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Credit Controller

Arthur Recruitment

Greater London

Hybrid

GBP 40,000

Full time

2 days ago
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Job summary

A leading company in the insurance industry is seeking a Credit Controller for a 6-month fixed-term contract in London. The role involves managing premium statements, following up on debts, and collaborating with underwriting teams. Ideal candidates will have experience in credit control and strong communication skills.

Qualifications

  • Previous experience in credit control or accounts receivable is beneficial.
  • High level of accuracy and attention to detail required.

Responsibilities

  • Prepare and issue premium and contra debt statements.
  • Proactively follow up on outstanding debts via email and phone.
  • Collaborate with Underwriting teams to resolve unpaid premiums.

Skills

Attention to Detail
Communication
Problem-Solving
Time Management

Tools

AS400
Eclipse
Microsoft Office

Job description

This range is provided by Arthur Recruitment. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

Base pay range

Direct message the job poster from Arthur Recruitment

Specialist Interim & Contract Accounting & Finance Recruiter for the Insurance industry

Credit Controller | 6-months FTC | £40,000 | London/Hybrid (3 days office based)

Arthur have partnered with an established insurance brokerage to support with their search for a Credit Controller for an initial 6 months fixed term contract (potential to extend a further 3 months).

Key Responsibilities

  • Prepare and issue premium and contra debt statements to brokers and members.
  • Proactively follow up on outstanding debts via email and phone, documenting progress until payment is received or escalation is needed.
  • Collaborate with Underwriting teams to resolve unpaid premiums and assess the need for Notes of Credit (NoCs).
  • Review broker/member remittances to accurately allocate payments to the correct premiums.
  • Process cash receipts and perform allocations in the AS400 accounting system.
  • Manage daily internal cash transfers between Eclipse (run-off) and AS400.
  • Work closely with Underwriters and Technicians to resolve issues related to premium discrepancies, unallocated cash, and aged debt.
  • Maintain unallocated cash items, ensuring minimal outstanding items over 30 days.
  • Process return premium payments, brokerage fees, continuity credits, and other necessary refunds.
  • Set up new payee bank details and verify them as required for outbound payments.
  • Identify and clear potential offsets to maintain clean account ledgers.
  • Respond to internal and external queries promptly and professionally.
  • Rotate weekly responsibility for managing daily cash receipts, ensuring accurate updates to the cash tracker.
  • Support team members during holidays or absences by covering core tasks.
  • Provide regular portfolio updates to the Operations Manager.
  • Contribute to process improvement initiatives with a focus on automation and efficiency.
  • Undertake ad hoc tasks as delegated by the Operations Manager.
  • Complete ongoing training to support professional growth and development.

Candidate Profile

Qualifications & Experience

  • Previous experience in credit control, claims, or accounts receivable is beneficial.
  • Working knowledge of financial systems such as AS400 and Eclipse is advantageous.
  • High level of accuracy and attention to detail.
  • Strong verbal and written communication skills.
  • Proficient in Microsoft Office, especially Excel, for financial analysis and reporting.
  • Able to manage multiple priorities in a fast-paced environment.
  • Effective problem-solving and time-management abilities.
Seniority level
  • Seniority level
    Associate
Employment type
  • Employment type
    Contract
Job function
  • Job function
    Accounting/Auditing
  • Industries
    Insurance Agencies and Brokerages and Insurance

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