At a Glance
- Tasks: Manage credit control, collect premiums, and liaise with brokers for overdue payments.
- Company: Dynamic London market insurance business with a collaborative team.
- Benefits: Competitive salary, professional development, and a supportive work environment.
- Other info: Opportunity to develop effective processes and grow within the company.
- Why this job: Join a vital role in ensuring financial health and make a real impact.
- Qualifications: Previous credit control experience in insurance and strong negotiation skills.
The predicted salary is between 35000 - 45000 £ per year.
A London market insurance business is recruiting for a Credit Controller.
Responsibilities
- Manage all credit control matters, working collaboratively with the operations, finance, broking and underwriting teams to address aged debt and proactively identify risks.
- Collect and reconcile all insurance premiums, and produce and send out broker statements and invoices.
- Liaise with brokers and other debtors to chase overdue premiums and remittances through a variety of channels.
- Accurately record all debt recovery in the appropriate ledgers.
- Develop an effective credit control process and solutions that can be implemented across the business.
- Provide regular MI for internal and external use.
- Review legacy unallocated cash and settle where possible.
Qualifications
- Applicants must have previous credit control experience gained within the insurance sector.
- Possess excellent negotiation and communication skills to ensure timely debt recovery.
- Have an analytical mindset with the ability to assess credit risk and flag potential bad debts.
Insurance Credit Controller employer: Harrison Holgate
Join a dynamic London market insurance business that values collaboration and innovation in its work culture. As an Insurance Credit Controller, you'll benefit from a supportive environment that encourages professional growth and development, while also enjoying competitive remuneration and a comprehensive benefits package. This role offers the unique opportunity to make a significant impact on the company's financial health and client relationships, all within the vibrant city of London.
StudySmarter Expert Advice🤫
We think this is how you could land Insurance Credit Controller
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like Harrison Holgate). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like Harrison Holgate. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Insurance Credit Controller
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at Harrison Holgate.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Harrison Holgate. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at Harrison Holgate
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Harrison Holgate to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at Harrison Holgate, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding Harrison Holgate's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
