Starr Insurance Companies is a leading insurance and investment organization, providing commercial property and casualty insurance, including travel and accident coverage, to various businesses worldwide. Founded by Cornelius Vander Starr in Shanghai, China in 1919, we are now one of the fastest-growing insurance organizations, capable of writing in 128 countries across 6 continents.
Roles and Responsibilities
- Chase, allocate (premiums and taxes), monitor, and report overdue premiums to the Credit Control Manager.
- Liaise with local Financial Operations teams and underwriting departments to assist with collection of premiums or renewals of business with outstanding debt.
- Monitor Aged Debt, react to changes and trends, and implement improvements in credit control practices.
- Build and maintain relationships with internal and external stakeholders.
- Interact proactively with European branches regarding allocation and collection processes.
- Assist in producing weekly credit control reports and analyses.
- Manage issuance of monthly statements to brokers and coordinate on outstanding premiums.
- Develop and implement new reports aligned with business and regulatory requirements.
- Help develop credit control systems and understand booking systems.
- Assist in cash collection analysis and manage cash allocations, including investigating unallocated cash.
- Ensure proper declaration, entry, and splitting of taxes for each cash allocation.
- Follow up on outward payments and ensure invoice alignment with allocations.
- Administer lead fee invoices and VAT declarations within the finance team.
Experience and Skills
2-3 years of relevant experience in credit control processes, reconciliation, and arrangements.Experience with Lloyd’s / London Market / Continental Europe processing arrangements.Building and maintaining credit control procedures and systems.Understanding of underwriting processes, controls, and systems.Proficiency in systems & IT, including Eclipse, Vyper, MS Office (Excel, Word, PowerPoint, Outlook).Starr is an equal opportunity employer committed to creating an inclusive environment. We offer training and development opportunities to all employees, aiming to grow our talent and bring out the best in people.
About Us
Starr Insurance is a global insurance and investment organization providing property and casualty insurance solutions. We manage risk and support the profitable growth of organizations in a dynamic marketplace. Join us to be part of our talented and passionate workforce.
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