Credit Controller - Part-time FTC

  • Location

    City of London, London

  • Sector:

    General Insurance

  • Job type:

    Contract

  • Salary:

    £40000.00 - £45000.00 per annum + Pro rata

  • Contact:

    Teri Mortier

  • Contact email:

    tmortier@mbfitzgerald.co.uk

  • Job ref:

    BBBH2876_1618328746

  • Published:

    28 days ago

  • Duration:

    6 months

  • Expiry date:

    2021-05-13

  • Startdate:

    ASAP

  • Consultant:

    Teri Mortier

Role: Credit Control Technician (part-time 2 days 6 month FTC)

A great opportunity for an insurance credit controller looking for a part-time role for 14 hours per week for 6 months to assist Credit control functions for this Lloyd's Syndicate

Purpose:

To assist in delivery of credit control process, ensure data is complete, timely and accurate and provide management information to committees and senior management.

Responsibilities

  • Monitor and manage credit control for open market business
  • Coordinate efforts across the syndicate to ensure accurate data and prompt chasing of overdue premium
  • Maintain records of correspondence with brokers, underwriters and DXC, on significant issues
  • Oversight of LPSO allocations within required timeframe and for month end process
  • Trace and/or escalate transactions within DXC and be aware of service backlogs/issues
  • Investigate and resolve referred issues (signed line, Profit Commission, FX, tax and deductions etc)
  • Ensure issues with premium payment are escalated and addressed appropriately
  • identify and help process any Bad Debt
  • recommend and manage Notice of Cancellation according to contract terms and conditions and credit control procedure
  • Prioritise and oversee data exercises e.g. >6months overdue
  • Report on aged debt and trends across the portfolio by Class of Business, broker etc
  • Help to enhance and improve current reports
  • Participate in cross-team projects including system development, data projects and process enhancement
  • Assist with User Acceptance Testing of systems and reports
  • Assist with management of shared Outlook inboxes - responding, resolving issues and referring to others as appropriate

Reporting & Operational Requirements

  • Provide accurate management information to underwriting teams, senior management and committees
  • Liaise with underwriting teams to improve data quality
  • Assist in producing ad hoc reports and presentations

Relationship Management

  • Provide a professional service to underwriters and brokers in person, in writing, by email and telephone
  • Establish contacts at DXC (Xchanging) and brokers to aide more efficient credit control
  • Maintain and develop key relationships and respond to communication in a timely fashion

General Requirements

  • Identify and report problems within the underwriting system and assist with solution design
  • Undertake any other reasonable duties as may be requested by staff
  • Comply with Syndicate policies, procedures and regulations relevant to your role
  • Carry out additional responsibilities as defined through your objectives
  • Uphold the principal of Treating Customers Fairly.