Credit Control Analyst

at  XL Catlin

IPSWICH, UK

At AXA XL we solve today’s complex risks to drive tomorrow’s innovation. We see our careers with AXA XL as a chance to unleash our potential globally. Cultivate expertise. Collaborate constantly. Analyse deeper. Dream bigger.
This is an exciting and rewarding permanent role ideal for those looking to work within the insurance industry. Joining AXA XL as a Credit Controller is a great foundation step to launch your career within this field. Whether you have some basic credit control experience and are ready to take the next step up, want to change your direction or are looking for your first step on the ladder we have plenty of support available to help you take that next step.
The successful applicant will join the UK Credit Control Team at a particularly exciting time. After a hugely successful last few years, the focus has switched to how we can power the business faster and improve credit control service delivery on behalf of UK underwriters. The role will entail significant collaboration both internally and externally and will offer the candidate an opportunity to learn about the insurance industry and AXA XL.
You will be based in our newly refurbished Ipswich office; however, we are excited to have implemented our Smart Working initiative offering a hybrid way of working, combining both remote and office working.
Ipswich is an idyllic rural location, with good transport links to London and just 20 minutes from the coast. The AXA XL office is easily accessible, only a 10-minute walk from the train station and has the benefit of free onsite car parking as well as a subsidised staff restaurant - we even give our employees an allowance for lunch! We are a short walk from the picturesque waterfront, an ideal place for a lunchtime stroll with colleagues and there are plenty of good restaurants to choose from for a bite to eat on the way home or perhaps before a trip to the local theatre or cinema. Our office is newly refurbished, it’s modern and bright featuring up to date technologies, and plenty of collaboration areas to meet with colleagues to share ideas and get together.
DISCOVER your opportunity

What will your essential responsibilities include?

• The necessity to deliver effective, robust credit control (on a stated portfolio) with consideration of commercial and underwriting relationships
• Demonstrate full ownership and accountability for the investigation, progression and, ultimately, resolution of material cases impacting on (overdue receivables and unallocated cash) metrics
• Provide clear, concise commentary evidencing actions performed for monthly reporting packs and at scheduled debt reviews to be performed by line manager
• Adhere to Credit Control service offering (and associated procedures) following stipulated steps, selecting the applicable method of local MO/AXA Insurance UW and/or Credit Control equivalent contact, alongside broker contact and escalation to line manager
• Provide due diligence to premium differences, and act as a centralised contact point for AIS CPC business, reducing aged debt categories month-on-month.
• Assume responsibility for day-to-day operations between AXA XL designated brokers including monthly reconciliations, query management and escalation of material, overdue premiums
• Contribute significantly to the presentation and delivery of effective underwriting reporting packs, evidencing actions performed and highlighting cases requiring U/W leverage
• Effective liaison with AXA XL colleagues in India and Poland, encouraging process knowledge share and ensuring prompt resolution of any unallocated cash related queries referred to Ipswich
• Ensure competence across all accounting platforms and systems utilised by the Credit Control and AIS team. Ensure full compliance with FIC controls
• Perform periodic reviews of aged premium falling below full-service value thresholds

As the tasks relate to the business placed in the London Insurance Market, you will be trained to fully understand the unique aspects of Lloyd’s and London Company Market processing.
You will report to the Assistant Credit Control Manager.
SHARE your talent

SHARE YOUR TALENT

We’re looking for someone who has these abilities and skills:

• Team player, capable of self-learning and easily able to assimilate within a team environment
• Consistently deliver work of a high standard
• Commitment to providing the highest level of service to our customers, internally and externally
• Build strong relationships with key stakeholders. Develop and maintain good working relationships within the business across functions and at all levels
• Ability to work under own initiative and manage priorities to meet tight deadlines
• Excellent analytical and administrative skills
• Adaptable and flexible approach
• Comfortable with Microsoft Excel and creating reports

• The necessity to deliver effective, robust credit control (on a stated portfolio) with consideration of commercial and underwriting relationships
• Demonstrate full ownership and accountability for the investigation, progression and, ultimately, resolution of material cases impacting on (overdue receivables and unallocated cash) metrics
• Provide clear, concise commentary evidencing actions performed for monthly reporting packs and at scheduled debt reviews to be performed by line manager
• Adhere to Credit Control service offering (and associated procedures) following stipulated steps, selecting the applicable method of local MO/AXA Insurance UW and/or Credit Control equivalent contact, alongside broker contact and escalation to line manager
• Provide due diligence to premium differences, and act as a centralised contact point for AIS CPC business, reducing aged debt categories month-on-month.
• Assume responsibility for day-to-day operations between AXA XL designated brokers including monthly reconciliations, query management and escalation of material, overdue premiums
• Contribute significantly to the presentation and delivery of effective underwriting reporting packs, evidencing actions performed and highlighting cases requiring U/W leverage
• Effective liaison with AXA XL colleagues in India and Poland, encouraging process knowledge share and ensuring prompt resolution of any unallocated cash related queries referred to Ipswich
• Ensure competence across all accounting platforms and systems utilised by the Credit Control and AIS team. Ensure full compliance with FIC controls
• Perform periodic reviews of aged premium falling below full-service value threshold