Credit Control Analyst

AXA; Ipswich; Hybrid; GBP 30,000 - 42,000; Full time

Benefits offered by this job

Flexible Working Arrangements

Diversity & Inclusion initiatives

Family-friendly leave benefits

Employee networking groups

Industry recognition programmes

Job summary

AXA XL in Ipswich is seeking a Credit Controller to join the UK & Lloyd’s Credit Control Team. Based in our Ipswich office with hybrid working, you’ll manage credit control on a designated portfolio, drive collections, and support underwriting with detailed reporting.

You will work with colleagues in India and across functions to ensure timely cash collection, reconcile accounts, and escalate material issues. Strong analytical and collaboration skills are essential.

Qualifications

• Experience in credit control within the insurance industry is preferred.
• Ability to manage overdue receivables and unallocated cash with attention to detail.
• Strong communication and reporting for monthly packs and debt reviews.

Responsibilities

• Deliver effective, robust credit control on a stated portfolio with consideration of commercial and underwriting relationships.
• Demo ownership for investigation, progression and resolution of material cases impacting overdue receivables and unallocated cash metrics.
• Provide clear commentary for monthly reporting packs and debt reviews by the line manager.
• Adhere to Credit Control service offerings and procedures, selecting broker contact methods and escalating as needed.
• Handle day-to-day operations with AXA XL brokers including monthly reconciliations, query management and escalation of material overdue premiums.
• Contribute to underwriting reporting packs, evidencing actions performed and highlighting cases needing underwriting leverage.
• Collaborate with AXA XL colleagues in India to share skills and resolve unallocated cash queries in Ipswich.
• Support continuous improvement and technology like e-accounting, internal query tools, and Smart Match.
• Ensure competence across all accounting platforms used by the Credit Control team and comply with controls.

Skills

Credit control

Insurance industry

Stakeholder management

Analytical skills

Team player

Hybrid work

Job description

Credit Controller (Insurance)

AXA XL is an Equal Opportunity Employer.

Ipswich, UK

This is an exciting and rewarding permanent role ideal for those looking to work within the insurance industry. The successful applicant will join the UK & Lloyd’s Credit Control Team at a particularly exciting time in joining an established, highly performing team. Joining AXA XL as a Credit Controller is a great foundation step to launch your career within this field. Whether you have some basic credit control experience and are ready to take the next step up, want to change your direction or are looking for your first step on the ladder we have plenty of support available to help you take that next step.

You will be based in our newly refurbished Ipswich office and will be part of the smart working initiative, offering a hybrid way of working, combining both remote and office working.

What you’ll be doing

What will your essential responsibilities include?

• The necessity to deliver effective, robust credit control (on a stated portfolio) with consideration of commercial and underwriting relationship
• Demonstrate full ownership and accountability for the investigation, progression and, ultimately, resolution of material cases impacting on (overdue receivables and unallocated cash) metrics
• Provide clear, concise commentary evidencing actions performed for monthly reporting packs and at scheduled debt reviews to be performed by line manager
• Adhere to Credit Control service offering (and associated procedures) following stipulated steps, selecting the applicable method of broker contact and escalation to line manager
• Assume responsibility for day-to-day operations between AXA XL designated brokers including monthly reconciliations, query management and escalation of material, overdue premiums
• Contribute significantly to the presentation and delivery of effective underwriting reporting packs, evidencing actions performed and highlighting cases requiring U/W leverage
• Effective liaison with AXA XL colleagues in India, encouraging skill-sharing and ensuring prompt resolution of any unallocated cash related queries referred to Ipswich
• Embrace the drive for continuous improvement and technological development including, but not limited to, e-accounting, the internal query management tool, and Smart Match
• Ensure competence across all accounting platforms utilised by the Credit Control and Transaction Query Management team. Ensure full compliance with FIC controls
• Perform periodic reviews of aged premium falling below full-service value thresholds
• Contribute toward the production, automation and delivery of an industry leading notice of cancellation process

As the tasks relate to the business placed in the London Insurance Market, you will be trained to fully understand the unique aspects of Lloyd’s and London Company Market processing.

You will report to the Assistant Credit Control Manager.

What you’ll bring

We’re looking for someone who has these abilities and skills:

Required Skills and Abilities:

• Team player, capable of self-learning and easily able to assimilate within a team environment
• Consistently deliver work of a high standard
• Commitment to providing the highest level of service to our customers, internally and externally
• Build influential relationships with key stakeholders. Develop and maintain good working relationships within the business across functions and at all levels
• Ability to work under own initiative and manage priorities to meet tight deadlines
• Excellent analytical and administrative skills
• Adaptable and flexible approach

What we offer

Inclusion

AXA XL is committed to equal employment opportunity and will consider applicants regardless of gender, sexual orientation, age, ethnicity and origins, marital status, religion, disability, or any other protected characteristic. At AXA XL, we know that an inclusive culture and enables business growth and is critical to our success. That’s why we have made a strategic commitment to attract, develop, advance and retain the most inclusive workforce possible, and create a culture where everyone can bring their full selves to work and reach their highest potential. It’s about helping one another — and our business — to move forward and succeed.

• Five Business Resource Groups focused on gender, LGBTQ+, ethnicity and origins, disability and inclusion with 20 Chapters around the globe.
• Robust support for Flexible Working Arrangements
• Enhanced family-friendly leave benefits
• Named to the Diversity Best Practices Index
• Signatory to the UK Women in Finance Charter

Learn more at axaxl.com/about-us/inclusion-and-diversity. AXA XL is an Equal Opportunity Employer.

Total Rewards

AXA XL’s Reward program is designed to take care of what matters most to you, covering the full picture of your health, wellbeing, lifestyle and financial security. It provides competitive compensation and personalized, inclusive benefits that evolve as you do.

We’re committed to rewarding your contribution for the long term, so you can be your best self today and look forward to the future with confidence.

Sustainability

At AXA XL, Sustainability is integral to our business strategy. In an ever-changing world, AXA XL protects what matters most for our clients and communities. We know that sustainability is at the root of a more resilient future. Our 2023-26 Sustainability strategy, called “Roots of resilience”, focuses on protecting natural ecosystems, addressing climate change, and embedding sustainable practices across our operations.

Our Pillars:

• Valuing nature: How we impact nature affects how nature impacts us. Resilient ecosystems - the foundation of a sustainable planet and society – are essential to our future. We’re committed to protecting and restoring nature – from mangrove forests to the bees in our backyard – by increasing biodiversity awareness and inspiring clients and colleagues to put nature at the heart of their plans.
• Addressing climate change: The effects of a changing climate are far-reaching and significant. Unpredictable weather, increasing temperatures, and rising sea levels cause both social inequalities and environmental disruption. We're building a net zero strategy, developing insurance products and services, and mobilizing to advance thought leadership and investment in societal-led solutions.
• Integrating ESG: All companies have a role to play in building a more resilient future. Incorporating ESG considerations into our internal processes and practices builds resilience from the roots of our business. We’re training our colleagues, engaging our external partners, and evolving our sustainability governance and reporting.
• AXA Hearts in Action: We have established volunteering and charitable giving programs to help colleagues support causes that matter most to them, known as AXA XL’s “Hearts in Action” programs. These include our Matching Gifts program, Volunteering Leave, and our annual volunteering day – the Global Day of Giving.

For more information, please see axaxl.com/sustainability.

Who we are

AXA XL, the P&C and specialty risk division of AXA, is known for solving complex risks. For mid-sized companies, multinationals and even some inspirational individuals we don’t just provide re/insurance, we reinvent it.

How? By combining a comprehensive and efficient capital platform, data-driven insights, leading technology, and the best talent in an agile and inclusive workspace, empowered to deliver top client service across all our lines of business − property, casualty, professional, financial lines and specialty.

With an innovative and flexible approach to risk solutions, we partner with those who move the world forward.

Learn more at axaxl.com