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Insurance credit control / technical accounts.

London
Taylor James Resourcing
Credit controller
Posted: 22 July
Offer description

Quick Registration: First Name *, Last Name *, e-mail *, Phone *, Sector Location

Our client is a Global Financial Broking firm in London.

Position: Client Onboarding KYC Associate. 5 days a week in London.

Additional roles include: Administration Assistant – Financial Services.

Our client is a Financial Market making company in London.

Our client is a Wealth and Asset Management firm in London.


Insurance Credit Control / Technical Accounts

Date: 23 May 2023
Sector: INSURANCE
Type: Permanent
Location: London
Salary: £35,000 - 41,000 per annum
Email: brian@taylorjamesresourcing.com
Ref: BT478

Insurance Credit Control / Technical Accounts. Salary up to £41,000 + bonus.

This role is ideal for a candidate with insurance industry credit control experience. Join a well-established and rapidly growing insurance group with an excellent market reputation.

Reinsurance and Lloyds market experience would be beneficial, particularly a working understanding of reinsurance settlements.

The successful candidate will handle a monthly cycle of tasks to accelerate client receivables and payables collection, minimize aged debt, and meet pre-agreed collection targets. They will also process feedback efficiently and manage assigned programs from a technical back-office perspective, aligned with front-end Account Managers.


KEY RESPONSIBILITIES

* Monitor and chase all debt to ensure prompt premium settlement via telephone, email, and meeting SLAs, investigating unallocated cash.
* Process claims and premium information into the company software.
* Prepare, validate, and render inwards and outward settlements, ensuring contractual and technical compliance.
* Maintain client feedback in systems promptly, follow up on unanswered feedback, and escalate actions as needed.
* Produce month-end management reports.
* Ensure feedback is comprehensive and accurate for dashboard reporting.
* Participate in meetings with Underwriters, develop client/MGA relationships, and assist with due diligence on credit control practices.
* Review transactional records for data quality issues and coordinate long-term fixes.
* Review bank accounts and allocate cash daily.
* Identify and resolve issues, escalate risks, and address client issues appropriately.
* Interrogate inwards submissions and client data to resolve problems and answer queries.
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