Senior Credit Control Manager - Insurance Premiums

Canopius; Singapore; Hybrid; SGD 60,000 - 90,000; Full time

Benefits offered by this job

Hybrid working

Pension contributions

Health insurance

Job summary

Canopius in Singapore is seeking a Credit Controller responsible for all credit control matters related to the service company for premium and claim allocations. The role suits someone with accounts receivable experience in the insurance industry.

You will oversee premium and claims settlement processes, manage broker balances, prepare reports to London, and lead a small team across Singapore, Australia and London to ensure timely, accurate financial reporting and strong controls.

Qualifications

• Knowledge or experience in various Direct and Facultative Insurance classes of business would be advantageous.
• Knowledge in Lloyd’s business and operations would be advantageous.
• Experience in accounts receivable and payable, bank reconciliations and cash accounting.
• Computer literate.
• Proficiency in Microsoft Excel.
• Experience with SUN Accounting systems and Subscribe policy administration system advantageous.

Responsibilities

• Responsible for Syndicate financial technical accounting for premium and claims.
• Oversees timely, accurate allocation of premiums collections by handling queries, monitor and expedite collection of brokers’ outstanding balances, and preparation of credit control reports giving updates on collections for management review.
• Coordinate on signings and Subscribe bookings with Finance to validate booked premium.
• Ensure timely and accurate preparation of internal technical reports such as monthly written and paid premium/claims bordereau to London.
• Responsible for premiums collections by handling queries, monitor and expedite collection of brokers’ outstanding balances, and preparation of credit control reports giving updates on collections for management review.
• Preparation of ledger entries relating to premiums and claims.
• Maintain strong internal controls over credit processes; ensure documentation and testing readiness.
• Build a strong working relationship and strong working processes to ensure smooth communication between the Singapore, Australia and London offices.
• Lead the team of Credit Controllers, ensuring high standards of accuracy and efficiency on credit control matters.
• Coach and develop a high-performing team; set clear objectives and cadence.
• Support Management on any ad hoc duties.

Skills

Accounts receivable

Insurance industry experience

Excel

Bank reconciliations

Education

Not specified

Tools

SUN Accounting

Subscribe policy administration

Job description

Canopius in Singapore is seeking a Credit Controller responsible for all credit control matters related to the service company for premium and claim allocations. The role suits someone with accounts receivable experience in the insurance industry.

You will oversee premium and claims settlement processes, manage broker balances, prepare reports to London, and lead a small team across Singapore, Australia and London to ensure timely, accurate financial reporting and strong controls.