Insurance Credit Control / Technical Accounts.

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Client Onboarding KYC Associate. Based in the compliance

We have an initial 6th month contracts for a Business

We are looking for an experienced Client Account Manager

Trainee Technology Research and Development Tax Consultant.

Insurance Credit Control / Technical Accounts.

Date: 23 May 2023
Sector: INSURANCE
Type: Permanent
Location: London
Salary: £35000 - 41000 per annum
Email:
Ref: BT478

Insurance Credit Control / Technical Accounts. To £41,000 + bonus

For a candidate with insurance industry credit control experience this could be an excellent opportunity to join a well established but rapidly growing insurance group with an excellent market reputation.

Reinsurance and/or Lloyds market experience would be beneficial, with a minimum of a working understanding of reinsurance settlements

The successful candidate will complete a monthly cycle of tasks that accelerate the collection of client receivables and payables and minimise all aged debt. To meet pre agreed targets for such collections and to ensure that all feedback is appropriately processed and followed up, whilst effectively managing all assigned Programs from a technical back office perspective, aligned with the front-end Account Managers.

KEY RESPONSIBILITIES

Monitoring and chasing of all debt to ensure prompt settlement of premium by telephone, email and meeting internal and external SLAs to investigate and resolve any unallocated cash

Processing of claims and premium information on to the company software

Preparing, validating and rendering inwards and outward settlements, ensuring they adhere to the contractual responsibilities and individual technical accounts

Maintain client feedback onto the relevant systems in a timely and efficient manner, ensuring that this is kept up to date and that any unanswered feedback is followed up. Ensure that any required actions are escalated to the account handlers.

Production of month end management reporting

Ensure feedback received is comprehensive and addresses all criteria thus providing dashboard users with a true and accurate position

Participation in internal and external meetings, including attending meetings with Underwriters, developing client/MGA relationships, and assisting with due diligence assessments of potential Coverholder's credit control activities and practices

Reviewing transactional records to identify data quality issues, to be resolved with the parties providing the data for long-term fixes

Review bank accounts, bank cheques and allocate cash on a daily basis

Identify and resolve issues where possible, escalating risks, and highlighting any settlement/MGA

Client issues to appropriate personnel

To interrogate, as appropriate, inwards submissions and clients' data in order to resolve problems and answer queries