Credit Risk Specialist
19 hours ago
As a Credit Control Specialist, you will be responsible for analyzing corporate and bank risks, supporting credit control and billing functions, managing client relationships, and resolving complex queries to ensure prompt collection and reconciliation of premiums. If you have relevant experience in the field and possess excellent analytical and communication skills, we encourage you to apply for this challenging role.
Main Responsibilities
- Conduct thorough credit analysis of corporate and bank risks.
- Provide administrative support for credit control and billing functions.
- Manage relationships with clients and brokers to resolve complex queries.
- Evaluate all payments to ensure timely and accurate receipt.
- Take ownership of the ledger and explore all avenues to collect outstanding debt.
- Process, allocate, and notify entities of their respective shares of collections and premiums.
- Identify and document unrecognised cash items experiencing collection difficulties for early escalation.
- Review and reconcile credit control reports and broker statements.
- Maintain strong relationships with stakeholders and provide exceptional customer service.
- Document and maintain procedures, manuals, and user guides.
- Train new starters to ensure awareness of processes and systems.
- Contribute to refining process procedures and systems for continuous improvement.
Required Skills and Qualifications
- Relevant experience in the field is required.
Preferred Qualifications
- Experience in credit control in professional or financial services industry preferably with Elders Insurance or related entity.
- Supervisory experience desirable.
- Strong experience of credit control in a professional or financial services environment, proven success in a changing environment, and experience in a similar role, preferably in a shared service environment.
- Experience working collaboratively with offshore partners desirable.
- Substantial experience in underwriting administration process (Market and Commercial Insurance), and Insurance Credit Control experience in the Market Insurance Industry.
- Some experience in fundamental credit analysis.
- Moderate finance or accounting experience, significant experience in a credit control team, and previous experience in managing a credit control team, within an Insurance environment.
- Experience in the Xchanging process for accounting and settlements, experience within the Insurance industry, proven success in working to deadlines and objectives, and experience in credit control.
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