- Location
- London, United Kingdom
- Workplace
- Hybrid
- Type
- Full-time
- Department
- Finance
- Seniority
- Senior
- Source
- Workday
Description
Time Type:
Full timeWorking Pattern:
Hybrid
Purpose of the Role
AEGIS London are seeking a Senior Credit Controller to assume responsibility for a large Delegated Authority portfolio within a high performing Credit Control team. The role envisages a level of operational autonomy reflective of extensive Lloyd’s market experience within the Delegated Authority sector. You will engage extensively with our in-house underwriting teams and with the Lloyd’s Broker and Coverholder community.
Duties and Accountabilities
- Use of dashboard analytics in ongoing review of premium variances in respect of Delegated Authority portfolio
- Ensure timely processing of FDO signings in respect of designated Tier 1 accounts
- Ensure timely receipt of paid premium bordereaux in respect of designated Tier 1 accounts
- Reconciliation of written and paid premiums in identification of outstanding balances in respect of designated Tier 1 accounts
- Maintain regular dialogue with Lloyd’s brokers in ensuring timely settlement of outstanding balances due
- Schedule in-person meetings with Lloyd’s brokers that fail to meet terms of trade as regards settlement of balances due
- Maintain regular dialogue with underwriting teams regarding problem accounts and implementation of appropriate remedial action plans
- Review of underlying policy documentation as required
- Work with Head of Technical Reporting in assessment of ongoing reporting requirements of Delegated Authority Credit Control
- Work with Head of Technical Reporting in assessing application of Copilot within Delegated Authority Credit Control
Skills, Knowledge and Experience
The successful candidate will be/have:
- Previously worked within Lloyd’s market and have working level understanding of premium settlement cycle regarding processing of Delegated Authority business
- Familiarity with Lloyd’s binding authority format and key terms and conditions from premium credit control perspective
- Familiarity with Insurers’ Market Repository (IMR) and maintenance of policy documentation and related settlement details therein
- Proficient use of Microsoft Excel regarding application of IF statements, Lookups and use of Pivot Tables
- Proficient use of dashboard analytics (Power BI) in daily monitoring of status of portfolio
- Able to work individually and as part of a team setting
AEGIS Values
Fairness and respect
We make decisions considering the best interests of key stakeholders. We are direct and straightforward in our actions, working collaboratively to create a culture of fairness and respect.
Open and inclusive
We act with integrity, valuing diversity of thought and background. We take time to listen to the needs of our customers, stakeholders and colleagues working together to seek and share information.
Ambitious
We have a passion for success, aspiring to be recognised as best in class. We embrace new opportunities, encouraging innovation in pursuit of our goals.
Striving to be better
We strive to improve at all times, challenging complacency, being agile and adapting to change. We always seek to improve our customers’ experience with us.
Investing in people’s potential
We provide an environment where each employee can reach their personal potential. We encourage personal accountability for performance and individual ownership for growth and success.
AEGIS London is an equal opportunities employer and recognises the value of a diverse workforce in facilitating better decision making and business growth. We encourage a variety of differing views, perspectives and insights to create a collaborative working environment. Diversity and Inclusion are fundamental to our business and we encourage applications from all backgrounds recognising the diversity of society and our customers.
It’s important to us that you are able to perform at your best when applying for a role with AEGIS London. If there are any adjustments we can reasonably make to ensure that the process is accessible for you please telephone us on +44(0)20 7856 7856 or email [email protected]
As a business, we understand individual circumstances may differ and aim to be adaptable and to support flexible working practices. Talk to our recruitment team to understand how AEGIS London can help support you in reaching your full potential