Finance Analyst

4 weeks ago

Cebu City, Philippines Arch Global Services (Philippines) Inc. Full time

Hybrid - Cebu | 3-5 Yrs Exp | Bachelor | Full-time

Job Description

The credit controller is responsible for analysis and recording of various credit control transactions, cash collection and monitoring. The candidate will be responsible for their own portfolio of brokers which includes sending statements, preparing reconciliations, liaising with brokers and their finance departments, preparing and generating various reports with a focus on accuracy, timeliness, customer service and the ability to work in a fast paced environment. The candidate will provide support and be part of the Credit Control across London, Manchester and Birmingham.

Responsibilities
  • Record all steps and transactions taken to collect the premium by updating the Online Aged Debt System (CreditSee)
  • Execute daily operational activity for the collection and resolution of outstanding premiums
  • Chase outstanding premiums from Brokers as per the Company Procedure achieving Monthly/Quarterly/Annual KPI
  • Build strong relationships with internal and external stakeholders to progress collection process
  • Manage Credit Control Mailbox – respond to internal and external queries
  • Analyze and identify inconsistencies and recording errors in booked premium transactions. Liaise with internal Underwriting Assistants responsible for the transaction to investigate and ensure prompt resolution of error
  • Meet regularly with internal Underwriting Assistants to review Gap and Escalation Reports. Take necessary actions for resolution of each item
  • Work closely with the Cash Allocation team in respect of identifying cash receipts for Non-Bureau item
  • Assist Cash Postings with the resolution of unallocated cash, providing constructive feedback on issues which have resulted in mis-posting to unallocated cash
  • Contribute to various monthly reports and ad hoc analysis
Skills and Experience
  • General Insurance Credit Control or Cash Allocation background
  • London Market Insurance experience (in particular, Lloyd’s systems LAE, LPC, LORS) is desirable
  • Analytical problem solving approach, ability to identify and analyse problems, creating and implementing solutions, decision making skills
  • Good communication and interpersonal skills. Strong Customer Service Skills. Conversing with external clients
  • Professional in manner and presentation
  • Ability to work unsupervised, prioritise, time management skills and meeting deadlines, pro-active and team player
  • Strong Excel Skills
  • Knowledge of and experience with SSP or IRIS system is a positive but not essential
Education
  • Bachelor's Degree

Please refer to job description.

Working Location

Hybrid - Cebu

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