At a Glance
- Tasks: Manage insurer accounts, ensuring timely payments and accurate reconciliations.
- Company: Join Marsh McLennan, a global leader in risk and insurance.
- Benefits: Enjoy hybrid work, professional development, and a vibrant culture.
- Other info: Collaborative team environment with excellent career growth opportunities.
- Why this job: Make an impact in the insurance sector while developing your career.
- Qualifications: 1+ years of credit control experience and strong Excel skills.
The predicted salary is between 27450 - 33550 £ per year.
We are seeking a talented individual to join our Fiduciary team at Marsh. This role will be based in our Norwich office and is a hybrid position, with a requirement to work at least three days per week in the office.
In this role, you will be responsible for the management of insurer accounts, ensuring the prompt payment of premiums, timely collection of claims funds, and accurate reconciliation of accounts. You will work closely with a variety of internal and external stakeholders, helping to resolve queries, investigate billing issues, and maintain excellent financial controls across the business.
The Fiduciary Credit Controller position is ideal for someone with previous credit control experience who is looking to develop their career within a global, market-leading insurance broker.
We will count on you to:
- Manage insurer accounts, ensuring premiums are paid accurately and on time.
- Monitor and collect outstanding claims funds, ensuring timely receipt and allocation of cash.
- Perform regular reconciliations to maintain the accuracy and integrity of fiduciary records.
- Investigate and resolve billing discrepancies, conducting detailed analysis to identify root causes and deliver effective solutions.
- Handle queries from internal and external stakeholders, providing a high level of service and support.
- Build and maintain strong working relationships with insurers, brokers, and colleagues across the business.
- Attend and actively contribute to meetings both face-to-face and virtually.
- Monitor aged debt and outstanding balances, taking action to minimise risk and resolve issues promptly.
- Support continuous improvement initiatives and utilise technology, including AI tools, to drive efficiency and accuracy within the function.
- Ensure all activities are carried out in line with internal controls, regulatory requirements, and fiduciary procedures.
What you need to have:
- A minimum of 1 year's Credit Control experience.
- Strong organisational skills with the ability to manage multiple tasks and competing priorities.
- Intermediate Microsoft Excel skills.
- Excellent communication skills with the confidence to engage with a range of stakeholders.
- Strong attention to detail and the ability to investigate and resolve complex account queries.
- Experience working with Microsoft Office applications and other business systems.
- A proactive and solution-focused approach to problem-solving.
- Confidence using technology and a willingness to embrace AI-enabled tools and processes.
What makes you stand out:
- Previous experience within the insurance, broker, financial services, or fiduciary sector.
- Experience working with insurer accounts, reconciliations, or premium and claims processing.
- Strong analytical skills with the ability to identify trends and investigate account discrepancies.
- An interest in process improvement and leveraging technology to enhance performance.
- The ability to build strong working relationships across a variety of teams and stakeholders.
- A collaborative and customer-focused approach.
Why join our team:
- We help you be your best through professional development opportunities, interesting work, and supportive leaders.
- We foster a vibrant and inclusive culture where you can work with talented colleagues to create new solutions and have impact for colleagues, clients, and communities.
- Our scale enables us to provide a range of career opportunities, as well as benefits and rewards to enhance your well-being.
- You'll join a collaborative team of nine professionals responsible for managing insurer accounts and fiduciary controls, offering excellent exposure to a key area of the insurance business.
Marsh is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age background, civil partnership status, disability, ethnic origin, family duties, gender orientation or expression, gender reassignment, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, or any other characteristic protected by applicable law. We are an equal opportunities employer.
Marsh is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office. All Marsh colleagues are expected to be in their local office or working onsite with clients at least three days per week.
Fiduciary Credit Controller in Norwich employer: Marsh & McLennan Companies
Lippincott is an exceptional employer that fosters a collaborative and innovative work culture, where consultants are empowered to tackle complex brand challenges alongside a passionate team. Located in London, employees benefit from a vibrant city atmosphere, ample opportunities for professional growth, and mentorship from experienced leaders, all while contributing to the development of world-class brands. With a commitment to inclusion and a focus on personal and collective success, Lippincott offers a rewarding environment for those seeking meaningful and impactful careers.
Contact Details:
Marsh & McLennan Companies Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Fiduciary Credit Controller in Norwich
✨Tap into Campus Networks
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Don’t shy away from reaching out directly to firms like Marsh & McLennan Companies. 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 Fiduciary Credit Controller in Norwich
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 Marsh & McLennan Companies.
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How to prepare for a job interview at Marsh & McLennan Companies
✨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 Marsh & McLennan Companies.
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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.
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Since this is a full-time position, employers at Marsh & McLennan Companies 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 Marsh & McLennan Companies 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.