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Credit controller

London
Credit controller
£40,000 a year
Posted: 1 November
Offer description

Portfolio Credit Control are currently partnered with a reputable insurance business who are a major player within the sector. We are currently looking for a track proven Credit Control professional who has a strong background in insurance to support the team initially on a 3-month FTC, with the view to step into a permanent role. Duties and Responsibilities Producing and rendering premium and contra debt statements for the respective brokers and members. Chasing debts by email and/or telephone and recording progress for tracking purposes until balances received and cleared or if escalation is required Working closely with the Underwriting Teams to resolve unpaid premiums and to discuss potential NoCs requirements where necessary. Investigation of received remittances from Brokers and Members to identify relevant correct premiums to be applied with the payment. Clearing the cash receipts on the AS400 accounting system Manage the daily internal transfers of cash receipts between Eclipse (in run-off) and the AS400 Liaising with the Underwriters/technicians to resolve issues surrounding outstanding cashes and accounting issues (premium calculations difference, etc.) to reduce the Clubs unallocated cash and aged debt positions Maintaining the unallocated cash items so there are few or no items over 30 days old Make regular payments of return premiums, brokerage, continuity credits, or any credit refunds required. Set up new payee bank details with AS400 for outbound settlements Verbally verifying those bank details where required Identifying, querying and clearing potential offsets to keep the accounts clear Dealing with both Internal/External queries in a timely manner. Managing the daily cash receipts within the team on a weekly rotation, ensuring the information is added to the cash tracker efficiently and accurately. Assisting the team members for coverage of tasks during holidays and other absences Providing regular updates to the Operations Manager surrounding the designated portfolio of accounts being managed. Review of processes and procedures to see what tasks could possible automated for more efficiency and streamlining Ad hoc tasks delegated by the Operation Manager support the teams progress. Completing assigned training course for their continual personal and business development and growth. 50543BR INDCC

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