Commercial Executive - Premium Finance (6 month Fixed Term)
Commercial Executive - Premium Finance (6 month Fixed Term)

Commercial Executive - Premium Finance (6 month Fixed Term)

Full-Time 30000 - 40000 £ / year (est.) No home office possible
First Central Services

At a Glance

  • Tasks: Support Premium Finance delivery, manage credit control, and improve processes.
  • Company: 1st Central, a leading insurance company with a people-first culture.
  • Benefits: Competitive salary, health plans, flexible holidays, and electric car scheme.
  • Other info: Great workplace culture with potential for contract extension.
  • Why this job: Join a dynamic team and make a real impact in the insurance industry.
  • Qualifications: Experience in finance/accounting and proficiency in Focus required.

The predicted salary is between 30000 - 40000 £ per year.

Location: Haywards Heath | Salary: £30,000 - £40,000 depending on experience | Department: Commercial

We’re 1st Central, a market-leading insurance company utilising smart data and technology. We pride ourselves on rapid growth driven by providing our 1.4 million customers with great value insurance and excellent service. We have been awarded Insurance Employer of the Year at the British Insurance Awards 2024, and our Glassdoor score reflects our great workplace culture!

Are you a strong administrator with experience in Finance or Accounting? Are you an expert Focus user? If so, we want to hear from you!

This role is a 6-month fixed term contract with potential extension based on team needs. In this role, you’ll support First Central with activities related to the delivery of the Premium Finance product, including credit control, lending, and consumer collections.

Core skills required:
  • Experience in Finance / Accounting processes
  • Proficiency with Focus
Responsibilities include:
  • Assist with outsourcing debt collection to Debt Collection Agencies (DCA), including fund accounting, write-offs, and administration
  • Review daily aged debt reports to ensure data integrity
  • Process manual journals for reconciliation
  • Respond to queries from DCA’s and other departments within SLA
  • Maintain controls throughout the department
  • Plan and allocate daily workloads to meet SLAs
  • Identify and implement process/system improvements for Premium Finance
  • Ensure compliance with FCA CONC, TCF, and other standards
  • Participate in system testing and project work
  • Perform other duties as required
Desired skills & experience:
  • Experience in credit control, lending, and collections
  • Ability to meet deadlines
  • Stakeholder management in regulated environments
  • Excellent communication skills
  • Strong organisational skills and time management
  • Problem-solving and influencing skills
  • Proficiency in MS Office, especially Word, Excel, Project, PowerPoint
  • Good numeracy skills
  • Self-motivated and proactive
Knowledge:
  • Understanding of credit control principles
  • Knowledge of accounting systems and processes
  • Regulatory awareness, including CONC and TCF
Behaviours:
  • Commercial awareness and impact understanding
  • Self-motivated, enthusiastic, and organized
  • Proactive and detail-oriented
  • Flexible, positive attitude, and team player
  • Customer-focused and driven to improve business outcomes
  • Adaptable to change and proactive in project management

If this sounds like the role for you, apply today! Check out our reviews on Glassdoor and see what colleagues say about working here.

What we offer:
  • People-first culture with energetic, supportive workplaces
  • Perks including health plans, flexible holidays, electric car scheme, flexible working, and more

Commercial Executive - Premium Finance (6 month Fixed Term) employer: First Central Services

1st Central is an award-winning insurance company located in Haywards Heath, known for its people-first culture and commitment to employee well-being. With a focus on growth and innovation, we offer competitive salaries, flexible working arrangements, and a range of benefits including health plans and an electric car scheme. Join us to be part of a dynamic team that values your contributions and supports your professional development in a thriving environment.
First Central Services

Contact Detail:

First Central Services Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Commercial Executive - Premium Finance (6 month Fixed Term)

✨Tip Number 1

Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.

✨Tip Number 2

Prepare for interviews by researching the company and role thoroughly. Understand their values and how your skills align with their needs. This will help you stand out and show that you're genuinely interested in joining the team.

✨Tip Number 3

Practice your interview skills with a friend or in front of a mirror. Focus on articulating your experience in finance and how it relates to the role. Confidence is key, so the more you practice, the better you'll feel!

✨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 about their job search.

We think you need these skills to ace Commercial Executive - Premium Finance (6 month Fixed Term)

Finance Processes
Accounting
Focus Proficiency
Credit Control
Lending
Consumer Collections
Data Integrity
Manual Journals Processing
Stakeholder Management
Regulatory Awareness (FCA CONC, TCF)
MS Office Proficiency (Word, Excel, Project, PowerPoint)
Numeracy Skills
Organisational Skills
Problem-Solving Skills
Project Management

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Commercial Executive role. Highlight your experience in Finance or Accounting, and don’t forget to mention your proficiency with Focus. 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 the perfect fit for our team. Share specific examples of your past experiences that relate to credit control and lending. We love a good story!

Show Off Your Communication Skills: Since excellent communication is key for this role, make sure your application reflects that. Keep your language clear and concise, and don’t hesitate to showcase your organisational skills. We appreciate a well-structured application!

Apply Through Our Website: We encourage you to apply directly through our website. It’s the easiest way for us to receive your application and ensures you’re considered for the role. Plus, you can check out more about our culture while you’re there!

How to prepare for a job interview at First Central Services

✨Know Your Numbers

Brush up on your finance and accounting knowledge, especially around credit control and lending. Be ready to discuss specific examples from your past experience that demonstrate your understanding of these processes.

✨Master the Tools

Since proficiency with Focus is a must, make sure you’re familiar with its functionalities. If possible, practice using it before the interview so you can confidently discuss how you've used it in previous roles.

✨Showcase Your Problem-Solving Skills

Prepare to share instances where you've identified and implemented process improvements. Highlight your ability to manage stakeholder relationships and how you’ve navigated challenges in regulated environments.

✨Be Ready for Scenario Questions

Expect questions that assess your organisational skills and time management. Think of scenarios where you had to meet tight deadlines or manage multiple tasks, and be prepared to explain your approach and the outcomes.

Commercial Executive - Premium Finance (6 month Fixed Term)
First Central Services

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