Technical Accountant & Credit Controller

City, London
Markel
Do you have experience working in the London insurance market within Credit Control / Accountancy? Help support our Wholesale Business Accounting team here at Markel. What part will you play? If you re looking for a place where you can make a meaningful difference, you ve found it. Because, at Markel, the work you do gives people the confidence to move forward and seize opportunities. Whether you re wild about horses, bananas for boats or driven by data, you ll find your fit amongst our global community of optimists and problem-solvers. We re always pushing each other to go further because we believe that when we realise our potential, we can help others reach theirs. Join us and play your part in something special! The opportunity: We are looking for a Technical Accountant Credit Controller to work within the Credit Control Team. Responsible for ensuring monies are received and settled on a timely basis, in accordance with expected income and contractual terms. The successful person will need to understand the insurance slip and peer check this contractual information in core systems before chasing funds. You ll be confident questioning underwriters and brokers over contractual content. The ultimate goal is to minimize the aged debt position whilst maintaining accurate records and accounts. The person would be expected to analyse their own accounts and reports in order to achieve individual and team targets, and fully contribute to the overall success of the department and organisation. What you ll be doing: Responsibility for your own class portfolios across Transport, Logistics and Marine Liability Following risk creation, take complete responsibility for the end to end process of all risks within scope, peer checking Underwriting information to be confident of its accuracy Analyse slips, endorsements and contractual information to confirm accurate capture of premium, instalments, deductions, tax and settlement due dates, liaising with the Underwriting Support Team, Underwriters and brokers as required Liaise directly with Clients, Cover Holders, Brokers and MINT overseas offices for business transacted outside of the London Market Bureau Chase for receipt of debt in line with terms of trade, internal targets and best practice. Liaise with the appropriate internal departments, Underwriters and external parties in order to achieve this Maintain a detailed summary of your current work status at risk level utilising Core Systems to do so and create a diary system to actively monitor your portfolio Ensure bureau signings and broker statements (or their equivalent) are received, reviewed where necessary and accurately processed. Liaise with Underwriters, Brokers and Xchanging to efficiently resolve any queries which arise, arranging settlement of monies and allocate cash in accordance with contractual terms, internal targets and quarterly deadlines Provide reports, analysis and commentary which will form part of the Team s quarterly reporting presentation pack to senior management. In addition provide details to support discussion with Underwriters and scheduled management meetings Exhibit a commitment to data quality. Resolve issues as they arise, ensuring any changes are appropriately documented and communicated Our must haves: Knowledge of insurance and experience of working in the London Market is required Credit control / accountancy experience and a proven record of ensuring that funds are received, reconciled and allocated on a timely basis Capable of interpreting and analysing contract language in order to collect premium efficiently, being able to confidently question Underwriters & brokers over contractual content Experience of effectively managing and manipulating high volumes of data and the ability to create concise, accurate reporting to supply a pertinent interpretation of the results Strong numerical and analytical skills Good working knowledge of Excel, and be a competent user of MS Office; experience of using Eclipse would be advantageous and aptitude to learn in-house software is essential We would look at someone from a broker / syndicate background with limited experience as long as you have an understanding of the London insurance market Who we are: Markel Corporation (NYSE MKL) a Fortune 500 company with over 60 offices in 20+ countries, is a holding company for insurance, reinsurance, specialist advisory and investment operations around the world. We re all about people We win together We strive for better We enjoy the everyday We think further What s in it for you: A great starting salary plus annual bonus & strong benefits package 25 days paid holiday plus Bank Holidays, with the opportunity to buy / sell extra leave Fantastic company pension scheme, private medical and dental cover, life assurance, travel insurance cover, income protection, season ticket loan as well as other great benefits on offer There are countless opportunities to learn new skills and develop in your career and we can provide the support needed to do just that! Are you ready to play your part? Choose Apply Now to fill out our short application, so that we can find out more about you. Markel celebrates the value of a diverse workforce that brings experience and expertise from a wide variety of backgrounds and life circumstances. Whatever your background, if you feel you meet the requirements of this role then we want to hear from you. We are also happy to consider candidates who are looking for flexible working patterns. We are an equal-opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, colour, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status. We will ensure that individuals with disabilities are provided with all reasonable accommodations to be able to participate in the job application or interview process and to perform essential job functions if successful. Please contact us to request any accommodations that may be needed