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Job Location | City of London |
Education | Not Mentioned |
Salary | Salary negotiable |
Industry | Not Mentioned |
Functional Area | Not Mentioned |
Job Type | Permanent , full-time |
Do you have experience working in the London insurance market within Credit ControlHelp support our Credit Control team here at Markel.What part will you play If you’re looking for a place where you can make a meaningful difference, you’ve found it. Because, at Markel, the work you do gives people the confidence to move forward and seize opportunities. Whether you’re wild about horses,bananas for boats or driven by data, you’ll find your fit amongst our global community of optimists and problem-solvers. We’re always pushing each other to go further because we believe that when we realise our potential, we can help others reach theirs.Join us and play your part in something special!The opportunity:We are looking for a Technical Accountant Credit Controller to work within the Credit Control Team. Responsible for ensuring monies are received and settled on a timely basis, in accordance with expected income and contractual terms. The successful personwill need to understand the insurance slip and peer check this contractual information in core systems before chasing funds. You’ll be confident questioning underwriters and brokers over contractual content. The ultimate goal is to minimize the aged debt positionwhilst maintaining accurate records and accounts. The person would be expected to analyse their own accounts and reports in order to achieve individual and team targets, and fully contribute to the overall success of the department and organisation.What you’ll be doing:Responsibility for your own class portfolios, which includes Open Market and FacilitiesFollowing risk creation, take complete responsibility for the "end to end" process of all risks within scope, peer checking Underwriting information to be confident of its accuracyAnalyse slips, endorsements and contractual information to confirm accurate capture of premium, instalments, deductions, tax and settlement due dates, liaising with the Underwriting Support Team, Underwriters and brokers as requiredLiaise directly with Clients, Cover Holders, Brokers and MINT overseas offices for business transacted outside of the London Market BureauChase for receipt of debt in line with terms of trade, internal targets and best practice. Liaise with the appropriate internal departments, Underwriters and external parties in order to achieve thisMaintain a detailed summary of your current work status at risk level utilising Core Systems to do so and create a diary system to actively monitor your portfolioEnsure bureau signings and broker statements (or their equivalent) are received, reviewed where necessary and accurately processed. Liaise with Underwriters, Brokers and exchanging to efficiently resolve any queries which arise, arranging settlement of moniesand allocate cash in accordance with contractual terms, internal targets and quarterly deadlinesProvide reports, analysis and commentary which will form part of the Team’s quarterly reporting presentation pack to senior management. In addition provide details to support discussion with Underwriters and scheduled management meetingsExhibit a commitment to data quality. Resolve issues as they arise, ensuring any changes are appropriately documented and communicatedOur must haves:Possess a sound knowledge of insurance and experience of working in the London Market is requiredStrong credit control experience and a consistent record of ensuring that funds are received, reconciled and allocated on a timely basisCapable of interpreting and analysing contract language in order to collect premium efficiently, being able to confidently question Underwriters & brokers over contractual contentExperience of effectively managing and manipulating high volumes of data and the ability to create concise, accurate reporting to supply a pertinent interpretation of the resultsStrong numerical and analytical skillsGood working knowledge of Excel, and be a competent user of MS Office; experience of using Eclipse would be advantageous and aptitude to learn in-house software is essentialWho we are:Markel Corporation (NYSE - MKL) a Fortune 500 company with over 60 offices in 20+ countries, is a holding company for insurance, reinsurance, specialist advisory and investment operations around the world.We’re all about people | We win together | We strive for better| We enjoy the everyday | We think furtherWhat’s in it for you:
Keyskills :
Credit ControlDebt ManagementQualified Chartered AccountantMS Excel