At a Glance
- Tasks: Manage debt recovery and resolve complex queries in a dynamic finance environment.
- Company: Join a leading firm in the Lloyd's Market with a focus on innovation.
- Benefits: Enjoy a hybrid work model, competitive salary, and opportunities for professional growth.
- Other info: Work in a supportive team with excellent career advancement opportunities.
- Why this job: Be a key player in financial operations and make a real impact on business success.
- Qualifications: Experience in Credit Control and strong analytical skills are essential.
The predicted salary is between 40000 - 50000 € per year.
Role Type: Permanent Hybrid: 3 days a week, 2 days working from home
Are you a "switched-on" Credit Controller with a deep understanding of the Lloyd's Market? This is a high-visibility opportunity for a technical specialist to manage a diverse family syndicates. As an integral part of the Credit Control function, you will take ownership of the end-to-end settlement process. You will be responsible for resolving complex technical queries, ensuring liquidity through diligent debt recovery, and bridging the gap between underwriting and finance for startup business units.
Key Responsibilities
- Proactive Debt Recovery: Manage the production and distribution of monthly Aged Debt Reports for multiple syndicates, directly chasing premiums to ensure healthy cash flow.
- Act as the primary finance contact for internal underwriting divisions, providing data-driven updates and managing stakeholder relationships with a service-oriented mindset.
- Investigate "Written vs. Signed" discrepancies and manage the full lifecycle of premiums, instalments, and adjustment premiums (AP/RP).
- Utilize Lloyd's market tools, specifically IMR and Account Inquiry, to trace slips, endorsements, and payment histories.
- Resolve complex broker queries with a "right-first-time" approach, ensuring all communication is concise, clear, and backed by accurate data.
Experience Required
- Proven experience in a Syndicate Credit Control function is essential.
- Technical Literacy: A must-have ability to read and interpret insurance slips and endorsements, including complex premium calculations and terms of trade.
- System Savvy: Hands-on experience with IMR (Information Management Repository) and Account Inquiry is a mandatory requirement.
- Analytical Rigor: A proven ability to manage high-volume data and reconcile written vs. paid positions across various classes of business.
Credit Controller in London employer: HFG Insurance Recruitment
Join a dynamic and supportive team as a Credit Controller in the heart of the Lloyd's Market, where your expertise will be valued and your contributions recognised. Our hybrid work model promotes a healthy work-life balance, while our commitment to employee development ensures you have ample opportunities for growth and advancement. With a culture that prioritises collaboration and innovation, you'll thrive in an environment that encourages you to take ownership and make a real impact.
StudySmarter Expert Advice🤫
We think this is how you could land Credit Controller in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the Lloyd's Market and let them know you're on the hunt for a Credit Controller role. You never know who might have the inside scoop on openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by brushing up on your technical knowledge. Make sure you can confidently discuss complex premium calculations and how you've tackled debt recovery in the past. We want you to shine when it comes to showcasing your expertise!
✨Tip Number 3
Don’t forget to leverage our website for job applications! It’s super easy to apply directly through us, and we often have exclusive listings that you won’t find elsewhere. Plus, it shows you’re serious about joining our team.
✨Tip Number 4
Follow up after interviews with a thank-you note. It’s a simple gesture that can set you apart from other candidates. Remind them of your key skills and how you can contribute to their team, especially in managing those complex queries!
We think you need these skills to ace Credit Controller in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV speaks directly to the Credit Controller role. Highlight your experience in the Lloyd's Market and any relevant technical skills. We want to see how you can bring value to our team!
Showcase Your Skills:Don’t just list your responsibilities; show us what you've achieved! Use specific examples of how you've managed debt recovery or resolved complex queries. This is your chance to shine!
Be Clear and Concise:When writing your cover letter, keep it straightforward. We appreciate clear communication, so make sure your points are easy to understand and backed by data where possible.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates from us!
How to prepare for a job interview at HFG Insurance Recruitment
✨Know Your Stuff
Make sure you brush up on your knowledge of the Lloyd's Market and the specific responsibilities of a Credit Controller. Familiarise yourself with terms like 'Aged Debt Reports' and 'premium calculations' so you can speak confidently about them during the interview.
✨Showcase Your Technical Skills
Be prepared to discuss your experience with IMR and Account Inquiry. Bring examples of how you've used these tools in past roles, especially when resolving complex queries or managing debt recovery. This will demonstrate your technical literacy and system savvy.
✨Prepare for Scenario Questions
Expect questions that ask you to solve hypothetical problems related to debt recovery or discrepancies. Think through your approach to resolving issues like 'Written vs. Signed' discrepancies, and be ready to explain your thought process clearly and concisely.
✨Build Rapport with Stakeholders
Since you'll be acting as the primary finance contact for underwriting divisions, think about how you can demonstrate your service-oriented mindset. Prepare examples of how you've successfully managed stakeholder relationships in the past, focusing on communication and collaboration.
