Job Description
NorthStandard is a specialist marine and energy insurer and a member of the International Group of Protection and Indemnity clubs, owned by its shipowner members and controlled by a board of directors drawn from its membership.
In 2023, Standard Club and North of England successfully completed a merger to form NorthStandard , one of the world’s leading and most influential P&I clubs. Employing around 650 people globally, we provide an unmatched depth and breadth of expertise to our members.
The accounts receivable team is looking to recruit a highly motivated, team-orientated person to work within a busy team with specific responsibility for the allocation of daily cash receipts and chasing for outstanding premiums for the Club’s Offshore & Renewables sector based in London.
The ideal candidate will take responsibility for day-to-day tasks to achieve the credit control collection targets.
What will you be doing?
Your main duties will include but are not limited to:
- Investigating and reconciling payments received from Brokers and Members from around the globe to identify the correct premiums to be applied to the payment.
- Importing bank files to our financial systems and assigning online receipts to the accounts receivable teams.
- Working closely with Underwriting Assistants and Underwriters to resolve issues surrounding unallocated payments in conjunction with other members of the credit control team.
- Chasing debts by telephone and email (these debts may be due from brokers or directly insured clients).
- Attend a weekly Sector meeting to flag any potential bad debtors to the team and advise of any significant debts cleared.
- Attending quarterly meetings with the Sector Head and the Finance team to agree action for debt over 90 days old.
- Dealing with both internal/external queries in a timely manner.
- Arranging payments for any credit refunds required.
- Monitoring the debt position of the Offshore & Renewable Sector members and providing reports on member debt to the Head of Sector (and their reports) at short notice.
We’re looking for someone who genuinely enjoys what they do and have a determined ‘can do’ attitude.
Essential Skills/Qualifications/Experience
- Numerate
- Must have the ability to check own work for accuracy before passing on for review
- Ability to prioritise and meet deadlines
- Good knowledge of Excel
- Problem-solving capabilities
Desirable Skills/Qualifications/Experience
- Previous experience using Sun 6 or other accounting packages
- Meticulous attention to detail
- Previous experience of working in an accounting team
In return we’ll offer you:
- The opportunity to enhance the Finance team and to help deliver our goals.
- The opportunity to learn new skills and develop your career.
- An open and flexible team environment.
- A competitive salary and generous benefits package.
Our Workplace Culture
We are committed to providing a supportive environment that welcomes people from all backgrounds – where your views are encouraged to find a voice, and your unique talents have the space to thrive.
Our people-led culture gives you the power and choice to shape your career and aspirations as you choose – enabling you to be the best you can be, bring out the best in us, and truly make a difference.
As a socially responsible global business, we give back to the local communities we work with and within. We are committed to greener, ethical, sustainable internal practices, while using our influence to help drive external change – benefitting people, performance and the planet.
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