Credit Controller

CFC Underwriting Limited; Greater London; On-site; GBP 30,000 - 40,000; Full time

Job summary

A leading insurance company seeks a Credit Controller to manage the collection of funds from brokers and handle queries. The candidate should possess strong experience in Credit Control or IBA accounting, preferably in the insurance sector, with skills in multicurrency transactions and stakeholder management. This role emphasizes timely payment collection, relationship building, and analytical problem-solving skills in a fast-paced environment. The company promotes a collaborative and fun work culture.

Qualifications

• Experience in Credit Control or IBA accounting within the insurance sector required.
• Proficiency in handling multicurrency transactions and account reconciliation.
• Ability to manage priorities in a fast-paced environment.

Responsibilities

• Ensure timely collection of funds from brokers.
• Monitor and follow up on debt over 60 days.
• Build strong relationships with brokers for payment resolution.

Skills

Credit Control experience

IBA accounting

Multicurrency transaction familiarity

Excel proficiency

Strong communication

Analytical skills

Problem-solving skills

Organisational skills

Job description

Credit Controller 12m FTC

Department: Finance

Employment Type: Permanent - Full Time

Location: UK - London

Reporting To: Georgina Cottington

Here at CFC we are looking for an experienced Credit Controller to be responsible for the timely collection of funds from brokers, resolution of aged debt and queries, and accurate cash allocation. The role supports departmental targets related to debt levels and unallocated cash, distribution of monthly statements and handling incoming enquiries from brokers, while maintaining strong relationships with both brokers and internal stakeholders. To be considered for this role, you must have experience in Credit Control or IBA accounting within the insurance sector.

About the role

The Credit Controller will be responsible for active credit control, ensuring timely collection of funds from brokers, escalating unresolved debt and initiating actions such as Final Chasers or Notices of Cancellation where necessary. Other responsibilities include but are not limited to:

• Unallocated Cash – Ensuring cash is applied accurately and resolving queries where appropriate.
• Take ownership of queries and resolve issues to reduce aged debt.
• Monitor and follow up on debt over 60 days in line with departmental processes.
• Build strong broker relationships to ensure timely payments and issue resolution.
• Liaise regularly and collaboratively with underwriters and brokers to address overdue premiums and any payment delays.
• Respond to broker enquiries via phone and email.
• Distribute monthly statements.
• Escalate high-risk accounts and provide regular updates on aged debt.
• Provide support to other team members as needed, including assistance with cash allocation during busy periods.

About you

To be considered for this role, you must have experience in Credit Control or IBA accounting within the insurance sector.

• Familiarity with multicurrency transactions and account reconciliation.
• Proficiency in Excel preferred.
• Strong communication and stakeholder management.
• Analytical and detail‑oriented with good problem‑solving skills.
• Organised and proactive; able to manage priorities in a fast‑paced environment.
• Collaborative team player with a flexible approach.
• Ability to work independently and manage a high‑volume workload.

Core Values

Love what you do: We show up each day ready to take on the world. Our passion and intensity set us apart and make the difference to our colleagues, customers, brokers and carriers.

Challenge everything: We’re never afraid to question the way that things are done and we constantly challenge ourselves and others to make things better.

Have fun, be good: Insurance is a serious business, but we don’t take ourselves too seriously. We make it fun to work at CFC, we welcome all viewpoints, and we treat everyone how we would expect to be treated.