Senior Credit Controller

Posted 18 Days Ago
Be an Early Applicant
London, Greater London, England, GBR
In-Office
Senior level
Insurance
The Role
Manage premium collection for Syndicate 1183, escalate and resolve broker queries, maintain credit control processes and tracking in Spectrum, liaise with underwriters and brokers, and support the Head of Credit Control to ensure timely premium payments and accurate records.
Summary Generated by Built In

Join us Senior Credit Controller to take your career to the next level with a global market leader.

 

Make your mark in finance

Talbot is an international insurer and reinsurer operating within the Lloyd’s market through Syndicates 1183 and 2019. We have been part of AIG since 2018 and our ambition is to be AIG’s Centre of Excellence at Lloyd’s.  Headquartered in London, Talbot has offices in New York and Singapore and over 300 people working across these three locations.


How you will create an impact


  • Responsible for the collection of premium for Syndicate 1183
  • Manage the escalation process to ensure debt collection and query resolution
  • Investigate and resolve queries with Brokers to enable the business to maintain an accurate record of the outstanding premium position
  • Ensure all broker statements and Notice of Cancellation’s are circulated where appropriate
  • Liaise with the associated underwriting team to ensure their records are updated to reflect any amendments as required
  • Responsibility for raising and monitoring query flow in Spectrum between relevant business areas
  • Maintain local procedures and process notes for the Credit Control team
  • Collect and produce activity tracking for the Credit Control team
  • Establish professional working relationships and collaboration with internal business partners
  • Regularly liaise with external parties including brokers, and underwriters. Establish good working relationships to ensure targets and objectives are achieved in the payment of premium in a timely manner
  • Work with the Head of Credit Control to find solutions to problems arising out of credit control
  • Where required, escalation of matters to the Head of Credit Control.

What you’ll need to succeed


  • Experience of working within a Credit Control department
  • A good understanding of underwriting and underwriting operations
  • Understanding of Slips, associated endorsements and closings
  • Premium calculation from broker documentation
  • Experience in all matters relating to underwriting in terms of process, procedure and compliance would be an advantage
  • Knowledge of Lloyd’s operational processes and systems
  • An understanding of operational and Lloyd’s premium processes and market documentation
  • Knowledge of Velonetic Lloyd’s Account Enquiry, Tracker and IMR Systems
  • Understanding of premium calculation from broker documentation
  • Computer literate: MS Office, Excel (pivot tables and vlookups)
  • Lloyds market settlement process and bureau arrangements knowledge 

Ready to take your career to the next level? We would love to hear from you.


#LI-AIG


At AIG, we value in-person collaboration as a vital part of our culture, which is why we ask our team members to be primarily in the office. This approach helps us work together effectively and create a supportive, connected environment for our team and clients alike.

Enjoy benefits that take care of what matters

At AIG, our people are our greatest asset. We know how important it is to protect and invest in what’s most important to you. That is why we created our Total Rewards Program, a comprehensive benefits package that extends beyond time spent at work to offer benefits focused on your health, wellbeing and financial security—as well as your professional development—to bring peace of mind to you and your family.

Reimagining insurance to make a bigger difference to the world

American International Group, Inc. (AIG) is a global leader in commercial and personal insurance solutions; we are one of the world’s most far-reaching property casualty networks. It is an exciting time to join us — across our operations, we are thinking in new and innovative ways to deliver ever-better solutions to our customers. At AIG, you can go further to support individuals, businesses, and communities, helping them to manage risk, respond to times of uncertainty and discover new potential. We invest in our largest asset, our people, through continuous learning and development, in a culture that celebrates everyone for who they are and what they want to become.

Welcome to a culture of inclusion

We’re committed to creating a culture that truly respects and celebrates each other’s talents, backgrounds, cultures, opinions and goals. We foster a culture of inclusion and belonging through learning, cultural awareness activities and Employee Resource Groups (ERGs). With global chapters, ERGs are a cornerstone for our culture of inclusion. The talent of our people is one of AIG’s greatest assets, and we are honored that our drive for positive change has been recognized by numerous recent awards and accreditations.

AIG provides equal opportunity to all qualified individuals regardless of race, color, religion, age, gender, gender expression, national origin, veteran status, disability or any other legally protected categories.

AIG is committed to working with and providing reasonable accommodations to job applicants and employees with disabilities.  If you believe you need a reasonable accommodation, please send an email to [email protected].  

Functional Area:

FA - Finance

Talbot Underwriting Services Ltd (TS1)

Skills Required

  • Experience of working within a Credit Control department
  • Good understanding of underwriting and underwriting operations
  • Understanding of slips, associated endorsements and closings
  • Premium calculation from broker documentation
  • Experience in underwriting process, procedure and compliance
  • Knowledge of Lloyd's operational processes and systems
  • Understanding of operational and Lloyd's premium processes and market documentation
  • Knowledge of Velonetic Lloyd's Account Enquiry, Tracker and IMR Systems
  • Computer literate: MS Office, Excel (pivot tables and vlookups)
  • Knowledge of Lloyds market settlement process and bureau arrangements

AIG Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about AIG and has not been reviewed or approved by AIG.

  • Retirement Support Retirement offerings are positioned as a standout, with 401(k) company contributions and matching described as substantial. Financial-security features like life and disability coverage and related assistance programs reinforce the retirement value of the package.
  • Healthcare Strength Health benefits are framed as comprehensive, spanning physical and mental health support alongside common medical, dental, and vision coverage. Wellness programming and EAP-style resources are presented as part of a broad health and wellbeing approach.
  • Leave & Time Off Breadth Time-off provisions are described as extensive, including paid time off, paid sick days, and additional leave options. Volunteer time off and sabbaticals further expand the overall time-away offering.

AIG Insights

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The Company
HQ: New York, NY
49,681 Employees
Year Founded: 1919

What We Do

We're a leading global insurance organization with operations in more than 80 countries and jurisdictions. We provide a wide range of property casualty insurance, life insurance, retirement solutions, and other financial services to support our clients in business and in life through our General Insurance, Life & Retirement and Investments business units. What unites us across all of these offerings is our commitment to helping individuals, businesses and communities prepare for and respond to times of uncertainty. Whether serving those facing natural disasters or millions of Americans striving for a financially secure retirement, we have the specialist expertise to help clients better manage risk. We’re also committed to doing the right thing for our people and the communities where we work and live. It’s why we seek to offer what matters to our ever-diversifying team - like flexible and creative work environments, professional growth opportunities and forums to advocate for one another and incite change. We encourage employees to give back to the causes they care most about, supporting these efforts through our Volunteer Time Off and Matching Grants Programs. Join us as we share our stories from around the organization. #LifeatAIG AIG Social Media Community Guidelines: https://www.aig.com/communityguidelines Facebook: http://www.facebook.com/AIGInsurance Twitter: http://twitter.com/AIGinsurance YouTube: http://www.youtube.com/aig

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