Junior Insurance Credit Controller / Technical Accountant

Recruiter
Anonymous
Location
London
Salary
to GBP33000 plus bens/bonus
Posted
28 Jun 2019
Closes
26 Jul 2019
Sectors
Accountancy
Contract Type
Permanent
Hours
Full Time
Key Result Areas:

* To accurately process all receipts/settlements/payments to the appropriate ledger, having agreed the items with the relevant third party. This includes brokers, co-insurers, reinsurers and other third parties, such as loss adjusters etc.

* To correctly allocate all receipts/payments against the respective technical entries on the ledgers, and to be able to reconcile any balance due to/from the third party to the third party statements.

* To promptly and proactively investigate any settlement or technical queries on the ledgers, liaising with the underwriters, technicians and claims teams as appropriate to resolve the queries.

* To issue accurate and timely statements of account to all third parties, as required in order to facilitate prompt settlement of balances.

* To process accurate technical entries/journals onto the appropriate ledgers, in order to ensure up-to-date accounts are maintained. This will include various inter-company accounts as well as those of third parties.

* To operate best practice credit control procedures in order to ensure Terms of Trade are met.

* To produce various management reports and analyses of the ledger balances, cash etc. as requested by the finance & operations director or others in the business.

* To proactively participate in projects or other initiatives designed to improve the effectiveness or efficiency of the finance department.

* To undertake any other tasks as requested by the Credit Control Team Leader, in order that the team achieve its objectives.

Specific Job Related Skills & Competencies:

* Good understanding of insurance and the terminologies used, across all lines of business.

* Experience in handling Global Programmes.

* Good technical understanding about underwriting policy construction; able to read underwriting files and understand what data needs to be recorded

* Good interpersonal skills - comfortable with phone & face to face discussions with underwriters, brokers & other technical staff

* Experience of working with credit control teams & understanding their requirements, a definite advantage

* Able to organise own workload effectively to meet service standards

* Deadline focused; able to work under pressure to meet tight deadlines

* Competent user of Excel & Word

* Good systems knowledge, experience of using various company bespoke systems to interrogate data

More searches like this