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- Tasks: Manage credit control tasks in the London insurance market, ensuring smooth communication with brokers and underwriters.
- Company: Join a growing insurance group based in the City, dedicated to diversity and inclusion.
- Benefits: Enjoy a dynamic work environment with opportunities for professional growth and development.
- Why this job: Be part of a team that values your input and helps you develop essential industry skills.
- Qualifications: Experience in credit control within the insurance sector is a must; knowledge of specific classes is a plus.
- Other info: Engage in meetings across business units to tackle credit control challenges head-on.
The predicted salary is between 43200 - 72000 £ per year.
Our client is a growing insurance group based in the City. The successful candidate will have Credit Control experience gained the London insurance market, knowledge of Property, Cargo, or Aviation class of business, and someone who can read/understand slips, closings, and endorsements. There will be day to day communication with Brokers externally and Underwriters internally. Key responsibilities will include preparing and issuing monthly broker statement of accounts, allocating funds received and requesting closings and slips from Brokers, pursuing debtors frequently by telephone, email, and Teams to secure payment, identifying and escalating NOC from aged debt, being responsible for engaging and chairing meetings with each business unit to address any credit control issues, providing oversight to existing processes, analysing inconsistencies and recording errors in booked premium, and resolving unallocated cash. *Our client is committed to diversity in all of its forms and operates an inclusive recruitment process. …
Senior Credit Controller Insurance employer: Insight Recruitment Solutions Limited
Contact Detail:
Insight Recruitment Solutions Limited Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Credit Controller Insurance
✨Tip Number 1
Make sure to network within the London insurance market. Attend industry events, join relevant LinkedIn groups, and connect with professionals who work in credit control or related fields. This can help you gain insights and potentially get referrals.
✨Tip Number 2
Familiarize yourself with the specific classes of business mentioned in the job description, such as Property, Cargo, and Aviation. Understanding these areas will not only boost your confidence but also demonstrate your commitment and knowledge during interviews.
✨Tip Number 3
Practice your communication skills, especially in a professional context. Since the role involves frequent communication with Brokers and Underwriters, being articulate and clear in your discussions will be crucial for success.
✨Tip Number 4
Prepare to discuss your experience with credit control processes and how you've handled similar responsibilities in the past. Be ready to provide examples of how you've resolved issues or improved processes, as this will showcase your problem-solving abilities.
We think you need these skills to ace Senior Credit Controller Insurance
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your Credit Control experience specifically within the London insurance market. Include relevant classes of business like Property, Cargo, or Aviation to demonstrate your expertise.
Craft a Strong Cover Letter: In your cover letter, emphasize your ability to read and understand slips, closings, and endorsements. Mention your communication skills with Brokers and Underwriters, as this is crucial for the role.
Showcase Relevant Skills: Highlight your experience in preparing monthly broker statements, allocating funds, and pursuing debtors. Use specific examples to illustrate how you've successfully managed these tasks in previous roles.
Demonstrate Problem-Solving Abilities: Discuss any instances where you identified and escalated issues related to aged debt or inconsistencies in booked premium. This will show your proactive approach and analytical skills.
How to prepare for a job interview at Insight Recruitment Solutions Limited
✨Show Your Credit Control Expertise
Make sure to highlight your experience in credit control, especially within the London insurance market. Be prepared to discuss specific examples of how you've managed accounts and resolved issues in the past.
✨Demonstrate Industry Knowledge
Familiarize yourself with the Property, Cargo, and Aviation classes of business. During the interview, be ready to discuss how your knowledge of these areas can benefit the company and improve their credit control processes.
✨Communicate Effectively
Since the role involves frequent communication with Brokers and Underwriters, practice articulating your thoughts clearly. Use examples from your previous roles to demonstrate your ability to engage effectively with different stakeholders.
✨Prepare for Problem-Solving Questions
Expect questions that assess your problem-solving skills, particularly regarding aged debt and unallocated cash. Think of scenarios where you successfully identified issues and implemented solutions, and be ready to share those experiences.
