Full-Time
Technical Accountant & Credit Controller
Confirmed live in the last 24 hours
Markel
1,001-5,000 employees
Specialty insurance and reinsurance provider
Mid
London, UK
Hybrid work model indicated by #LI-Hybrid.
- Strong Insurance knowledge, experience of working in the London Market required.
- Strong credit control experience and demonstrable experience of ensuring that funds are received, reconciled and allocated on a timely basis.
- Be capable of interpreting and analysing contract language & collection documents in order to collect reinsurance recoveries efficiently, being able to confidently question the Reinsurance team & brokers where required.
- You'll be responsible for the Credit Control and collection of reinsurance recoveries, ensuring premiums are settled with brokers and reinsurers.
- Pursuing outstanding reinsurance recoveries to meet targets.
- Maintaining detailed reinsurance ledger summaries using Core Systems.
- Analysing reinsurance documents, slips, endorsements and contractual information.
- Directly liaising with Brokers and Reinsurers outside the London Market Bureau.
- Processing and reconciling LORS and broker statements.
- Generating reports and providing insightful analysis for senior management.
- Upholding a strong commitment to data quality and resolving issues efficiently.
- Participating in various ad hoc projects.
Markel provides specialty insurance, reinsurance, and investment services, focusing on hard-to-place risks in niche markets. Their insurance offerings include coverage for agricultural and equine risks, reinsurance for large enterprises like oil rigs, event cancellation insurance for weddings and concerts, inland marine coverage for fine art, environmental pollution, and insurance for recreational vehicles like yachts and motorcycles. Markel's products work by assessing unique risks and tailoring coverage to meet the specific needs of their clients. Unlike many competitors, Markel emphasizes a culture of integrity, teamwork, and a commitment to understanding customer needs, which allows them to deliver quality service and innovative solutions. The company's goal is to lead in their industry by continuously improving their offerings and fostering an environment where employees can thrive and contribute to the company's success.
Company Stage
IPO
Total Funding
N/A
Headquarters
Glen Allen, Virginia
Founded
N/A
Simplify's Take
What believers are saying
- Recent investments from firms like Lighthouse Investment Partners and Swedbank AB indicate strong market confidence in Markel's growth potential.
- Expansion into new office space in Plano, Texas, reflects Markel's ongoing growth and commitment to increasing its operational capacity.
- Key hires and promotions, such as the appointment of a new Chief Strategy Officer, signal a robust leadership team focused on strategic growth.
What critics are saying
- The specialized nature of Markel's insurance offerings may limit its market size compared to more diversified insurers.
- Expansion efforts, such as those in Asia Pacific, require careful management to avoid overextension and ensure sustainable growth.
What makes Markel unique
- Markel's focus on niche markets like agricultural risks, event cancellation, and inland marine coverage sets it apart from traditional insurers.
- The company's commitment to innovation and flexibility allows it to adapt quickly to market changes, unlike more rigid competitors.
- Markel's global presence and strategic hires in Asia Pacific enhance its ability to serve diverse markets with specialized insurance solutions.
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