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For Companies At a Glance
- Tasks: Manage credit control tasks and liaise with various stakeholders to expedite payments.
- Company: Join a leading insurance underwriter with a strong market reputation.
- Benefits: Competitive salary, opportunities for growth, and involvement in innovative projects.
- Why this job: Be part of a dynamic team and make a real impact on financial operations.
- Qualifications: Degree in Accounting and a passion for finance.
- Other info: Exciting opportunities for process improvement and career advancement.
The predicted salary is between 26000 - 29000 £ per year.
Our client is a global financial markets trading company and a small exchange‑based trading and broking firm. We are looking for a graduate with a Degree in Accounting.
Position details:
- Salary: £26,000 – £29,000 per annum
- Type: Permanent
- Location: London
- Date posted: 13 Nov 2023
- Reference: BT764
This leading insurance underwriter has an excellent market reputation and is continuing to expand. The company is looking for a new staff member to assist in providing a robust and scalable Credit Control service, expediting cash allocation and debt collection while liaising with brokers, underwriters, treasury, international offices and outsourced service providers.
As a growing company and a relatively new team there are opportunities to be involved in various operational initiatives, including process improvement, data quality and automation projects.
Main Duties
- Under the guidance of the Credit Control Manager, administer credit control tasks.
- Liaise with brokers, underwriters, treasury, international offices and outsourced providers in the settlement of bureau and non‑bureau premium payments.
- Raise inter‑company transfers and outgoing payments.
- Contribute to meeting KPIs in terms of reducing aged debt and unallocated cash within the Group.
- Assist in the production of reports for the Operations Committee and Credit Risk Committee.
- Be involved with continuous improvement initiatives to reduce aged debt, unallocated cash and premium queries.
- Attend training sessions and other meetings, as and when required.
- Assist with and undertake tasks as defined by the Credit Control Manager.
Insurance Credit Control employer: Taylor James Resourcing
Contact Detail:
Taylor James Resourcing Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Insurance Credit Control
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and its culture. Understand their values and how your skills align with their needs. This will help you stand out and show that you're genuinely interested in the role.
✨Tip Number 3
Practice your interview skills with friends or family. Get comfortable answering common questions and discussing your experience. The more you practice, the more confident you'll feel when it’s time to shine.
✨Tip Number 4
Don’t forget to apply through our website! We’ve got loads of opportunities waiting for you, and applying directly can sometimes give you an edge. Plus, we love seeing familiar faces!
We think you need these skills to ace Insurance Credit Control
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the role of Senior Credit Controller. Highlight your degree in Accounting and any relevant experience you have in credit control or finance. We want to see how your skills match what we're looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how you can contribute to our team. Be sure to mention your interest in process improvement and automation projects, as these are key areas for us.
Showcase Your Communication Skills: Since you'll be liaising with various stakeholders like brokers and underwriters, it's important to demonstrate your communication skills. In your application, give examples of how you've effectively communicated in past roles or projects.
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It helps us keep track of your application and ensures you don’t miss out on any updates. Plus, it shows you're keen on joining our team!
How to prepare for a job interview at Taylor James Resourcing
✨Know Your Numbers
Brush up on your accounting knowledge, especially around credit control and cash allocation. Be ready to discuss how you would handle aged debt and unallocated cash, as these are key areas for the role.
✨Research the Company
Familiarise yourself with the insurance underwriter's market reputation and recent developments. Understanding their operational initiatives will help you demonstrate your interest and show how you can contribute to their goals.
✨Prepare for Scenario Questions
Think of examples from your studies or previous work where you've successfully managed financial tasks or improved processes. Be ready to explain your thought process and the outcomes, as this will showcase your problem-solving skills.
✨Ask Insightful Questions
Prepare questions that reflect your understanding of the role and the company’s objectives. Inquire about their approach to continuous improvement initiatives and how you can be involved in those projects, showing your eagerness to contribute.
