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Insurance Premium Credit Controller
Ref. JO0000006875

Position Insurance Premium Credit Controller
Sector Insurance Accounts
Location Chelmsford, Essex
Type Permanent
Salary £23K - £25K / Annum
Reference JO0000006875
Summary Insurance Credit Controller

Chelmsford, Essex

Permanent OR 12 month Fixed Term available

£25,000 + benefits package

Working in the Chelmsford office of a global insurance company including a Lloyds syndicate platform. You will support the Lead Credit Controller in the collection of premiums, cash allocation and monitoring of designated accounts to reduce the potential of bad debt through both intermediaries and direct clients.

Collection and Accounting of Due Debt

Through collation and capture of all due premium debt, effect the effective collection of all unpaid premium debt. In doing so identify any cleansing issues and liaising with underwriting units to resolve accordingly. Ensure the collection of all due debt through processes that are in accordance with established collection and escalation guidelines. Ensuring effective allocation / accounting of all debt / cash received.

Debt Monitoring/Analysis

To monitor account specific debt cycles highlighting to the Lead Credit Controller and highlight potential issues, deviances or fluctuations in cycles. Thus assisting in the management of credit risk.


To support the reporting of actual debt / unallocated cash levels / future collectables, with trend analysis results issued across the team and established communication routes. Including but not restricted to: Weekly Underwriter / Binder Manager Updates / DD reports. This will ensure group clarity on debt and cash, issues and cycles.

Relationship Management

Maintain regular communication with internal customers both to report progress and to escalate issues. Represent the company professionally to external intermediaries whether by face to face, phone or e-mail communication.

Project Work

To assist as designated to Credit Risk related projects.

Our client will consider applications from candidates who have some experience within an insurance environment from either a (re)insurance company, syndicate, MGA or broker. This might be bordereaux processing, underwriting assistant or broker technician. Any experience monitoring,collecting of allocating premiums will be considered.

And any knowledge of Lloyds/London market processes and electronic transactions through Lloyds platforms would be ideal, but not essential.

Alternatively, our client will consider an applicant with exptensive credit controll expertese, but not neccessarily from an insurance premiums background.

REF : 6875

MW Appointments is acting as an Employment Agency in relation to this vacancy.
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