An established and high-performing organisation within the Lloyd’s insurance market is looking to appoint an experienced Senior Credit Controller to take responsibility for a significant Delegated Authority portfolio.
Working closely with internal underwriting teams, Lloyd’s Brokers and Coverholders, you will play a key role in ensuring the timely and accurate settlement of premiums, identifying outstanding balances and driving effective resolution of problem accounts.
- Take ownership of a sizeable Delegated Authority portfolio, using reporting and analytics to monitor account performance, identify discrepancies and address emerging issues.
- Manage the end-to-end premium settlement process across key accounts, including premium signings, bordereaux and reconciliation of written versus settled premiums.
- Build strong relationships with Lloyd’s Brokers and Coverholders, proactively managing outstanding balances, resolving queries and driving timely payment in line with agreed terms.
- Work closely with Underwriting and internal stakeholders to manage challenging accounts, investigate documentation and data issues, and agree appropriate actions to minimise credit risk.
- Support the continued development of the Credit Control function through improved reporting, data analytics and the introduction of technology-led solutions.
About You
- A strong working knowledge of the premium settlement cycle for Delegated Authority business within the Lloyd’s market.
- Good understanding of the Lloyd’s binding authority format, including key terms and conditions from a premium credit control perspective.
- Excellent communication and relationship-management skills, with the confidence to engage effectively with Brokers, Coverholders and internal underwriting teams.
- Experience working with the Insurers’ Market Repository (IMR) and maintaining policy documentation and associated settlement information.
- A proactive and analytical approach, with the confidence to challenge where necessary and drive outstanding balances through to resolution.
Salary on offer is up to £70k + bonus, comprehensive benefits and hybrid working.
Please apply now!