Job Title: Credit Controller
Duration: 12 months
Rate/Salary: £43,000-51,000 annual salary (subject to experience)
Location: London/Hybrid (2-3 days in office per week plus home working)
The Role:
- Ensure overdue/late accounts are followed up and escalated to management.
- Follow up on action points/escalations from review meetings and update Line manager.
- Analyse and review trends and provide recommendation to reduce the overdue debt in consultation with Line manager.
- Allocate cash to receivables.
- Handle and follow up on any queries from the collections operation including cash allocation.
- Allocate IPT/Taxes and follow up queries with Tax Department.
- Prepare and produce the quarterly doubtful debt provision to Line manager in line with regulatory procedures.
- Timely investigation and resolution of challenging accounts/cedants is expected.
Experience Required:
- Experience in a similar role within the Lloyd's, Insurance or Reinsurance market is essential.
- Experience of Aged Debt Reporting and analysis is essential.
- Must be fluent in Spanish, German or Italian (Spanish preferable).
- Strong Excel skills at Proficient Level (including macros) are essential for this role.
- Good understanding of Bureau systems and procedures.
- Knowledge of London Insurance and Reinsurance products would be an advantage.
- Awareness of SOX Controls is desirable but not essential.
If the above role is of interest and you fit the following criteria, please apply online for consideration. Please note that sponsorhsip cannot be offered for this role and applicants must have a notice period of 1 month or shorter. #LI-PB1