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Position:
Finance Analyst- Junior/Credit Control Assistant
Entity/Business Unit:
Arch UK Finance- Cash Management and Credit Control
Job Description
Junior Finance analyst is responsible for collection, organization, interpretation, scrubbing, documentation and dissemination of complex data sets.
It is key to be flexible as the tasks may change and be added to. It will be key to contribute to the continuous improvement of our processes and it will be expected that the analyst will bring ideas to the Arch team by utilizing their expertise or previous experience.
Tasks/Responsibilities
- Process bureau settlement into IRIS and process cash allocation.
- Create front sheets and process cash allocation for non-bureau premium .
- Join special projects within Finance to be cross-functional
- Communicate directly with Underwriters and Brokers for complex accounts.
- Execute daily operational activity for the collection and resolution of outstanding premium.
- Chase outstanding premiums from Brokers as per the Company Procedure achieving Monthly/Quarterly/Annual KPI’s.
- Build strong relationships with internal and external stakeholders to progress collection process.
Requirements
- General Insurance Credit Control and/or Insurance cash application background.
- London Market Insurance experience (in particular, Lloyd’s systems LAE, LPC, LORS) is desirable.
- Analytical problem-solving approach, ability to identify and investigate problems, creating and implementing solutions, decision making skills.
- Good communication and interpersonal skills. Sound customer service skills. Conversing with external clients.
- Good attention to detail.
- Professional in manner and presentation.
- Ability to work unsupervised, prioritise, time management skills and meeting deadlines, pro-active and team player.
- Knowledge of and experience with IRIS system is a positive but not essential
Education
- Bachelor’s degree
Do you like solving complex business problems, working with talented colleagues and have an innovative mindset? Arch may be a great fit for you. If this job isn’t the right fit but you’re interested in working for Arch, create a job alert! Simply create an account and opt in to receive emails when we have job openings that meet your criteria. Join our talent community to share your preferences directly with Arch’s Talent Acquisition team.
10400 Arch Global Services (Philippines) Inc.
Skills Required
- General insurance credit control and/or insurance cash application background
- London Market insurance experience, particularly with Lloyd’s systems LAE, LPC, and LORS
- Analytical problem-solving, investigation, solution development, and decision-making skills
- Good communication, interpersonal, and customer service skills
- Good attention to detail
- Professional manner and presentation
- Ability to work unsupervised, prioritize, manage time, meet deadlines, and work proactively as part of a team
- Knowledge of and experience with the IRIS system
- Bachelor’s degree
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What We Do
Arch Capital Group Ltd. (Arch Capital or ACGL), a Bermuda public limited liability company, writes insurance and reinsurance on a worldwide basis through operations in Bermuda, the United States, Canada, Europe and Australia, with a focus on specialty lines. Arch Capital Services LLC is owned by ACGL and provides corporate, legal and other support services to Arch Capital. ACGL provides insurance, reinsurance and mortgage insurance on a worldwide basis through operations in Bermuda, the United States, Canada, Europe, Australia and Hong Kong.
