Senior Credit Control Analyst

Arch Insurance; City Of London; On-site; GBP 50,000 - 75,000; Full time

Job summary

A leading insurance firm in the City of London is looking for a Senior Credit Control Analyst who will analyze business processes and recommend improvements. The ideal candidate will have strong business analysis skills, be experienced in finance, and be capable of communicating with both technical and non-technical teams. This role offers the opportunity to work collaboratively within the financial sector while driving improvements in processes and efficiency.

Qualifications

• Experience working within a finance team/insurance.
• Ability to perform root cause analysis and present solutions.
• Interest in business structure and commercial thinking.

Responsibilities

• Analyse current processes and identify improvements.
• Translate business needs into technical specifications.
• Conduct root cause analysis with recommendations.
• Support user acceptance testing and user needs.
• Ensure compliance with finance controls.

Skills

Root cause analysis

Business analysis techniques

Communication skills

Interpersonal skills

Mentoring

Job description

With a company culture rooted in collaboration, expertise and innovation, we aim to promote progress and inspire our clients, employees, investors and communities to achieve their greatest potential. Our work is the catalyst that helps others achieve their goals. In short, We Enable Possibility℠.

Working as part of the Arch Group Credit Control Team the Senior Credit Control Analyst will have responsibility for the integration of a workstream though alignment to the wider Group Credit Control operations.

Considerations will include BAU Credit Control and Cash handling, downstream reporting and financial statutory and regulatory requirements.

The Senior Credit Control Analyst will also be able to identify process efficiencies, conduct root cause analysis and reconcile financial data for statutory and regulatory requirements.

Key Tasks and Responsibilities

• Analyse and document "As Is" and "To Be" processes, identifying opportunities for improvement and streamlining workflows
• Translate business needs into detailed functional specifications and technical solutions.
• Perform root cause analysis on issues with recommendations for solutions.
• Act as the bridge between business stakeholders, technical teams and IT, managing expectations across all levels.
• Present findings, recommendations, and project updates to various audiences addressing any issues raised.
• Support user acceptance testing (UAT), provide input for test plans and co-ordinate with UAT to ensure that final solutions meet user needs.
• Identify opportunities to enhance process efficiencies and take ownership to drive and deliver improvements.
• Assist the presentation of the reconciliation results to entity controllers for their review and sign-off.
• Provide recommendation of improvements in process or journals that should be considered by entity owners.
• Ensure compliance with the finance SOX and management controls.
• Mentor and guide for best practices, methodologies, and templates.

Role Requirements & Skills

Skills/Competencies

• Ability to perform root cause analysis and translate complex requirements into functional solutions
• A solid understanding of business analysis techniques, tools, and standards.
• The ability to confidently communicate and present to both technical and non-technical audiences, including senior executives.
• Experience in leading workshops and mentoring junior team members.
• A genuine interest in business, understanding of business structure, and ability to think commercially.
• Experience in a variety of projects across Finance, and the ability to learn quickly.

Experience

• Experience of working within a finance team/insurance.
• Effective interpersonal & communication skills with the ability to function in a team environment.

Do you like solving complex business problems, working with talented colleagues and have an innovative mindset? Arch may be a great fit for you. If this job isn’t the right fit but you’re interested in working for Arch, create a job alert! Simply create an account and opt in to receive emails when we have job openings that meet your criteria. Join our talent community to share your preferences directly with Arch’s Talent Acquisition team.

14101 Arch Europe Insurance Services Ltd