Credit Control Analyst
Location: City of London
Company: Lloyds Syndicate
Salary: to £50,000
To carry out analysis of contracts identifying status and working with Underwriting, agents and cover holders to resolve any underlying issues.
·Analyse accounts to determine the status regarding premium and claims expected, transactions created and cash received or paid.
·Analysing market systems, internal underwriting, credit control and financial systems for accounts placed via Lloyds or directly for all types and classes of business.
·Assist in / Carry out processing and credit control to resolve issues identified. Carry out quality checks of Operational work.
·Liaise with Service Company, brokers and the business areas to resolve queries in a timely manner to enable correct reporting of balances and prompt collection of funds in respect of premium due.
·Regular communication both written and face to face with underwriting teams regarding status of accounts.
·Identification, resolution and documentation of quality issues to cleanse data as required and feed documentation into continuous improvement.
·Any ad hoc projects arising from Operation functions.
·Ensure adherence to all internal & regulatory requirements.
Skills and Experience
·Must have Insurance Operational experience
·Strong awareness of Open Market and/or Binding Authority credit management.
·Must be able to read and understand slips and endorsements
·Good knowledge of Xchanging systems (Tracker and Account Enquiry
·Must be numerate. Maths to at least GCSE B grade
·Good knowledge of Word and Excel
·Knowledge of Subscribe Underwriting System an advantage
·Knowledge of Sun accounting an advantage
·Organised with good attention to detail and a high level of accuracy
·Excellent communication skills
·Methodical approach to work
·Conscientious with problem solving capabilities
·Ability to work independently
·Ability to work to deadlines and prioritise accordingly
MW Appointments is acting as an Employment Agency in relation to this vacancy.