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For Companies At a Glance
- Tasks: Chase clients for insurance premiums and manage aged debt reports.
- Company: Leading Underwriter in the heart of London with a dynamic team.
- Benefits: Flexible 3-day office work, competitive salary, and career growth.
- Why this job: Join a vibrant team and make a real impact in the insurance sector.
- Qualifications: Minimum 3 years of experience in London Market Insurance required.
- Other info: Collaborative environment with opportunities to resolve queries and improve processes.
Our client a leading Underwriter baesd in the City of London are seeking a Credit Controller to work with Underwriters and Insurance Brokers….
Scroll down to find the complete details of the job offer, including experience required and associated duties and tasks.
The role
* Chasing Brokers / Clients for funds due on insurance premiums
* Reporting – aged debt, Statement of accounts, adhoc reports (reports for brokers, underwriters and other departments within the wider business).
* Use autorek to cash matching funds received for premiums
* Meeting with Underwriters & brokers & Head of Credit Control to resolve queries (internally & Externally)
* Resolving queries raised by the business and other departments
* Ensuring an effective process is developed and maintained for return and adjustable premiums
* Ensuring the correct and timely payment of funds from the IBA account
* Ensuring that unallocated cash is minimised
* Ensuring that debt is minimised by taking a risk-based approach, identifying, reporting on, and managing doubtful or bad debts at the earliest opportunity
* Ensuring up to date procedures and documentation
* Assisting the Credit Control Manager with Adhoc tasks.
Please ONLY apply for the role if you London Market Insurance experience and have a minimum of 3 years Insurance expereince
3 days a week in the office in the City is expected
Credit Controller - Insurance Exp Min 3 years - City 3 days a week employer: Michael James Associates
Contact Detail:
Michael James Associates Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Credit Controller - Insurance Exp Min 3 years - City 3 days a week
✨Tip Number 1
Network like a pro! Reach out to your connections in the insurance industry, especially those who work with underwriters and brokers. A friendly chat can lead to insider info about job openings that aren't even advertised yet.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of cash matching and debt management. We want you to show off your expertise in handling queries and minimising unallocated cash. Practice common interview questions related to these areas!
✨Tip Number 3
Don’t forget to follow up after interviews! A quick thank-you email can keep you fresh in their minds. Mention something specific from your conversation to show you were engaged and are genuinely interested in the role.
✨Tip Number 4
Apply through our website for the best chance at landing that Credit Controller role. We’ve got all the resources you need to make your application stand out, so don’t miss out on this opportunity!
We think you need these skills to ace Credit Controller - Insurance Exp Min 3 years - City 3 days a week
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in the London Market Insurance sector. We want to see how your skills align with the role of a Credit Controller, so don’t be shy about showcasing your relevant achievements!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re the perfect fit for this role. Mention your experience with chasing payments and resolving queries, as these are key aspects of the job.
Showcase Your Reporting Skills: Since reporting is a big part of the role, make sure to mention any experience you have with generating reports, especially related to aged debt or statements of accounts. We love numbers, so let us know how you’ve used them to drive results!
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 regarding your application status!
How to prepare for a job interview at Michael James Associates
✨Know Your Insurance Stuff
Make sure you brush up on your knowledge of the London Market and insurance processes. Be ready to discuss your experience with credit control, especially how you've chased payments and resolved queries in past roles.
✨Prepare for Specific Scenarios
Think about specific situations where you've successfully managed debt or resolved issues with brokers and underwriters. Prepare to share these examples during the interview to demonstrate your problem-solving skills.
✨Familiarise Yourself with Autorek
Since you'll be using Autorek for cash matching, it’s a good idea to familiarise yourself with its functionalities. If you have experience with similar software, be prepared to discuss that too!
✨Show Your Team Spirit
This role involves working closely with various departments, so highlight your teamwork skills. Be ready to talk about how you've collaborated with others to ensure timely payments and effective processes in your previous jobs.
