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- Tasks: Manage aged debt and cash control for a leading Lloyd’s syndicate.
- Company: Join a top-tier Lloyd’s syndicate business with a global presence.
- Benefits: Enjoy flexible working options and a collaborative team environment.
- Why this job: Gain valuable experience in credit control while building international relationships.
- Qualifications: Credit control experience in insurance is essential; knowledge of Xchanging systems is a plus.
- Other info: Opportunity to work closely with Underwriters and attend weekly strategy meetings.
The predicted salary is between 36000 - 60000 £ per year.
Syndicate Credit Controller required by a leading Lloyd’s syndicate business. The successful candidate will be responsible for managing and facilitating aged debt for the group companies as well as cash and credit control for the overseas syndicate branch.
Working closely with and reporting to the syndicate credit control manager, you will cooperate with international colleagues to facilitate the aged debt. Build and maintain good working relationships with Brokers and colleagues. Keep the Underwriting teams and credit control manager appraised of outstanding collections. Attend weekly meetings with Underwriters. Arrange meetings with more problematic brokers. Assist Syndicate Credit Control Manager with ad hoc tasks when required.
The successful candidate will have gained credit control experience within the insurance industry; an understanding of Xchanging systems/Subscribe would be an advantage.
Syndicate Credit Controller employer: IPS Group
Contact Detail:
IPS Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Syndicate Credit Controller
✨Tip Number 1
Familiarise yourself with the Lloyd’s syndicate business model and the specific challenges it faces. Understanding the nuances of aged debt management in this context will help you stand out during discussions.
✨Tip Number 2
Network with professionals already working in credit control within the insurance industry. Attend relevant events or join online forums to gain insights and potentially get referrals that could lead to your application being noticed.
✨Tip Number 3
Brush up on your knowledge of Xchanging systems and Subscribe, as these are mentioned as advantageous. Consider taking a short course or finding online resources to enhance your understanding before applying.
✨Tip Number 4
Prepare for potential interviews by practising how to articulate your experience in managing aged debt and your ability to build relationships with brokers. Be ready to discuss specific examples that demonstrate your skills in these areas.
We think you need these skills to ace Syndicate Credit Controller
Some tips for your application 🫡
Understand the Role: Read the job description carefully to understand the responsibilities and requirements of the Syndicate Credit Controller position. Tailor your application to highlight relevant experience in credit control, particularly within the insurance industry.
Highlight Relevant Experience: In your CV and cover letter, emphasise your previous credit control experience, especially any roles that involved managing aged debt or working with brokers. Mention any familiarity with Xchanging systems or Subscribe, as this could set you apart.
Showcase Communication Skills: Since the role involves building relationships with brokers and colleagues, make sure to demonstrate your strong communication skills in your application. Provide examples of how you've successfully collaborated with teams or managed client relationships in the past.
Proofread Your Application: Before submitting your application, take the time to proofread your CV and cover letter. Check for any spelling or grammatical errors, and ensure that your documents are well-structured and easy to read. A polished application reflects your attention to detail.
How to prepare for a job interview at IPS Group
✨Show Your Credit Control Experience
Make sure to highlight your previous experience in credit control, especially within the insurance industry. Be prepared to discuss specific examples of how you've managed aged debt and improved cash flow.
✨Familiarise Yourself with Xchanging Systems
If you have experience with Xchanging systems or Subscribe, be ready to talk about it. If not, do a bit of research beforehand so you can demonstrate your willingness to learn and adapt.
✨Emphasise Relationship Building Skills
Since the role involves working closely with brokers and colleagues, be prepared to discuss how you've built and maintained professional relationships in the past. Share examples that showcase your communication and interpersonal skills.
✨Prepare for Team Collaboration Questions
Expect questions about teamwork, especially regarding your interactions with underwriting teams and international colleagues. Think of instances where you've successfully collaborated to resolve issues or improve processes.
