Syndicate Credit Controller
Syndicate Credit Controller

Syndicate Credit Controller

London Full-Time 36000 - 60000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Manage aged debt and cash receipts for a Lloyds Syndicate.
  • Company: Join a leading insurance client in London with global branches.
  • Benefits: Enjoy a permanent role with opportunities to work internationally.
  • Why this job: Build relationships across teams while enhancing your credit control skills.
  • Qualifications: Experience in insurance, broking, or underwriting is essential.
  • Other info: Familiarity with 'Xchanging' system is a must.

The predicted salary is between 36000 - 60000 £ per year.

I am currently partnered with a large Speciality Insurance provider on their search for a Syndicate Credit Controller, the purpose of the role will focus on managing and facilitating aged debt for the business alongside being responsible for the cash receipts and Credit Control of a new overseas branch.

The Role

  • Work with overseas colleagues to facilitate with aged debt
  • Ensure all policies and procedures are adhered to
  • Build and maintain good working relationships with brokers and colleagues
  • Attend weekly meetings with Underwriters
  • Assist the Syndicate Credit Control Manager with ad hoc tasks when required
  • The Person

  • Experience working with Speciality Insurance
  • Proven & previous Credit Control experience
  • Preparation/Understanding of aged debtors/credit reporters
  • Previous use of Xchanging/DXC systems is required
  • There is no sponsorship available for this opportunity, applicants requiring sponsorship will not be considered.

    Syndicate Credit Controller employer: Oliver James

    As a leading player in the insurance sector, our client offers a dynamic work environment in London that fosters collaboration and professional growth. Employees benefit from a supportive culture that values innovation and teamwork, alongside opportunities for career advancement within a global network spanning locations like Singapore and Hong Kong. Joining this team means being part of a prestigious Lloyds Syndicate, where your contributions directly impact the success of the business.
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    Contact Detail:

    Oliver James Recruiting Team

    StudySmarter Expert Advice 🤫

    We think this is how you could land Syndicate Credit Controller

    ✨Tip Number 1

    Familiarise yourself with the Lloyds Syndicate structure and operations. Understanding how syndicates function will give you a significant edge during interviews, as it shows your commitment to the role and industry.

    ✨Tip Number 2

    Network with professionals in the insurance and broking sectors, especially those who have experience with credit control. Engaging with industry contacts can provide valuable insights and potentially lead to referrals.

    ✨Tip Number 3

    Brush up on your knowledge of the 'Xchanging' system, as this is a non-negotiable requirement for the role. Consider seeking out online tutorials or forums where you can learn more about its functionalities.

    ✨Tip Number 4

    Prepare to discuss your experience with aged debtors and creditors reports in detail. Be ready to share specific examples of how you've managed these processes in previous roles, as this will demonstrate your expertise.

    We think you need these skills to ace Syndicate Credit Controller

    Credit Control Expertise
    Understanding of Lloyds Syndicate Operations
    Aged Debtors/Creditors Reporting
    Experience with Xchanging System
    Strong Analytical Skills
    Attention to Detail
    Relationship Management
    Communication Skills
    Problem-Solving Skills
    Knowledge of Insurance and Underwriting Processes
    Cash Receipts Administration
    Team Collaboration
    Adaptability in a Multinational Environment

    Some tips for your application 🫡

    Understand the Role: Before applying, make sure you fully understand the responsibilities of a Syndicate Credit Controller. Familiarise yourself with how a Lloyds Syndicate operates and the specific duties mentioned in the job description.

    Tailor Your CV: Highlight your experience in insurance, broking, or underwriting businesses. Make sure to emphasise your understanding of credit control and any relevant experience with aged debtors/creditors reports. Don't forget to mention your familiarity with the 'Xchanging' system, as this is a non-negotiable requirement.

    Craft a Strong Cover Letter: Write a cover letter that showcases your skills and experiences relevant to the role. Explain why you are a good fit for the position and how your background aligns with the company's needs. Be sure to express your enthusiasm for working with their teams across different locations.

    Proofread Your Application: Before submitting your application, carefully proofread your CV and cover letter. Check for any spelling or grammatical errors, and ensure that all information is accurate and up-to-date. A polished application reflects your attention to detail and professionalism.

    How to prepare for a job interview at Oliver James

    ✨Understand the Syndicate Structure

    Make sure you have a solid grasp of how a Lloyds Syndicate operates. Familiarise yourself with its key components and processes, as this knowledge will be crucial in demonstrating your suitability for the role.

    ✨Showcase Your Credit Control Experience

    Prepare to discuss your previous experience in credit control, particularly within the insurance or broking sectors. Be ready to provide specific examples of how you've managed aged debt and adhered to policies and procedures.

    ✨Highlight Your Xchanging Knowledge

    Since experience with the Xchanging system is non-negotiable, ensure you can confidently discuss your familiarity with it. Be prepared to explain how you've used it in past roles and how it has contributed to your success in credit control.

    ✨Build Rapport with Interviewers

    Given that you'll be working with various teams across different locations, focus on building rapport during the interview. Show your interpersonal skills and ability to maintain relationships with brokers and colleagues, as this will be key to your success in the role.

    Syndicate Credit Controller
    Oliver James
    Location: London
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    • Syndicate Credit Controller

      London
      Full-Time
      36000 - 60000 £ / year (est.)
    • O

      Oliver James

      50-100
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