Time Type:
Full timeWorking Pattern:
HybridPurpose of the RoleAEGIS 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
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 inclusiveWe 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.
AmbitiousWe 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 betterWe 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 potentialWe 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
Skills Required
- Previous experience working within the Lloyd’s market
- Working-level understanding of the premium settlement cycle for Delegated Authority business
- Familiarity with Lloyd’s binding authority format and key terms and conditions from a premium credit control perspective
- Familiarity with the Insurers' Market Repository (IMR), including maintenance of policy documentation and settlement details
- Proficiency in Microsoft Excel, including IF statements, lookups, and PivotTables
- Proficiency with dashboard analytics using Power BI
- Ability to work independently and as part of a team
What We Do
Your risks, our resourcefulness. In an increasingly complex and volatile world, brokers and clients are looking for risk transfer partners who are accessible, resourceful and there for the long haul. At AEGIS London, our structure and our mindset mean that our resources are an excellent match for your risks. We’re here to find solutions – our underwriters are available and empowered to try their very hardest to find a way to say yes. We’re here for your future – the fact that we are privately-owned means that we take long term decisions about the business we do. We’re here for you – collaboration is a cornerstone of our culture, our policies and our claims handling. We believe in operating for the mutual benefit of all our business partners. Today, AEGIS London writes a diversified book of business through Syndicate 1225 at Lloyd’s where, year after year, we’re ranked in the top quartile for performance. Our underwriters are recognised as leaders in many of the classes in which we operate.
