Senior Technical Accountant - 6 month FTC

Senior Technical Accountant - 6 month FTCLondon |Fixed Term Contract - Full TimeAbout usHDI Global is part of the Talanx Group, one of the world’s largest insurance groups and a leader in the delivery of global insurance solutions for corporate businesses.For over 100 years, HDI’s 3,000 employees around the world have offered a broad and needs-based range of insurance solutions and accompanying services to clients across a variety of industries. With a presence in over 150 territories, we are everywhere our clients need us to be.The credit control team is a friendly hard working team of 8 within the wider Finance team. The roleTo carry out all aspects of insurance credit control for the UK and Ireland branch.To support the Financial Controller and the credit control team with technical knowledge, training and in depth team technical tasks.Develop knowledge and regularly produce accurate team debt reports (weekly and quarterly)Act as team representative within the branch.Key accountabilitiesDevelop the synchronization and collaboration with the key significant brokers to facilitate the timely collection of debtSupport the Technical accountants within the team to resolve queries and provide in depth knowledge to ensure best practices are met.To accurately process all cash amounts to the appropriate ledger, having agreed the items with the relevant third party. This includes brokers, co-insurers, reinsurers and other third parties, such as loss adjusters etc.To correctly allocate all cash against the respective debt entries on the ledgers (including in the HDI GNP) and to be able to reconcile any balance due to/from the third party to the third party statements.Develop knowledge to promptly and proactively investigate any settlement or accounts queries on the ledgers, liaising with the underwriters, operations technicians and claims teams as appropriate to resolve the queries.To issue accurate and timely statements of account to all third parties, as required in order to facilitate prompt settlement of balances.To process accurate cash entries/journals onto the appropriate ledgers, in order to ensure up-to-date statement of accounts are maintained . This will include various inter-company accounts as well as those of third parties.To operate best practice credit control procedures in order to ensure Terms of Trade are met.To proactively participate in topics or other initiatives designed to improve the effectiveness or efficiency of the credit control department.To undertake any other tasks as requested by the Financial Controller in order that the team achieve its objectives.Skills & experienceStrong knowledge of insurance and the terminologies used, across all lines of business.Good interpersonal skills - comfortable with phone & face to face discussions with customers, underwriters, brokers & other internal technicalExperience of working with credit control teams & understanding their requirementsAble to organise own workload effectively to meet serviceDeadline focused; able to work under pressure to meet tight deadlinesCompetent user of Excel & WordSystems knowledge, experience of using various company bespoke systems to extract dataOther As an equal opportunities employer, we are committed to creating an
inclusive environment for all employees , recognising that a diverse and inclusive workplace is a creative and prosperous one.
At HDI, we empower our people to determine ways of working that best suit their role and lifestyle. We encourage our people to work with their managers to agree how best to structure their workload and routines to ensure everyone gets the most out of work. We call this frameworksmart@HDI If you require support with your application, please contact UK&#####
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