Job Title: Surety Credit Controller
Reporting to: Finance Operations Team Leader
Position Type: Permanent, full time
Overview
Why Tokio Marine HCC?
Standing still is not an option in the current world of Insurance. TMHCC are one of the world’s leading Specialty Insurers. With deep expertise in our chosen lines of business, our unparalleled track record and a solid balance sheet, TMHCC evaluates and manages risk like no one else in the industry. Looking beyond profit, empowering our people and delivering on our commitments are at the core of our customer values, and so is a desire to grow and provide creative and innovative solutions to our clients.
The Finance Operations team (“Fin Ops”) sits within International Finance responsible for delivering quality internal and external outputs to all stakeholders within a controlled framework for insurance Technical, Cash, Treasury and Expense Accounting activities. A vital part of our Operations are managing debt levels, and the resident Credit Controller for the Professional Indemnity (PI) Team will have a key role in ensuring and overseeing this.
Job Purpose
As Credit Controller for the Surety Team, the successful candidate will be required to oversee all levels of debt and maintain our ledgers within Company expectations and goals.
Key Responsibilities
- To manage and maintain credit control for Surety bonds and any other outstanding debt, focusing on reducing the debt on a monthly basis.
- Produce and send statements on a monthly basis for all outstanding Surety debt and liaise with the bond teams to resolve outstanding queries.
- Assist in allocation of bordereau cash for Deputy bonds; ensuring queries are resolved in a timely manner.
- Minimise unallocated cash for Surety and share findings with management on a regular basis.
- Monthly management information reporting for Surety aged debt and unallocated cash.
- Carry out month end duties including balance sheet reconciliations and journals.
- Provide support to the team, wider business and external clients regarding general queries.
- Adhoc duties as required by management including providing support when colleagues are on annual leave/sickness and assisting in projects.
Skills And Experience Specification
- Accounting technical knowledge
- Track record of credit and aged debt reduction
- High level of attention to detail
- Experience of cash allocation and pro-actively minimising unallocated cash
- Positive, can-do attitude
- Problem solving ability and query resolution abilities
- Good communication skills
- Excellent organisational skills
What We Offer
The Tokio Marine HCC Group of Companies offers a competitive salary and employee benefit package. We are a successful, dynamic organization experiencing rapid growth and are seeking energetic and confident individuals to join our team of professionals. The Tokio Marine HCC Group of companies is an equal opportunity employer. Please visit www.tmhcc.com for more information about our companies.
The Tokio Marine HCC Group of companies is an equal opportunity employer. Please visit www.tmhcc.com for more information about our companies.