in the centralisation of remaining treaty related credit control activities, ensuring inconsistencies are kept at a minimum across all Chaucer offices.
- Attend and participate in training sessions and other meetings, as and when required.
- Provide coaching and training to Reinsurance Technical Accountants, conducting regular performance reviews and supporting professional development.
- Assist in the development and enhancement of Management Reporting.
- Assist with and undertake tasks as defined by the Credit Control and Non Bureau Manager.
- Act as deputy to the Credit Control & Non‑Bureau Manager when required.
Regulatory Responsibilities
Support the CSL and CIC Board's to maintain a corporate culture, policies and procedures that pay due regard to the interests of CSL / CIC customers and treats them fairly at all times.
Skills and Competencies
- In-depth understanding of the Lloyd's and international insurance markets and proven experience within an insurance company or broker environment.
- Expertise in managing a wide range of business classes, with a strong focus on treaty arrangements.
- Extensive Credit Control experience within the insurance sector, demonstrating accuracy and efficiency in managing complex accounts.
- Proven people management experience, with a track record of leading and developing high-performing teams.
- Subject Matter Expert (SME) involvement in change initiatives, including process redesign and successful adoption of new systems and workflows.
- Leadership capability, fostering team development and engagement.
- Exceptional stakeholder management skills, building trusted relationships across multiple levels.
- Results-driven mindset, consistently delivering against objectives and deadlines.
- Analytical and critical thinking, with the ability to interpret data and make informed decisions.
- Adaptability and resilience, thriving in fast-paced and evolving environments.
- Integrity and professionalism, maintaining high ethical standards in all interactions.
- Advanced problem-solving skills, identifying issues and implementing effective solutions.
We offer:
- A flexible hybrid work model that supports individual and team needs.
- A diverse, inclusive culture that values people for who they are.
- Extensive, non-contributory benefits, including medical, life, and pension cover, flexible holidays, and wellbeing support.
Why Join Chaucer?
Chaucer is a leading global insurer operating in both Lloyd's and company markets, helping industries worldwide manage risk - from nuclear, shipping, manufacturing, and property. Headquartered in London, with offices in Copenhagen, Bermuda, Sydney, Ireland, Miami, Dubai, and Singapore, we're close to our clients wherever they are. We have shown strong financial success with our Gross Written Premiums growing from $1.4bn in 2019 to $3.5bn in 2024. Backed by strong teams, platforms, and client relationships, Chaucer is poised for continued success.
Credit Control Treaty Team Lead employer: Chaucer Group
Contact Detail:
Chaucer Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Credit Control Treaty Team Lead
✨Tip Number 1
Network like a pro! Reach out to your connections in the insurance industry, especially those who work at Chaucer or similar companies. A friendly chat can open doors and give you insights that might just help you land that Credit Control Treaty Team Lead role.
✨Tip Number 2
Prepare for the interview by brushing up on your knowledge of treaty reinsurance and credit control processes. We want to see you shine, so be ready to discuss how your experience aligns with Chaucer's goals and how you can contribute to their success.
✨Tip Number 3
Showcase your leadership skills! Be prepared to share examples of how you've motivated and developed teams in the past. At Chaucer, they value strong leaders who can drive change and improve processes, so let that shine through!
✨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 being part of the Chaucer team. Let's get you that dream job!
We think you need these skills to ace Credit Control Treaty Team Lead
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Credit Control Treaty Team Lead role. Highlight your experience in credit control and team leadership, and don’t forget to mention any relevant achievements that align with Chaucer's goals.
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 understanding of the insurance market and how your skills can help improve treaty credit control processes at Chaucer.
Showcase Your Leadership Skills: Since this is a leadership role, be sure to highlight your experience in managing teams. Share examples of how you've motivated and developed your team members to achieve business objectives in the past.
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 ensures you’re considered for this exciting opportunity at Chaucer!
How to prepare for a job interview at Chaucer Group
✨Know Your Stuff
Make sure you have a solid understanding of the Lloyd's and international insurance markets. Brush up on treaty arrangements and credit control processes, as you'll need to demonstrate your expertise in these areas during the interview.
✨Showcase Your Leadership Skills
As a Credit Control Treaty Team Lead, you'll be expected to lead and develop a team. Prepare examples of how you've successfully managed teams in the past, focusing on motivation, performance reviews, and professional development.
✨Be Ready for Complex Queries
Expect to discuss how you would handle complex queries involving brokers, underwriters, and outsourced providers. Think about specific scenarios where you've resolved issues effectively and be ready to share those experiences.
✨Highlight Continuous Improvement Initiatives
Chaucer values innovation and efficiency. Be prepared to talk about any continuous improvement initiatives you've been involved in, especially those that relate to credit control processes or data quality improvements.