Credit Controller

Edenbrook; Greater London; On-site; GBP 30,000 - 40,000; Full time

Job summary

A leading financial services provider in Greater London is seeking a Credit Controller to support the Credit Control Manager. The successful candidate will manage premium debt, ensuring accuracy and compliance with regulatory standards within a regulated insurance environment. Responsibilities include producing Aged Debt Reports, liaising with internal teams, and chasing debts effectively. Ideal candidates will have 3-5 years of credit control experience and strong knowledge of insurance processes.

Qualifications

• Minimum of 3–5 years’ experience in a credit control or equivalent role.
• Strong understanding of insurance slips and endorsements, including premium calculations.
• Experience with Lloyd’s syndicate is essential.

Responsibilities

• Produce, review, and distribute the monthly Aged Debt Report to underwriters.
• Manage underwriting responses and commentary related to aged debt.
• Proactively chase aged debt for assigned syndicates.
• Review written versus paid premium positions for accuracy.
• Make adjustments to processing system entries as needed.
• Liaise with internal stakeholders and brokers for query resolution.
• Maintain accurate records to support management decisions.

Skills

Credit control expertise

Debt recovery strategies

Financial reporting

Regulatory compliance

Job description

The Credit Controller will provide effective support to the Credit Control Manager, ensuring the accurate management, analysis, and recovery of premium debt. The role plays a key part in maintaining strong financial controls, supporting underwriting teams, and ensuring compliance with regulatory and market standards within a regulated insurance environment.

Key Responsibilities

• Produce, review, and distribute the monthly Aged Debt Report to underwriters.
• Manage underwriting responses and commentary relating to aged debt, including broker feedback.
• Proactively chase aged debt for assigned syndicates to ensure timely collection.
• Review written versus paid premium positions to confirm all funds have been correctly received.
• Make subsequent adjustments to processing system entries to manage aggregate gaps between written and signed figures.
• Liaise with internal stakeholders, brokers, and underwriting teams to resolve queries efficiently.
• Maintain accurate records and provide clear reporting to support management decision-making

Knowledge, Experience & Qualifications

• Minimum of 3–5 years’ experience in a credit control or equivalent role.
• Lloyd’s syndicate experience is essential.
• Strong understanding of insurance slips and endorsements, including premium calculations.