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Syndicate Credit Controller

Hiscox
Job LocationLondon
EducationNot Mentioned
SalarySalary negotiable
IndustryNot Mentioned
Functional AreaNot Mentioned
Job TypeContract, full-time

Job Description

Syndicate Credit ControllerLondon Based (with home working 2-3 days per week)6mth Fixed Term Contract (possible extensions / potential permanent conversion)This is a great opportunity for a Syndicate Credit Controller to make a significant impact!Working with our external credit control service provider, and reporting to the Syndicate Credit Control Manager, you will undertake reviews of our premium debt, administration and reporting tasks assigned to Credit Control for both Syndicates. Supported and guided by the team. the role provides opportunities to work with many classes of business including inward reinsurance and will provide a much broader exposure to Syndicate Finance and Credit Control that you may find in other Syndicates.Credit Control report to a number of entities across the group including Underwriting, CFO, SII and our Head of Finance Operations. Managing premium collection for Syndicates (33 and 3624).What youll be doing in the role

  • Youll conduct Binder income reviews and needed income reviews on Syndicate 33
  • Youll maintain and implement adequate controls on premium debt
  • Review underwriting responses to premium issues raised by the credit control service.
  • Cover for key reporting elements of MI, SII and Operational reporting.
  • Attending meetings with Brokers and Coverholders where required.
  • Produce and maintain key controls and data governance documentation.
  • Develop strong working relationships with key stakeholders across the business.
  • Support wider Syndicate finance function with ad-hoc / cross training tasks.
    • Our must haves
  • Experience in a Lloyds syndicate credit control role is a must
  • Strong investigative skills and understanding of Lloyds insurance premium process.
  • Experience of Xchanging/DXC environments such as Insurance Portal Tracker and Account Enquiry
  • Can maintain excellent attention to detail and determination to resolve queries
  • Good understanding of LPSO signing messages
  • Strong Excel Skills to support the role
  • Ability to work to tight deadlines under pressure.
  • Innovative and open minded in approaching issues and determining solutions.
  • Confident communicator who builds good relationships across the business.
  • Self-motivated working as a team and individually.
    • Nice to have
  • Lloyds / Syndicate ECF systems experience
  • Delegated Underwriting Authority handling (Binders & Facilities)
  • Openbox or IRIS systems experience
    • Diversity and flexible working at HiscoxAt Hiscox we care about our people. We hire the best people for the job and were committed to diversity and creating a truly inclusive culture, which we believe drives success. We also understand that working life doesnt always have to be nine to five and we support flexible working wherever we can. No promises, but please chat to our resourcing team about the flexibility we could offer for this role. Required skills
  • credit control
  • premiums
  • delegated
  • binders
  • dua
  • lpso

    • Keyskills :
    credit control premiums delegated binders dua lpso

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