Credit Control Analyst
Description✓About us
✓Avencia Consulting are working with a leading Specialty Insurer based in the City, who are looking to hire a Credit Control Analyst to join on a 12 Month contract basis.
✓The Company currently writes lines of business including; specialty insurance: aviation & aerospace, energy, marine, property, terror & political violence, contingency and other specialty lines; reinsurance: property reinsurance, property retrocession, specialty reinsurance, whole account/multi-class and bespoke.
✓The role
✓Reporting to the Credit Control Manager, this role involves taking ownership of all Credit Control functions.
✓Key accountabilities
✓Take ownership of all Credit Control functions including aged debt and unallocated cash analysis for the respective entity and forge strong working relationships with key stakeholders.
✓Follow up overdue premiums, missing paid bordereaux and unallocated cash in accordance with the Company's Credit Control policy
✓Update the records of outstanding premium and unallocated cashes on system to show the correct procedures are followed for Audit purpose.
✓Preparation and analysis of reports covering aged debt and unallocated cash to be presented and reviewed at the monthly credit control review meetings.
✓Responsible for drafting monthly bank reconciliations for underwriting accounts covering all currencies.
✓Keep Credit Control Manager and Financial Controller fully informed of the status of any projects assigned, as well as relevant accounting-related issues that may arise from such projects.
✓Support team initiative of improving the Credit Control function by reviewing existing processes and creating efficiencies.
✓Assist with special projects as required
✓We value thought leadership, initiative and the energy to drive home improvements in everything we do
✓We therefore encourage our employees to
✓Provide input on process improvements
✓Show leadership in delivering improvements
✓Monitoring performance so that the benefits of initiatives can be demonstrated.Skills & experience
✓A minimum of 2 years' experience working as a credit controller in the insurance sector.
✓Working knowledge of the Xchanging messaging service and Insurance Premium Tax [IPT].
✓Intermediate competency in MS Office applications: Word, Outlook and Excel.
✓Excellent written and oral communication skills.
✓Strong interpersonal skills in order to work effectively and professionally with diverse groups.
✓Demonstrated ability to deliver and manage work within tight deadlines and/or while working extended workdays Show more →
✓Avencia Consulting are working with a leading Specialty Insurer based in the City, who are looking to hire a Credit Control Analyst to join on a 12 Month contract basis.
✓The Company currently writes lines of business including; specialty insurance: aviation & aerospace, energy, marine, property, terror & political violence, contingency and other specialty lines; reinsurance: property reinsurance, property retrocession, specialty reinsurance, whole account/multi-class and bespoke.
✓The role
✓Reporting to the Credit Control Manager, this role involves taking ownership of all Credit Control functions.
✓Key accountabilities
✓Take ownership of all Credit Control functions including aged debt and unallocated cash analysis for the respective entity and forge strong working relationships with key stakeholders.
✓Follow up overdue premiums, missing paid bordereaux and unallocated cash in accordance with the Company's Credit Control policy
✓Update the records of outstanding premium and unallocated cashes on system to show the correct procedures are followed for Audit purpose.
✓Preparation and analysis of reports covering aged debt and unallocated cash to be presented and reviewed at the monthly credit control review meetings.
✓Responsible for drafting monthly bank reconciliations for underwriting accounts covering all currencies.
✓Keep Credit Control Manager and Financial Controller fully informed of the status of any projects assigned, as well as relevant accounting-related issues that may arise from such projects.
✓Support team initiative of improving the Credit Control function by reviewing existing processes and creating efficiencies.
✓Assist with special projects as required
✓We value thought leadership, initiative and the energy to drive home improvements in everything we do
✓We therefore encourage our employees to
✓Provide input on process improvements
✓Show leadership in delivering improvements
✓Monitoring performance so that the benefits of initiatives can be demonstrated.Skills & experience
✓A minimum of 2 years' experience working as a credit controller in the insurance sector.
✓Working knowledge of the Xchanging messaging service and Insurance Premium Tax [IPT].
✓Intermediate competency in MS Office applications: Word, Outlook and Excel.
✓Excellent written and oral communication skills.
✓Strong interpersonal skills in order to work effectively and professionally with diverse groups.
✓Demonstrated ability to deliver and manage work within tight deadlines and/or while working extended workdays Show more →