At a Glance
- Tasks: Manage premium debt and build relationships with brokers and coverholders.
- Company: Leading London Market insurance organisation with a strong reputation.
- Benefits: Competitive salary, career growth, and exposure to diverse portfolios.
- Other info: Join a respected team and make a real impact in the insurance market.
- Why this job: Take ownership of credit control and drive process improvements in a dynamic environment.
- Qualifications: Experience in DUA Credit Control and strong analytical skills required.
The predicted salary is between 63000 - 77000 £ per year.
A leading London Market insurance organisation is looking to appoint a
Senior DUA Credit Control Analyst to join its finance team.
This is a fantastic opportunity for an experienced delegated authority professional to take ownership of premium debt management, broker and coverholder relationships, bordereaux reconciliations, and credit control reporting across a diverse portfolio of delegated authority business.
Key Responsibilities
- Manage and oversee delegated authority premium debt across multiple portfolios.
- Proactively monitor and chase overdue balances with brokers, coverholders and other market counterparties.
- Reconcile written, signed and settled premium bordereaux, identifying variances, discrepancies and allocation issues.
- Investigate outstanding declarations and payment differences, ensuring timely resolution.
- Produce and present regular KPI and performance reporting to senior stakeholders and committees.
- Maintain accurate credit control process documentation and support audit requirements.
- Build strong relationships with underwriting, finance, brokers and coverholders.
- Identify trends, recurring issues and opportunities for process improvements.
- Contribute to the ongoing enhancement of controls, reporting and operational efficiencies.
About You
- Proven experience within
DUA / Delegated Authority Credit Control in the London Insurance Market.
- Strong knowledge of binders, coverholders, bordereaux, lineslips and consortium business .
- Excellent understanding of premium collections, reconciliations and aged debt management.
- Strong analytical skills with the ability to interpret large volumes of premium and financial data.
- Advanced Excel skills, including Pivot Tables, Lookups and data analysis.
- Comfortable working with both internal and external stakeholders.
- Highly organised, proactive and able to manage competing priorities effectively.
Why Apply?
- Join a well-established and respected London Market insurer.
- Play a key role within a specialist delegated authority function.
- Broad stakeholder exposure across underwriting, finance and operations.
- Opportunity to drive process improvements and add real value to the business.
- #J-18808-Ljbffr
Senior DUA Credit Control Analyst employer: JSS
JSS is an exceptional employer that fosters a dynamic work culture, encouraging collaboration and innovation in the heart of the UK near Bristol. Employees benefit from comprehensive growth opportunities, competitive compensation, and the chance to influence strategic decisions in a pivotal role that shapes the future of hospitality revenue management. Join us to be part of a forward-thinking team dedicated to excellence and professional development.
StudySmarter Expert Advice🤫
We think this is how you could land Senior DUA Credit Control Analyst
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like JSS. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Senior DUA Credit Control Analyst
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to JSS.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on JSS's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at JSS
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with JSS.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at JSS will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former JSS employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
