Insurance Credit Control / Technical Accounts.

Taylor James Resourcing; London; On-site; GBP 80,000 - 100,000; Full time

Job summary

Join a leading financial firm in London as a Client Onboarding KYC Associate. You'll be crucial in accelerating receivables, enhancing compliance, and managing client relationships. Ideal for someone with a strong background in insurance credit control, this role offers a competitive salary and opportunities for growth.

Qualifications

• Ideal candidate with insurance credit control experience.
• Understanding of reinsurance settlements is beneficial.

Responsibilities

• Monitor and chase all debt for prompt premium settlement.
• Process claims and premium information into the company software.
• Prepare month-end management reports.
• Develop client relationships and assist with credit control practices.

Skills

Insurance industry credit control experience

Reinsurance and Lloyds market understanding

Job description

Quick Registration: First Name *, Last Name *, e-mail *, Phone *, Sector Location

Our client is a Global Financial Broking firm in London.

Position: Client Onboarding KYC Associate. 5 days a week in London.

Additional roles include: Administration Assistant – Financial Services.

Our client is a Financial Market making company in London.

Our client is a Wealth and Asset Management firm in London.

Insurance Credit Control / Technical Accounts

Date: 23 May 2023
Sector: INSURANCE
Type: Permanent
Location: London
Salary: £35,000 - 41,000 per annum
Email: [e-mail]
Ref: BT478

Insurance Credit Control / Technical Accounts. Salary up to £41,000 + bonus.

This role is ideal for a candidate with insurance industry credit control experience. Join a well-established and rapidly growing insurance group with an excellent market reputation.

Reinsurance and Lloyds market experience would be beneficial, particularly a working understanding of reinsurance settlements.

The successful candidate will handle a monthly cycle of tasks to accelerate client receivables and payables collection, minimize aged debt, and meet pre-agreed collection targets. They will also process feedback efficiently and manage assigned programs from a technical back-office perspective, aligned with front-end Account Managers.

KEY RESPONSIBILITIES

• Monitor and chase all debt to ensure prompt premium settlement via telephone, email, and meeting SLAs, investigating unallocated cash.
• Process claims and premium information into the company software.
• Prepare, validate, and render inwards and outward settlements, ensuring contractual and technical compliance.
• Maintain client feedback in systems promptly, follow up on unanswered feedback, and escalate actions as needed.
• Produce month-end management reports.
• Ensure feedback is comprehensive and accurate for dashboard reporting.
• Participate in meetings with Underwriters, develop client/MGA relationships, and assist with due diligence on credit control practices.
• Review transactional records for data quality issues and coordinate long-term fixes.
• Review bank accounts and allocate cash daily.
• Identify and resolve issues, escalate risks, and address client issues appropriately.
• Interrogate inwards submissions and client data to resolve problems and answer queries.