Credit Controller - 12M FTC

Starr Underwriting; City Of London; On-site; GBP 32,000 - 48,000; Full time

Job summary

Starr Underwriting in London is seeking a Credit Controller to chase overdue premiums, monitor aged debt, and report to senior management, ensuring timely settlements with brokers and adherence to procedures.

You will collaborate with underwriting teams, use advanced Excel and reporting tools, and contribute to optimizing cashflow. The role offers exposure to the Lloyd's Market and opportunities to grow in a dynamic, global insurer.

Qualifications

• London Market credit control experience.
• Intermediate Excel with v-lookups and pivot tables.
• Analytical and problem-solving skills.
• Well organised, able to work in a team and independently.

Responsibilities

• Chase, monitor and report upon overdue premiums to the Head of Credit Control.
• Make use of X-changing systems and reporting to ensure Brokers settle with the business.
• Monitor aged debt and respond to changes and trends internally and externally.
• Build and retain relationships with external and internal stakeholders.
• Assist with and investigate cash received to allocate to policies.
• Investigate initial booking of outstanding premiums to ensure correct terms and data.

Skills

Excel

London Market credit control

Analytical skills

Teamwork

Tools

Power BI

Tracker

Account Enquiry

IMR

Job description

Join Starr, a global leader in commercial insurance with over a century of expertise. We empower our employees to innovate, make impactful decisions, and build lasting client relationships worldwide. At Starr, you'll work in an entrepreneurial culture alongside accessible leaders, leveraging our financial strength and vast industry experience to deliver solutions for our clients, no matter how complex. Grow your career with a rapidly growing company that invests in its people and their ability to drive real progress.

Role Purpose

The primary focus of a credit controller at Starr is to chase, monitor and report on overdue premium owed to Starr whilst liaising with the underwriting teams to ensure maximum efforts are taken to receive settlement. You will make use of internal and external systems to ensure terms are met by Brokers, to reduce aged debt and maximise cashflow, by adhering to Company procedures . Weekly reports will be prepared for senior management, and relationships built with internal and external stakeholders.

Key Responsibilities

• Chase, monitor and report upon overdue premiums to the Head of Credit Control.
• Make use of X-changing systems and reporting to ensure Brokers are continuing to settle to the business in accordance with the rest of the Lloyds Market.
• Monitor Aged Debt and react to changes and trends both internally and externally.
• Build and retain relationships with external and internal stakeholders.
• Assist with and investigate any directly received cash in the bank accounts to establish allocation to policies.
• Investigate initial booking of outstanding premium ensuring correct terms and settlement data is entered, to ensure accurate reporting and chasing for settlement.

The above duties and responsibilities are not an exhaustive list, and you may be required to undertake other reasonable duties compatible with your experience and competencies. This description may be varied from time to time to reflect changing business requirements.

Qualifications, skills and experience

Essential

• Intermediate Excel capability (v-lookups, pivot tables, ability to interpret large data sets).
• London Market credit control experience.
• Analytical and problem solving skills.
• Well organised, with the ability to work well in a team as well as individually.

Desirable

• Opportunity to develop skills in Excel capability.
• Familiarity with Power BI to analyse and present meaningful data trends.
• X-changing systems experience (Tracker, Account enquiry and IMR).

Starr is an equal opportunity employer, which means we'll consider all suitably qualified applicants regardless of gender identity or expression, ethnic origin, nationality, religion or beliefs, age, sexual orientation, disability status or any other protected characteristic. We recruit and develop our people based on merit and we're committed to creating an inclusive environment for all employees. We offer first class training and development opportunities to all employees. Our aim is to grow our own talent and bring out the best in people.