Credit Control Manager
This position has the responsibility for all credit control matters in Singapore relating to the operation of the service company for premium and claim allocations. This position is well suited for someone with accounts receivable experience in the insurance industry.
Key Responsibilities
Responsible for Syndicate financial technical accounting for premium and claims.
Oversees timely, accurate allocation of premiums collections by handling queries, monitor and expedite collection of brokers’ outstanding balances, and preparation of credit control reports giving updates on collections for management review.
Coordinate on signings and Subscribe bookings with Finance to validate booked premium
Ensure timely and accurate preparation of internal technical reports such as monthly written and paid premium/claims bordereau to London.
Responsible for premiums collections by handling queries, monitor and expedite collection of brokers’ outstanding balances, and preparation of credit control reports giving updates on collections for management review.
Preparation of ledger entries relating to premiums and claims.
Maintain strong internal controls over credit processes; ensure documentation and testing readiness
Build a strong working relationship and strong working processes to ensure smooth communication between the Singapore, Australia and London offices.
Lead the team of Credit Controllers, ensuring high standards of accuracy and efficiency on credit control matters.
Coach and develop a high-performing team; set clear objectives and cadence
Support Management on any ad hoc duties.
Skills & Experience
Knowledge or experience in various Direct and Facultative Insurance classes of business would be advantageous.
Knowledge in Lloyd’s business and operations would be advantageous.
Experience in accounts receivable and payable, bank reconciliations and cash accounting.
Computer literate.
Proficiency in Microsoft Excel.
Experience with SUN Accounting systems and Subscribe policy administration system advantageous.