Credit Control Analyst II London, England
Everest Re Group, Ltd.
Full Time
London, England
35000 - 52000 GBP ANNUAL Today
Job description
Title:
Credit Control Analyst II
Company:
Everest International Insurance
Job Category:
Underwriting
Job Description:
Job Title: Credit Control Analyst
Location: London
Position Classification: Remote Hybrid
Employer: Everest Advisors (UK), Ltd
Reports to: Credit Control Manager
It’s an exciting time for Everest Re Group, Ltd. (“Everest”)! As we continue on our journey, we see significant opportunity ahead of us to expand our reach, build diversity, and enhance our capabilities in critical markets.
Everest is a leading global reinsurance and insurance provider, operating for nearly 50 years through subsidiaries in the Bermuda, Canada, Europe, Singapore, US, and other territories. Our strengths include extensive product and distribution capabilities, a strong balance sheet, and an innovative culture. Throughout our history, Everest has maintained its discipline and focuses on creating long-term value through underwriting excellence and strong risk and capital management. But the most critical asset in this organization is our people.
At Everest, we are committed to the development of our people. We offer dynamic training & professional development to our employees. You will benefit from career development and learning opportunities that will let you set career goals and fulfill them, including:
- Generous tuition/continuing education reimbursement
- Mentoring opportunities
- Flexible work arrangements
- Talent development initiatives
- Networking groups
Everest is a growth company with $10.5 Billion of Gross Written Premium offering Property, Casualty and specialty products among others, through its various operating subsidiaries located in key markets around the world. Everest has been a global leader in reinsurance with a broad footprint, deep client relationships, underwriting excellence, responsive service and customized solutions. Our insurance arm draws upon impressive global resources and financial strength to tailor each policy to meet the individual needs of our customers.
Our financial strength is evident in Financial Agency Ratings of: A+ A. M. Best, A+ S&P Global and A1 Moody’s Investor Service. We are a market leader for our broad diversified income streams, strong underlying underwriting performance with reduced volatility and strong cash flow. We take pride in being known in the industry as nimble, entrepreneurial and responsive.
Although we are currently in the European and Asia market, we see great opportunity to expand our markets. We are planning to grow the company and build a local presence in many more regions. To support this, we are currently looking for a Credit Control Analyst.
This position will be based in our London office with a hybrid schedule that has the option of working two days remotely each week.
Role Purpose:
- To establish a Credit Control function within Everest Global Markets Operations team driving standardised procedures with Key Performance Indicators and proactively manage the team to ensure accounts are serviced to a high standard and within deadlines. Create a culture of continuous improvement and contribute to the wider success of the Group Operations Team
- Ensure that all monies owed to Everest Global Markets are collected and processed accurately and in a timely manner and to reduce the Bad Debt exposure and improve the cash flow and investment income
Key Accountabilities:
- Ensure service efficiency through effective process execution in line with offshoring, policy, process and governance requirements.
- Ensure clear and regular communication with Brokers, Cover holders, Finance, IT & Data Management, Underwriting teams and Group Operations management
- Work with Operations and Finance management to identify cost, quality or timeliness improvements in our services
- Work with various stakeholders including IT, Operations, Finance and Data Management to ensure the Group’s needs and requirements are incorporated into technology roadmaps
- Take control of ad hoc day to day issues in credit control to ensure effective solutions are defined and implemented, including effective resolution of cash related queries on Xchanging messaging and direct settlements, incidents and problems within agreed timelines, Facilitate external audits or other audit requests by providing timely and accurate information
- Any other ad hoc tasks as defined and agreed with the Underwriting Operations Manager.
- All functions to be performed in accordance with Everest policies and specific procedure manuals, as amended from time to time.
- Run/facilitate workshops for training or data gathering purposes.
Professional Experience:
- Relevant experience of working for a Lloyd’s Syndicate/London Company, preferably in a similar role.
- Possesses excellent market experience and contact base in dealing with Operations credit control teams across the London Market.
Skills & Abilities
- Good organisational skills
- Excellent communication skills
- Must be numerate and literate
- Logical, analytical and resourceful
- Good attention to detail
- Ability to follow through on tasks/projects
- Must be able to work alone but also contribute as part of a team
IT Skills
Must be computer literate:-
- Intermediate Excel and Word
- Use of Xchanging IRIS or other underwriting systems (desirable but not essential)
- Use of Document Management & Workflow systems (desirable but not essential)
- Use of Management Information tools (desirable but not essential)
- Use of IMR and Lloyds accounts enquiry
Competencies:
The role holder will be required to embrace the Everest Core Values: Collaboration, Thoughtful Assumption Of Risk, Execution, Humility and Leadership.
The Everest Core Values are the foundation upon which we (a) conduct our work, and (b) conduct ourselves both internally with our colleagues, and externally with clients/customers.
The Company's success and that of our employees begins with these values. All employees are expected to support and exhibit these values in their interactions with others and through their day-to-day responsibilities.
Type:
Regular
Time Type:
Full time
Primary Location:
London
Additional Locations:
