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For Companies At a Glance
- Tasks: Manage accounts, chase payments, and ensure financial accuracy.
- Company: Join a leading independent (re)insurance broking firm with a global presence.
- Benefits: Enjoy a competitive salary, generous pension, private medical insurance, and 25+ days annual leave.
- Why this job: Be part of a diverse team that values collaboration and innovation in finance.
- Qualifications: GCSE Maths and English, A Levels preferred, and experience in Credit Control.
- Other info: Miller promotes an inclusive environment where everyone can thrive.
The predicted salary is between 28800 - 43200 £ per year.
London Financial Institutions Credit, surety & political risks
About us
Headquartered in London, we operate internationally and at Lloyd’s. With a global team of over 1000 people and 10 international offices, we’re able to advise from Brussels to Bermuda. As an independent (re)insurance broking firm we work with intermediaries, direct insureds and reinsurers. For over 120 years we’ve been industry leaders in a variety of specialist areas.
Working here
A career with us means the freedom to flourish. Whether you’re beginning your journey or ready to make your next move you’ll find a team of talented, inspirational people who care about their work and each other. What really sets us apart is our people. We’re a diverse range of passionate advocates for doing things differently. We work together as one team, and our aim is always the outcome that will benefit everyone.
What you’ll do
- To ensure that designated accounts are correctly maintained within laid down procedures.
- The Finance team is responsible for Miller’s financial accounting, management accounting, accounts payable, tax affairs, treasury function and credit control, ensuring that both Miller’s and clients’ money, assets, investments and cash are adequately protected.
- Monitor and chase premium subject to automatic cancellation payment warranty to ensure that funds are collected on time or escalated to the relevant Business Unit as appropriate.
- Monitor assigned Client & Underwriter ledgers to ensure premium subject to automatic payment warranty is paid away in line with payment terms.
- Monitor incoming cash daily and allocate.
- Query unallocated cash balances and elevate, where necessary, to ensure resolved or returned to payee within 90 days.
- Monitor assigned ledgers, chase debt and ensure aged balances are escalated in accordance with Credit Control procedures.
- Provide commentary on monthly Credit Control reports.
- Monitor assigned ledgers and ensure credit balances are paid out within one month of receipt.
- Maintain accurate FLEX files and ensure documents are labelled in accordance with Credit Control guidelines.
- Arrange and attend internal and external meetings to discuss Credit Control issues.
- Handle cash allocations, ensuring unresolved items are queried with Business Units.
- Adhere to and meet fully the expectations of Miller, as set out in its policies and procedures, training material, and embedded in its systems and controls.
- Comply with any external rules and requirements imposed on individuals performing their role at Miller, such as Lloyd’s byelaws and FCA rules.
- Promote Miller brand and values to enhance Miller’s reputation in the market.
Qualifications
- GCSE Maths and English at grade C or above (or equivalent).
- A Levels (or equivalent).
Knowledge
- Have a good level of proficiency in computer systems, including Microsoft Word, Excel, and Outlook.
Experience
- Insurance experience preferred, brokerage experience ideal.
- Previous experience in a Credit Control / IBA Technical / Assistant role essential.
- Experience in preparing and maintaining accurate and precise accounting records and reports.
On top of a competitive salary we offer a fantastic benefits package including:
- 10% pension contribution from Miller. In addition, Miller will match any employee contributions up to 5%.
- Private Medical Insurance.
- Minimum of 25 days annual leave (with flexibility to buy more).
- Life Assurance.
- Income Protection.
- Critical Illness cover.
- Enhanced Maternity, Paternity Adoption and Shared Parental Leave.
Miller is committed to providing equal opportunities to all applicants and to creating an inclusive working environment for all. To foster greater diversity, we need an inclusive, open and supportive working environment where everyone is valued, respected and are able to meet their full potential. At Miller, we are committed to creating an inclusive and supportive environment for all candidates. If you require any adjustments or accommodations to support you during the application process, please don’t hesitate to let us know.
Ready to take the next step in your career? Join Miller and be part of a team where your expertise drives success.
Credit Controller - Finance in City of London employer: MILLER INSURANCE LLC
Contact Detail:
MILLER INSURANCE LLC Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Credit Controller - Finance in City of London
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance and insurance sectors. Attend industry events or webinars, and don’t be shy about introducing yourself. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for interviews by researching the company and its culture. Understand their values and how they align with yours. This will help you answer questions confidently and show that you’re genuinely interested in being part of the team.
✨Tip Number 3
Practice makes perfect! Conduct mock interviews with friends or family. Focus on common questions related to credit control and finance roles. The more comfortable you are speaking about your experience, the better you'll perform when it counts.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who take the initiative to engage directly with us. Let’s get you on board!
We think you need these skills to ace Credit Controller - Finance in City of London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Credit Controller role. Highlight relevant experience in credit control and accounting, and don’t forget to showcase your proficiency in Microsoft Excel and other systems. We want to see how your skills align with what we do!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re passionate about joining our team at Miller. Share specific examples of your past experiences that relate to the responsibilities outlined in the job description. We love a good story!
Showcase Your Attention to Detail: As a Credit Controller, attention to detail is key. In your application, make sure to demonstrate this skill. Whether it’s through your CV formatting or the accuracy of your information, we appreciate candidates who take the time to get it right.
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’re considered for the role. Plus, it shows you’re serious about joining our fantastic team!
How to prepare for a job interview at MILLER INSURANCE LLC
✨Know Your Numbers
As a Credit Controller, you'll be dealing with financial data daily. Brush up on your accounting principles and be ready to discuss how you’ve managed ledgers or handled cash allocations in previous roles. This shows you’re not just familiar with the numbers but can also apply your knowledge practically.
✨Showcase Your Tech Skills
Familiarity with systems like Microsoft Excel is crucial for this role. Prepare to demonstrate your proficiency by discussing specific functions or tools you've used in past positions. Maybe even bring examples of reports you've generated or how you've streamlined processes using technology.
✨Understand the Company Culture
Miller values teamwork and diversity, so it’s important to convey how you fit into that culture. Think about examples from your past where you collaborated effectively with others or contributed to an inclusive environment. This will help you connect with the interviewers on a personal level.
✨Prepare Questions
Interviews are a two-way street! Prepare thoughtful questions about the role, team dynamics, or company values. This not only shows your interest but also helps you gauge if Miller is the right fit for you. Ask about their approach to credit control challenges or how they support professional development.
