Credit Control Administrator – Insurance

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

Job summary

An established industry player is seeking a detail-oriented Credit Control Administrator to join their team. This role is crucial in assisting with the collection of unpaid premiums, ensuring effective communication with brokers, underwriters, and service providers. The successful candidate will manage credit control tasks, contribute to KPI achievements, and participate in continuous improvement initiatives. This is a fantastic opportunity to grow within the insurance sector and make a significant impact on the organization's financial health. If you are proactive and have a passion for finance, this position is perfect for you.

Qualifications

• Experience in credit control and insurance sectors is preferred.
• Strong communication skills are essential for liaising with stakeholders.

Responsibilities

• Administer credit control tasks and liaise with brokers and underwriters.
• Assist in producing reports for the Operations and Credit Risk Committees.

Skills

Credit Control

Communication Skills

Report Production

KPI Management

Education

Relevant Experience in Finance or Insurance

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

The Credit Control Administrator role involves assisting in the collection of unpaid premiums within the Group, which includes liaising with brokers, underwriters, treasury, and outsourced service providers.

Main Duties

1. Administer bureau and non-bureau credit control tasks under the guidance of the Credit Control Non Bureau Manager.
2. Liaise with brokers, underwriters, treasury, and outsourced providers involved in the settlement of bureau and non-bureau premium payments.
3. Raise intercompany transfers and outgoing payments.
4. Contribute to meeting KPIs in terms of the reduction of aged debt and unallocated cash within the group.
5. Assist in the production of reports to the Operations Committee and Credit Risk Committee.
6. Be involved with continuous improvement initiatives to reduce aged debt, unallocated cash, and premium queries.