Job Description

Primary Details Time Type: Full time

Worker Type: Employee

• To manage and working with business units who are responsible for collecting, settling and allocating debtor and creditor transactions.
• Responsible for the day-to-day running of the Credit Control unit, ensuring effectiveness and efficiency of the workflow is maintained and debt balances are maintained at healthy level.
• MTP & Broking Portfolio and Handler.

Responsibilities:

• Awareness and understanding of the annual business plan for the Division(s) your role supports.
• To own and be accountable for Credit Control Business Plan.
• Take ownership of the ledger and ensure that all avenues are explored to collect any outstanding debt.
• Analyze all credit control related data (inwards or outwards, closed or unclosed), identifying problem areas and acting on those problems accordingly.
• Monitor, process and allocate all cash receipts (RI collections and Premiums) within agreed timelines.
• Input and monitor data to ensure database information is current and accurate.
• Track potential and future bad debtors and cash collection issues to ensure that each entity maximizes any recovery.
• Identification, reconciliation and clearance of unallocated cash amounts.
• Referral of inwards or outwards technical queries back to the underwriting teams or outwards R/I team as appropriate.
• Identify and document all unrecognized inward cash or items that are experiencing collection difficulties to ensure these are escalated at the earliest opportunity.
• Instill and supervise a process that ensures the timely and accurate collection of unsettled debt to achieve effective credit control.
• Ensure appropriate, concise and timely reports are produced to support and compliment the business plan objectives and measure the current position against their requirements.
• Monthly review and reconcile debtors reports and periodical review of trade reconciliation for brokers / co-insurer/reinsurer statements to provide accurate management/financial information.
• Provide accurate and timely recommendation on instalment and settlement packs to superior to support and inform decision making.
• Generate a detailed quarterly report of the business units performance and achievements and theareas for concern, to support and inform decision making.
• Set targets and regularly monitor individual business units progress to support achievement of targets and quality of the service within specified levels.
• Support the continuing personal and professional development of all team members in line with their PMP and PDPs.

Requirement:

• 7+ years finance or accounting experience with Significant experience of working in a credit control team
• Previous experience of managing a credit control team is desirable
• Experience within Insurance environment
• Data handling and manipulation and problem solving and decision making skills.

Application Close Date: 29/06/2023 11:59 PM

How to Apply:

To submit your application, click "Apply" and follow the step by step process.

Equal Employment Opportunity:

QBE is an equal opportunity employer and is required to comply with equal employment opportunity legislation in each jurisdiction it operates.

QBE Insurance