Credit Controller

Posted 2 Days Ago
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Redhill, Surrey, England
In-Office
Junior
Insurance
The Role
The Credit Controller will manage premium collections, handle reconciliations, support colleagues, and maintain broker relationships as part of the finance team.
Summary Generated by Built In
Who Are We?

Taking care of our customers, our communities and each other. That’s the Travelers Promise. By honoring this commitment, we have maintained our reputation as one of the best property casualty insurers in the industry for over 160 years. Join us to discover a culture that is rooted in innovation and thrives on collaboration. Imagine loving what you do and where you do it.

Job Category
Finance and Accounting

Target Openings
1

What Is the Opportunity?
Travelers Europe is looking for a Credit Controller to join us in our Redhill office!
We are looking for someone with Credit Control experience within the financial services industry or insurance industry is desirable. Working as part of a team, you will collect premium due from our brokers within their credit terms. You will deal with instalment application forms, resolve broker queries that at times might need you to connect with our Underwriters. You will also perform reconciliations.
Travelers Europe currently offers flexibility to employees who wish to work on a hybrid basis in accordance with our Hybrid Work Arrangements Policy. This entails full time employees working three days a week in the office and two days at home (or pro rata for part-time employees). This policy may be changed at the Company’s discretion.

What will you do;

  • Ensure cash is collected from the our brokers within credit terms.

  • Prepare, submit and maintain bad debts sent to Debt Collectors. Attend court / bankruptcy hearings and present evidence as required.

  • Provide support for colleagues on credit control related issues.

  • Agree performance targets and work towards successful achievement.

  • Develop and maintain effective relationships with external contacts and liaise with relevant parties internally on quality of service provided.

  • Ensure that default procedures are adhered to. Liaising with other employees as necessary.

  • When appropriate, establish reasons for and report on discrepancies between Travelers and broker statements.

  • Evaluate information received and communicate as appropriate to all relevant parties.

  • Prepare and send to the brokers, a monthly statement of account.

  • Liaise with the Credit Control Supervisor on any account issue in excess of individual handling authority or outside personal experience.

  • Liaise with overseas partners in the collection of their debt.

  • Accurately record, input, allocate and scan cash received and sent.

  • Perform daily and monthly ledger reconciliations.

  • Process and reconcile cheque and outgoing payment requests.

  • Liaise with Credit Controllers in respect of all cash related data.

  • Any other reasonable duties.

  • As an employee you are expected to act in an ethical manner at all times. You will ensure you understand all compliance and regulatory requirements for your role by completing all necessary training and certifications.

  • As an employee we expect your actions and outcomes will at all times meet local regulatory and supervisory approaches to ensure fair treatment of our customers. You will ensure you keep adequate records of all transactions undertaken with customers, brokers and all other parties.

  • Perform other duties as assigned.

Be Committed, Be Connected, Be Creative and Be Energised – these are the values we are passionate about. Understanding and embracing our values will shape your success and contribute to making Travelers Europe a great place to work.

To be successful, you will need to consistently deliver a great experience in every customer contact; connect with the right partners internally to find creative solutions to problems; be a role model; and consistently deliver on your commitments. 

Minimum Qualifications
  • Previous credit control experience.
Education, Work Experience, & Knowledge
  • Credit control experience within insurance or within a Business to Business (B2B) environment preferred.
  • Good working experience of excel and word.
Job Specific Technical Skills & Competencies
  • Strong analytical skills
  • Good relationship building skills both with internal and external stakeholders
  • Good I.T. System skills
  • MS Office Excel to Intermediate level (pivot tables and look ups)
What Is in It for You?
  • Private Medical Insurance: On commencement of employment, you are eligible for single cover provided by Travelers, with the option to add cover for your dependents, at your expense through payroll deduction.
  • Retirement: Travelers will make a core contribution of a percentage of salary to your Pension Plan. Additionally, if you decide to contribute to the plan, you will receive an increased company contribution.
  • Holiday Entitlement: Start your career at Travelers with a minimum of 25 days holiday entitlement annually, plus the opportunity to purchase additional days to allow for up to a total of 35 holidays per year.
  • Wellness Programme: The Travelers wellness programme is comprised of tools, discounts and resources that empower you to achieve your wellness goals and caregiving needs. In addition, our mental health programme provides access to free professional counseling services and other resources that support your daily life needs.
  • Volunteer Encouragement: We have a deep commitment to the communities we serve and encourage our employees to get involved. Travelers has a Matching Gift and Volunteer Rewards programme that enables you to give back to the charity of your choice.
Employment Practices

Travelers is an equal opportunity employer. We value the unique abilities and talents each individual brings to our organization and recognize that we benefit in numerous ways from our differences. 

If you are a candidate and have specific questions regarding the physical requirements of this role, please send us an email so we may assist you.

Travelers reserves the right to fill this position at a level above or below the level included in this posting.

To learn more about our comprehensive benefit programs please visit http://careers.travelers.com/life-at-travelers/benefits/.

Top Skills

Ms Office Excel
Ms Office Word
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The Company
HQ: New York, NY
35,118 Employees

What We Do

Travelers provides insurance coverage to protect the things that are important to you – your home, your car, your valuables and your business. We have been around for more than 165 years and have earned a reputation as one of the best property casualty insurers in the industry because we take care of our customers, agents, brokers, communities and each other.

Every day, our approximately 30,000 employees and 13,500 independent agents and brokers in the United States, Canada, the United Kingdom and Ireland help provide peace of mind to our customers.

Our expertise and focus on innovation have made us an industry leader and the only property casualty company in the Dow Jones Industrial Average. Our history of advancements has propelled our company, and our industry, to deliver higher standards – from writing the first auto and space travel policies to founding the Travelers Institute for public policy and launching a hybrid car discount.

By minimizing risk, preventing loss and helping our customers prepare for the unknown, Travelers’ comprehensive products and services enable individuals and businesses to feel confident and secure about the future.

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