Credit Control Operations Analyst

Employer
MW Appointments
Location
London, UK
Salary
Competitive
Posted
Sep 19, 2019
Closes
Sep 24, 2019
Ref
1258689590
Job Role
Credit Control
Sector
Finance
Contract Type
Permanent
Hours
Full Time
Credit Control Analyst

Location:
City of London Type: Permanent Company: Lloyds Syndicate

Salary:
to £50,000 Main Purpose To carry out analysis of contracts identifying status and working with Underwriting, agents and cover holders to resolve any underlying issues. Main Responsibilities
• 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 Personal Qualities
• Organised with good attention to detail and a high level of accuracy
• Excellent communication skills
• Team Player
• Methodical approach to work
• Conscientious with problem solving capabilities
• Ability to work independently
• Ability to work to deadlines and prioritise accordingly Ref- 7216 MW Appointments is acting as an Employment Agency in relation to this vacancy.

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