Credit Controller

Starr Insurance Companies is a leading insurance and investment organization, providing commercial property and casualty insurance, including travel and accident coverage, to almost every imaginable business and industry in virtually every part of the world.
Cornelius Vander Starr established his first insurance company in Shanghai, China in 1919. Today, we are one of the world’s fastest growing insurance organizations, capable of writing in 128 countries on 6 continents.

Role Purpose:

To assist in the collection of all outstanding monies owed to the Company in a timely manner, present detailed analysis to the Credit Control Manager on a weekly basis, assist in the production of reports and analyses concerning the Company and syndicates in line with the Company’s regulatory requirements. 

Roles and responsbilities:

• Chase, monitor and report upon overdue premiums to the Credit Control Manager.
• Liaise with the underwriting departments, where required, to assist with collection of premium or renewals of business with outstanding debt.
• Make use of X-changing systems and reporting to ensure Brokers are continuing to settle to the business in accordance with the rest of the Lloyds Market.
• Monitor Aged Debt and react to changes and trends both internally and externally.
• Identify gaps in credit control practices and systems, implementing measures for improvement and documenting updated credit control procedures.
• Build and retain relationships with external and internal stakeholders. Assist in the production of weekly credit control reports and analyses for Starr companies and syndicates. Manage the issuance of monthly statement to the brokers and coordinate with the business regarding outstanding premiums. Assist in the development and implementation of new reports in line with Company’s business and regulatory requirements, as required. Produce weekly reports for the analysis of cash collections. Produce monthly reports for overdue premiums and monitor. Assist with and investigate any directly received cash in the bank accounts to establish allocation to policies. Ensure all agreements are processed according to the company’s compliance, regulatory and legal obligations. Report any suspicion of financial crime to the Money Laundering Reporting Officer immediately. Manage any potential conflicts of interest to avoid disrepute to the company’s integrity. Advise Compliance of any complaints immediately. 

Starr is an equal opportunity employer, which means we'll consider all suitably qualified applicants regardless of gender identity or expression, ethnic origin, nationality, religion or beliefs, age, sexual orientation, disability status or any other protected characteristic. We recruit and develop our people based on merit and we're committed to creating an inclusive environment for all employees. We offer first class training and development opportunities to all employees. Our aim is to grow our own talent and bring out the best in people.