Insurance Credit Controller London, England
IN2 Consult
Full Time
London, England
40000 - 45000 GBP ANNUAL Today
Job description
Credit Controller, £40,000-£45,000+benefits, Central London (hybrid)
As a Credit Controller / Working Capital Specialist you will play a pivotal role in managing our credit and working capital to optimize cash flow and minimize financial risks. You will work closely with clients, partners, case handlers, and underwriters to ensure timely premium collections, assess creditworthiness, and implement strategies to enhance our working capital management. In addition to your core responsibilities, you will also support the accounts payable function during busy periods, holidays, audits, and more.
Key Responsibilities for the Credit Controller:
Key Responsibilities for the Credit Controller:
- Assess the creditworthiness of clients, set credit limits, and monitor outstanding balances.
- Oversee the timely collection of insurance premiums, working closely with clients and brokers to resolve payment issues.
- Develop and implement strategies to optimize working capital, ensuring liquidity while minimizing risks.
- Initiate debt recovery processes when necessary, collaborating with legal and collections teams to resolve delinquent accounts.
- Build and maintain strong relationships with clients, brokers, underwriters, partners, and case handlers, addressing inquiries and concerns professionally.
- Prepare regular reports on credit and working capital metrics for management review.
- Identify opportunities for process improvements to enhance credit control and working capital management procedures.
- Ensure compliance with industry regulations and internal policies related to credit management and working capital.
Qualifications for the Credit Controller:
- Proven experience in credit control, working capital management, or a similar role within the insurance and legal industries.
- Knowledge of insurance policies, premium collections, and risk assessment.
- Strong analytical and financial modeling skills.
- Excellent communication and negotiation abilities.
- Proficiency in financial software and Microsoft Excel.
- Attention to detail and a high degree of accuracy.
- Strong problem-solving and decision-making skills.
- Ability to work independently and collaboratively in a team
Benefits for the Credit Controller:
- Private medical, including dental
- 25 days holiday, increasing with time
- 2 days in office per week
- Enhanced maternity, paternity and adoption pay
- Childcare voucher scheme
- Transport support
Credit Controller, £40,000-£45,000+benefits, Central London (hybrid)
IN2 Consult
www.in2-consult.com
Reading, United Kingdom
Luke Seaman
Unknown / Non-Applicable
1 to 50 Employees
Company - Private
