Credit Control Manager (Exp in Lloyds London Market)

EXL

8 - 12 years

0 Lacs

noida

Posted:1 month ago| Platform:

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Skills Required

london market credit control

Work Mode

Work from Office

Job Type

Full Time

Job Description

Key Responsibilities:

Monitor and manage premium collections for assigned accounts, ensuring timely receipt of funds.
Liaise with brokers, underwriters, and internal departments to resolve queries and discrepancies.
Maintain accurate and up-to-date records of all credit control activities.
Escalate overdue accounts and initiate appropriate recovery actions, including legal proceedings if necessary.
Prepare and present regular reports on aged debt, collection performance, and risk exposure.
Support the month-end and year-end closing processes with accurate reporting.
Ensure compliance with FCA regulations and internal credit control policies.
Collaborate with underwriting and operations teams to ensure accurate premium allocations and reconciliations.
Assist in the development and improvement of credit control processes and systems.

Skills & Experience:

Proven experience in credit control within the UK insurance.
Familiarity with Lloyds market processes and systems (e.g., DXC, IMR, PPL).
Strong negotiation and communication skills.
High level of accuracy and attention to detail.
Proficiency in Microsoft Excel and financial systems.
Ability to work independently and as part of a team in a fast-paced environment.

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