Credit Control Analyst

We are a fast-growing global reinsurance speciality company servicing the insurance markets of Lloyd’s, Europe and North America.

Due to growth, we are hiring our first Credit Control Analysts reporting to our US-based Claims team, to perform credit control duties on all accounts. Working across our three pillars – London Lloyd’s, Europe and North America, you will assist in processing claim payments, aggregating payments, broker reconciliation, payment reporting and support with any payment queries from brokers / clients in a timely manner.

Responsibilities:

• Collaborate with Claims and Treasury teams relative to the entire payment process from start to finish, including batching payments, and the accounting for and processing of credits and/or incoming cash (recoveries) when appropriate, whilst liaising with original companies as needed.


• Create and monitor vendor / payee accounts, performing sanctions checks during set up and subsequent payments.


• Obtain and maintain W9’s and all other necessary financial documents to facilitate the payment process, coordinating with Tax and Finance departments accordingly.


• Assist in clearing contras and/or offsetting transactions within the claims system.

Candidate requirements:

• Right to work in this location.


• Proven experience in the field of Accounting and/or claims financial processing.


• Solid interpersonal skills, able to work alone or as part of a team.


• Effective communication skills with the ability to develop strong working relationships with both internal and external stakeholders across our 3 pillars.


• Good level of computer skills, with experience of using MS Excel and Word as well as other systems.


• Flexibility to develop knowledge required to deal with new books of business Compre undertake.


• Contributing positively to our culture and values.

Why join us?
At Compre, we offer a range of benefits and team engagement events and provide a supportive environment for learning and growth. We are intent upon building a great business, and over the last few years, we have expanded our markets across Europe, Lloyd's, and North America. Our team is based in Bermuda, Finland, Germany, Malta, UK and the US.

Make an impact in a collaborative environment with some of the best talent in the industry, while enjoying:

• Competitive salary and annual bonus.


• A health and wellbeing subsidy (equivalent to £20 per month in local currency from Day 1).


• A generous pension with IVALIFE at 5% (eligible after probationary period).


• Permanent health insurance (PHI) (subject to the rules of the scheme).


• Health Insurance hospital scheme via MAPFRE Middlesea (from Day 1).


• Generous annual leave plus bank holidays (from Day 1).


• EAP (Employee Assistance Programme) (from Day 1).


• Learning / study support and reimbursement for professional memberships.


• Hybrid working.


• Employee socials and recognition programme.


• Free onsite office parking.

To be considered, you must have the right to work in this location in a permanent role.

Shortlisted candidates will be invited to an interview.

If your application is successful, we will conduct relevant employment checks prior to you beginning employment with us. These will include verifying your recent employment, right to work in the location and a standard criminal record check.

We may close a vacancy early if the required quality or number of applications has been received.
Compre Group - KMP-91597