Credit Controller Job Description

Role: Credit Controller

Location: London

Job Type: Full-time; Permanent

The Role

We are looking to hire an experienced credit controller to expertly manage the debts of our company. As our Credit Controller you will be responsible for developing and maintaining an effective and professional credit control system for the group.

Key responsibilities:

  • Chase and monitor premium subject to automatic cancellation payment warranty to ensure that funds are collected on time or escalated to the relevant Business Unit as appropriate
  • Monitor assigned underwriter ledgers to ensure premium subject to automatic payment warranty is paid away in line with payment terms
  • Monitor incoming cash daily and allocate, where possible
  • Query unallocated cash balances and escalate, where necessary, to ensure resolved or returned to payee within 90 days
  • Monitor assigned ledgers, chase debt and ensure aged balances are escalated in accordance with Credit Control procedures
  • Provide commentary on monthly Credit Control reports
  • Monitor assigned ledgers and ensure credit balances are paid out within one month of receipt

Person specification:

  • Previous experience in a Credit Control / IBA / Account Control role essential
  • Insurance experience preferred, brokerage experience ideal
  • OpenTwins experience desirable

Desirable Skills / Expertise:

  • Good decision-making skills
  • Ability to reconcile complex debtors’ accounts
  • Strong communication skills
  • Ability to deal with problematic clients
  • Strong organization skills
  • Analytical skills
  • Self-motivated to work on initiative and tight deadlines