At a Glance
- Tasks: Chase and monitor overdue premiums while building relationships with stakeholders.
- Company: Join Starr, a global leader in commercial insurance with over a century of expertise.
- Benefits: First-class training, inclusive environment, and opportunities for career growth.
- Other info: Opportunity to develop analytical skills and work with accessible leaders.
- Why this job: Make an impact in a dynamic role within a rapidly growing company.
- Qualifications: Intermediate Excel skills and experience in London Market credit control.
The predicted salary is between 27900 - 34100 £ per year.
Join Starr, a global leader in commercial insurance with over a century of expertise.
We empower our employees to innovate, make impactful decisions, and build lasting client relationships worldwide.
At Starr, you'll work in an entrepreneurial culture alongside accessible leaders, leveraging our financial strength and vast industry experience to deliver solutions for our clients, no matter how complex.
Grow your career with a rapidly growing company that invests in its people and their ability to drive real progress.
Role Purpose
The primary focus of a credit controller at Starr is to chase, monitor and report on overdue premium owed to Starr whilst liaising with the underwriting teams to ensure maximum efforts are taken to receive settlement.
You will make use of internal and external systems to ensure terms are met by Brokers, to reduce aged debt and maximise cashflow, by adhering to Company procedures .
Weekly reports will be prepared for senior management, and relationships built with internal and external stakeholders.
Key Responsibilities
- Chase, monitor and report upon overdue premiums to the Head of Credit Control.
- Make use of X-changing systems and reporting to ensure Brokers are continuing to settle to the business in accordance with the rest of the Lloyds Market.
- Monitor Aged Debt and react to changes and trends both internally and externally.
- Build and retain relationships with external and internal stakeholders.
- Assist with and investigate any directly received cash in the bank accounts to establish allocation to policies.
- Investigate initial booking of outstanding premium ensuring correct terms and settlement data is entered, to ensure accurate reporting and chasing for settlement.
The above duties and responsibilities are not an exhaustive list, and you may be required to undertake other reasonable duties compatible with your experience and competencies.
This description may be varied from time to time to reflect changing business requirements.
Qualifications, skills and experience
Essential
- Intermediate Excel capability (v-lookups, pivot tables, ability to interpret large data sets).
- London Market credit control experience.
- Analytical and problem solving skills.
- Well organised, with the ability to work well in a team as well as individually.
Desirable
- Opportunity to develop skills in Excel capability.
- Familiarity with Power BI to analyse and present meaningful data trends.
- X-changing systems experience (Tracker, Account enquiry and IMR).
Starr is an equal opportunity employer, which means we'll consider all suitably qualified applicants regardless of gender identity or expression, ethnic origin, nationality, religion or beliefs, age, sexual orientation, disability status or any other protected characteristic.
We recruit and develop our people based on merit and we're committed to creating an inclusive environment for all employees.
We offer first class training and development opportunities to all employees.
Our aim is to grow our own talent and bring out the best in people.
Credit Controller - 12M FTC in London employer: Starr Insurance
Starr is an exceptional employer that fosters an entrepreneurial culture, empowering employees to innovate and make impactful decisions within the dynamic Aviation division. With a commitment to employee growth, we offer first-class training and development opportunities, ensuring that you can build a rewarding career while working alongside accessible leaders in the heart of the London Insurance Market.
StudySmarter Expert Advice🤫
We think this is how you could land Credit Controller - 12M FTC in London
✨Join Financial Networking Events
Jump into local finance meetups and conferences — they’re a goldmine for temporary roles in banking and financial services. You can chat with industry professionals and even get leads on upcoming opportunities that might not be posted online yet.
✨Utilise Temp Agencies Specialised in Finance
Reach out to temp agencies that focus on the banking sector. They often have strong ties with various firms and can help you secure short-term gigs that can help beef up your CV and get your foot in the door at firms like Starr Insurance.
✨Connect with Alumni from Your Uni
Don't underestimate the power of your university’s alumni network. Many former students are working in banking and can help you find temporary roles or even offer mentorship. Reach out directly or attend alumni events to broaden your circle.
✨Stay Active on Job Boards and Company Websites
Keep your eyes peeled on job boards specifically for finance roles. Companies like Starr Insurance might post temporary positions directly on their sites, so make sure to apply there too. Set alerts to catch those roles the moment they go live!
We think you need these skills to ace Credit Controller - 12M FTC in London
Some tips for your application 🫡
Show Off Your Academic Achievements:In banking and financial services, your academic record can really make you stand out. List relevant grades, certifications, or coursework on your CV, especially if you've taken finance-related modules. This is particularly important for a temporary role where qualifications can help you shine even brighter!
Highlight Relevant Experience:If you’ve done any internships, part-time roles, or even coursework that aligns with banking or finance, make sure you include those! Showcase specific tasks where you used quantitative skills or analytical thinking, as this is what the hiring managers at Starr Insurance will be keen to see in your application.
Tailor Your Cover Letter Purposefully:When writing your cover letter, focus on why you’re interested in a temporary position at Starr Insurance. Let them know how you can quickly adapt to the team's needs and how eager you are to learn the ropes of the banking sector during this short stint. Your motivation and enthusiasm could really set you apart!
Be Prepared with References:For temporary roles, references can play a crucial role in your application. Make sure you’ve got a couple of references lined up who can vouch for your skills and work ethic. This helps to give Starr Insurance confidence in your short-term commitment to the role.
How to prepare for a job interview at Starr Insurance
✨Brush Up on Financial Regulations
Since this is a role in banking and financial services, be ready to discuss key regulations like MiFID, Basel III, or GDPR. These are hot topics, and your awareness of how they impact daily operations can give you a significant edge during your interview with Starr Insurance.
✨Showcase Your Analytical Skills
Prepare for interview questions that assess your analytical abilities. You might need to tackle hypothetical scenarios involving risk assessment or financial forecasting. Bringing examples of relevant projects or coursework can emphasise your practical understanding of these concepts.
✨Highlight Flexibility and Adaptability
For a temporary role, showing that you can quickly pick up new processes and tools is crucial. Be ready to discuss previous experiences where you had to adapt to changing requirements or tight deadlines, as this will reassure Starr Insurance that you’re a reliable team player.
✨Demonstrate a Willingness to Learn
In a temporary position, leaning into your eagerness to learn can really set you apart. Be prepared to share how you’re staying updated on industry trends or any additional training you've pursued. Employers appreciate candidates who are proactive about their development—even for short-term roles.
