Accounts Receivables Analyst – Open Market & Facilities & Treaty

General:

Job Title: Accounts Receivables Analyst – Open Market & Facilities & Treaty (F&T)

Key Relationships: Internal: Underwriting, Claims, Finance and Operations Teams

External: Davies Group, Brokers

Key Responsibilities & Job Summary:

• Account management of the Facilities & Treaty ledger.
• Account management of the Ki platform.
• Reduction of debt on the Open Market ledger.
• Liaison and account management of the Top Twenty Brokers by value.
• Liaison and management of certain category risks.
• Strong liaison with internal and external stakeholders.
• Active management of internal and external queries.
• Assist in managing the current debt along with backlog of legacy debt.
• Investigate the validity of the legacy debt.
• Assist in driving process improvement.
• Assist in the development of the department, creating a high level of trust and respect within the business.
• Maximise our cash flow through the resolution of queries and the maintenance of strong relationships.
• Analyse and report on various projects within the scope of the F&T and Open Market debt.
• Create awareness within the business to prevent the renewal of premiums and issue of claims against unpaid premiums.
• Identify the issues which prevent signings.
• Liaise with Davies and support the pro-active and swift collection of payments.
• Preparation of any reporting requirements for the Open Market Senior Credit Control Manager
• Ensure that appropriate standards complied with.
• Use business knowledge and understanding of credit control processes to propose improvements and enhancements as appropriate.
• Support new functionality User Acceptance Testing (UAT) as required.

• Develop meaningful and strong working relationships with Business Partners, Brokers and key stakeholders across the Group.
• Adopt the Beazley culture of being Bold, Striving for Better, Doing the Right Thing. Contribute to building an internal environment of teamwork that promotes a positive brand image to our external customers.
• Ensure that you uphold the Beazley principle of Treating Customers Fairly and Conduct.

Personal Specification:

• Education and Qualifications
• Educated to minimum A level or equivalent.
• CICM level 3 qualification advantageous.
• CII level 3 qualification advantageous.
• Skills and Abilities
• Accurate and numerate.
• Strong Excel and reconciliation skills.
• Meticulous, analytical, strong attention to detail.
• Able to handle large amounts of data whilst maintaining accuracy and quality.
• The ability to manage time, meet deadlines and prioritise.
• Strong communicator, able to communicate effectively both verbally and in writing with internal and external stakeholders.
• Self-motivated, able to work on own initiative and use problem solving skills to proactively resolve issues.
• Ability to work independently.
• Knowledge and Experience
• Experience and knowledge of insurance processes essential.
• Credit Control/collection experience in the London Insurance Markets essential.
• Experienced and knowledgeable regarding Lloyds of London.
• Experience and knowledgeable regarding Velonetic processes and platforms including:
• Lloyd’s Account Enquiry
• IMR Platform
• Tracker
• Familiar with Blueprint Two Digital Platform concept.
• Familiar with accounting principles.
• Advanced knowledge of Excel.
• Computer skills – good working knowledge of MS Office service suite.
• Aptitude and Disposition
• Outcome focused; self-motivated and enthusiastic.
• Professional approach to successfully interact with internal service company teams (underwriters, underwriting assistants, business managers and finance) as well as external contacts, in particular brokers and partners.
• Ability and willingness to roll up sleeves and get involved in detail.
• Ability to interact with individuals at all levels of the company.
• Investigative nature and problem solver.