Overview

The company specialises in the management of discontinued insurance and reinsurance portfolios. Formed in 2020, the managing agency has assumed responsibility for a number of run-off insurance portfolios.

The company is seeking a Credit Control Analyst to join its team. You will take responsibility for ensuring that premiums due to syndicates under their management are identified and pursued through to collectionall policy administration tasks are carried out accurately and efficiently, and ensure that their data facilitates the collection of premiums due to syndicates under their management.

The role will require a dynamic candidate who thrives in a changing environment and has relevant operational experience within the Lloyds Market.

They offer hybrid working, with the successful applicant expected to attend the London office approximately 40% of the time, or more should business requirements dictate.

 

Key Responsibilities
  • Proactive collection of outstanding premiums due to syndicates under our management
  • Work closely with the Credit Control Manager to develop and improve upon existing Credit Control processes
  • Analysis of data and reconciliations of policy records to identify premiums due
  • Develop and maintain relationships with Brokers to assist in the reconciliation of accounts and collection of debt
  • Ensure escalation of slow / non-responsive debtors so that appropriate action can be taken to recover debt
  • Be a key contact for outsourced service providers, monitoring SLA’s and providing query resolution where required
  • Production of Management Information to report on progress, and liaison with internal stakeholders to develop reporting capabilities
  • Be a key point of contact for Credit Control related queries for all internal stakeholders and functions including but not limited to Underwriting, Delegated Operations, Finance, and Compliance
  • Undertake additional ad hoc duties and projects as required on a flexible basis

 

Skills & experience profile
  • Relevant experience of Credit Control within Lloyds market
  • Understanding of Lloyd’s Market insurance principles & previous experience with slips & endorsements
  • Good numeric and analytical skills with a proactive approach to problem-solving
  • Comfortable with running and refining reports with support from MI team
  • Underwriting System knowledge
  • Knowledge of Xchanging/DXC processes desirable
  • Excel skills (inc. use of pivot tables and formula)
  • Self-starter with a pro-active approach that is able to work independently
  • Able to build and maintain relationships with a range of stakeholders
  • Flexible approach to working in a demanding and dynamic environment
  • Good communication skills, both verbally and in writing
  • Ability to manage time, meet deadlines and prioritise
  • Good team working ethic

 

Company’s values
  • Bold “We are ambitious and passionate about our future”
  • Expert “We use our specialisms and expertise to get things done”
  • Innovative “We embrace change and continually seek to improve the way we do business”
  • Accountable “We are outcome focused and deliver on promises”
  • Honourable “We act with integrity and aim to do the right thing”
  • Inclusive “We encourage participation and value all contributions”

 

Galejay and all its clients are inclusive employers and prides itself on the main values of honesty and integrity. If you have these qualities and wish to apply, please send your CV to Gary Forster Managing Director, at gforster@galejay-recruitment.com