The Credit Controller – Support Assistant is responsible for supporting the day-to-day operation and the ongoing credit control function.

1.     Report
Reports to the Credit Controller

2.     Key Responsibilities
The areas of responsibility of the Credit Controller include:
·       Cash Entry – ensure cash received is entered daily into the PAS (policy admin system) and reflected on the Credit Control/Finance Cashbook
·       Insurance Accounts Receivable – ensure timely receipt of policy amounts including effective resolution of queries/overdue items
·       Insurance Accounts Payable – timely issuance of Bordereaux and subsequent payment of client monies including effective resolution of queries/overdue items
·       Adhere to Financial controls and procedures – support the broader Finance function monitor                                               controls and procedures to help prevent error and detect fraud ensuring they are adhered to
·       Projects – support further development of our PAS (policy administration system) and related procedures supporting the credit control function to improve efficiency and enhance controls
·       Stakeholder management – build and maintain good relationships with our various internal and external stakeholders

3.     Specific Responsibilities
3.1.   Insurance Accounts Receivable
·     Routine entry to the PAS (policy admin system) of cash receipts from producing brokers and matching to related policy amounts due
·     Timely investigation and resolution of discrepancies between cash receipts and amounts due per PAS including any unallocated cash items
·     Routine follow up with underwriting teams and producing brokers to help minimise overdue amounts

3.2.   Insurance Accounts Payable
·     Ensure accurate and timely reporting of Premium (cash) Bordereaux to binding brokers
·     Ensure timely payment of agreed Bordereaux amounts to binding brokers for onward payment to our capacity providers
·     Routine entry to the PAS (policy admin system) of cash payments and allocating to related policy record for – Inwards/Outwards/Commission entries

3.3.   Financial control and procedures
·     Support the reconciliation of all client custodian bank accounts to statements and the general ledger
·     Support the reconciliation of all insurance receivable/payable balances per the PAS to the general ledger
·     Assist with the development and maintenance of procedure documentation for all key credit control tasks and ensure these are adhered to and regularly updated as the business develops

3.4. Stakeholder management
Conduct business relationships in a professional manner conducive with the values of the Company
Build productive working relationships with the other members of the team
Develop and maintain effective relationships with our producing/binding brokers and capacity providers Operation Support teams

4.     Skills and Competencies
Strong communication and interpersonal skills
Good numeracy skills
Well organised
Ability to use a variety of computer systems

5.     Education and Experience
·       Experience working in the credit control function within London Market insurance industry, preferably at an MGA
·       Experience using  commercial policy administration systems

The above list of job duties is not exclusive or exhaustive and the post holder is required to undertake such tasks as may reasonably be expected within the scope of the position.

If you have these qualities please send your CV to the Managing Director at