Credit Control Manager
3 weeks ago
- Shift: UK Shift (2 PM onwards)
- Exp: 6+ years
- Must have exp in Lloyds' London Market and P&C Insurance experience.
- Must have team handling exp (10-15 FTE's)
Key Responsibilities:
- Monitor and manage premium collections for assigned accounts, ensuring timely receipt of funds.
- Liaise with brokers, underwriters, and internal departments to resolve queries and discrepancies.
- Maintain accurate and up-to-date records of all credit control activities.
- Escalate overdue accounts and initiate appropriate recovery actions, including legal proceedings if necessary.
- Prepare and present regular reports on aged debt, collection performance, and risk exposure.
- Support the month-end and year-end closing processes with accurate reporting.
- Ensure compliance with FCA regulations and internal credit control policies.
- Collaborate with underwriting and operations teams to ensure accurate premium allocations and reconciliations.
- Assist in the development and improvement of credit control processes and systems.
Skills & Experience:
- Proven experience in credit control within the UK insurance.
- Familiarity with Lloyd's market processes and systems (e.g., DXC, IMR, PPL).
- Strong negotiation and communication skills.
- High level of accuracy and attention to detail.
- Proficiency in Microsoft Excel and financial systems.
- Ability to work independently and as part of a team in a fast-paced environment.
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