Commercial Executive - Premium Finance (6 month Fixed Term)
Location: Haywards Heath | Salary: £30,000 - £40,000 depending on experience | Department: Commercial
We’re 1st Central, a market-leading insurance company utilising smart data and technology. We pride ourselves on rapid growth driven by providing our 1.4 million customers with great value insurance and excellent service. We have been awarded Insurance Employer of the Year at the British Insurance Awards 2024, and our Glassdoor score reflects our great workplace culture!
Are you a strong administrator with experience in Finance or Accounting? Are you an expert Focus user? If so, we want to hear from you!
We’re seeking a Commercial Executive - Premium Finance to join our Commercial & Marketing team at our Haywards Heath, West Sussex office.
This role is a 6-month fixed term contract with potential extension based on team needs.
In this role, you’ll support First Central with activities related to the delivery of the Premium Finance product, including credit control, lending, and consumer collections.
Core skills required:
* Experience in Finance / Accounting processes
* Proficiency with Focus
Responsibilities include:
* Assist with outsourcing debt collection to Debt Collection Agencies (DCA), including fund accounting, write-offs, and administration
* Review daily aged debt reports to ensure data integrity
* Process manual journals for reconciliation
* Respond to queries from DCA’s and other departments within SLA
* Maintain controls throughout the department
* Plan and allocate daily workloads to meet SLAs
* Identify and implement process/system improvements for Premium Finance
* Ensure compliance with FCA CONC, TCF, and other standards
* Participate in system testing and project work
* Perform other duties as required
Desired skills & experience:
* Experience in credit control, lending, and collections
* Ability to meet deadlines
* Stakeholder management in regulated environments
* Excellent communication skills
* Strong organisational skills and time management
* Problem-solving and influencing skills
* Proficiency in MS Office, especially Word, Excel, Project, PowerPoint
* Good numeracy skills
* Self-motivated and proactive
Knowledge:
* Understanding of credit control principles
* Knowledge of accounting systems and processes
* Regulatory awareness, including CONC and TCF
Behaviours:
* Commercial awareness and impact understanding
* Self-motivated, enthusiastic, and organized
* Proactive and detail-oriented
* Flexible, positive attitude, and team player
* Customer-focused and driven to improve business outcomes
* Adaptable to change and proactive in project management
If this sounds like the role for you, apply today! Check out our reviews on Glassdoor and see what colleagues say about working here.
What we offer:
* People-first culture with energetic, supportive workplaces
* Perks including health plans, flexible holidays, electric car scheme, flexible working, and more
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