Credit Control Administrator – Insurance

Taylor James Resourcing; Greater London; On-site; GBP 25,000 - 28,000; Full time

Job summary

A leading recruitment firm is seeking a Credit Control Administrator in London. The role involves assisting in the collection of unpaid premiums, liaising with brokers, and supporting credit control tasks. Candidates with exposure to the insurance sector will be preferred. The successful applicant will be critical in managing aged debt reduction and will work closely with various departments to improve financial processes. The salary ranges from £25,000 to £28,000 annually.

Qualifications

• Ability to assist in the collection of unpaid premiums.
• Experience in liaising with brokers, underwriters, and service providers.
• Familiarity with KPI targets related to aged debt.

Responsibilities

• Administer bureau and non-bureau credit control tasks.
• Liaise with stakeholders involved in premium payments.
• Assist in producing reports for committees.

Skills

Exposure to the insurance industry

Credit control processes

Communication skills

Job description

Credit Control Administrator – Insurance

Date: 30 May 2023
Sector: INSURANCE
Type: Permanent
Location: London
Salary: £25,000 - 28,000 per annum
Email: [e-mail]
Ref: BT995

Credit Control Administrator – Insurance to £28,000

Exposure to the insurance industry would be highly preferred for this varied administration and credit control role with this leading Lloyd’s Underwriters.

The main function of the successful candidate will be to assist in the collection of unpaid premium within the Group which will involve liaising with brokers, underwriters, treasury and outsourced service providers who all have a part to play in the successful collection of premium.

Responsibilities

• Under the guidance of the Credit Control Non Bureau Manager, administer bureau and non-bureau credit control tasks
• Liaise with brokers, underwriters, treasury and outsourced providers involved in the settlement of bureau and non-bureau premium payments
• Raise intercompany transfers and outgoing payments
• Contribute to meeting KPI’s in terms of the reduction of aged debt and unallocated cash within the group
• Assist in the production of reports to the Operations Committee and Credit Risk Committee
• Be involved with continuous improvement initiatives to reduce aged debt, unallocated cash and premium queries.