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1 day ago
Credit Control Specialist Role Overview
">Our organization seeks a skilled Credit Control Specialist to oversee the collection of premiums from assigned accounts, ensuring timely receipt of funds. The ideal candidate will have prior experience in credit control within the UK insurance sector, with a proven track record of managing collections and resolving queries.
">Monitor and manage premium collections for assigned accounts, adhering to established procedures and deadlines.">Liaise with brokers, underwriters, and internal departments to resolve discrepancies and improve communication.">Maintain accurate and up-to-date records of all credit control activities, ensuring seamless auditing and reporting processes.">Escalate overdue accounts and initiate recovery actions, including legal proceedings if necessary, while maintaining a professional demeanor.">Prepare and present regular reports on aged debt, collection performance, and risk exposure, providing actionable insights for business growth.">Support the month-end and year-end closing processes with accurate reporting, ensuring compliance with regulatory requirements.">Collaborate with underwriting and operations teams to ensure accurate premium allocations and reconciliations, fostering a culture of cooperation.">Assist in the development and improvement of credit control processes and systems, driving innovation and efficiency.">">
Proven experience in credit control within the UK insurance sector.">Familiarity with Lloyd's market processes and systems (e.g., DXC, IMR, PPL).">Strong negotiation and communication skills, with the ability to build effective relationships.">High level of accuracy and attention to detail, with excellent analytical skills.">Proficiency in Microsoft Excel and financial systems, with a strong understanding of data analysis.">Ability to work independently and as part of a team in a fast-paced environment, with a flexible approach to workload.">">
Competitive salary and benefits package.">Opportunities for career growth and professional development.">Collaborative and dynamic work environment.">">
Ensure compliance with FCA regulations and internal credit control policies.">"],
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