Jobs in Credit
Job Title:Insurance Credit Controller - London City
Reference:7884549
Salary:£30,000 +
Location(s):London
Industry(s):Financial Services
Advertiser:Hays Accountancy & Finance
Employment Type:Permanent
Posted:20-05-2008

Description:

A leading branch of underwriters are currently looking to recruit an Insurance Credit Controller to joins its team. The ideal candidate must have experience within the insurance market and be able to show strong excel and technical skills.
  • Business written is primarily small volume, high value, Fortune 1000 type accounts through leading London brokers.
  • Receivables credit control is handled by a team of three to four credit controllers responsible for collections of around $650 million per year.
  • Monthly budgets vary in size but are strictly budgeted and credit controlled by close monitoring of PPW's, PPC's and terms of trade.
  • It is necessary for credit controllers to be able to review and interpret slip settlement terms and conditions and to act according to individual risk arrangements.
  • Credit control philosophy is very pro-active and requires continuous liaison with broker counterparts and when necessary individual producing brokers to ensure that settlements are made within slip timeframes and any late payment situations are resolved or escalated promptly.
  • Individual credit controllers are responsible for their own portfolio of brokers reporting to department head.



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