Mumbai, MH, IN
12 hours ago
Senior Credit Controller

 

Let’s care for tomorrow. 
Your ambitions. Your dreams. Your tomorrow. 

 

At Allianz Commercial, we are the global leader for insuring corporate and specialty risks in the Allianz Group. Whether it’s aircraft, satellites, the world’s biggest ships and tallest building, cyber-attacks, or climate change impacts, we have the major risks covered when it comes to protecting businesses. 

 

Job Purpose / Role: 

The main purpose of this role is to provide accurate accounting administration and cash flows regarding quality, quantity and adherence to delivery dates concerning insurance business with AGCS clients, local brokers, and insurers. Additionally, the role manages payment transactions and bank account reconciliation. 

 

Key responsibilities: 

Coordination, clarification and balancing of unbalanced items and resolution of differences  

Ensure that all accounts receivable / payables are settled and collected as per agreed terms of settlement.  

Identify and analyze all accounts differences  and liaise with Underwriting and the brokers to ensure that all items are booked correctly and differences are resolved in a professional manner and on a timely basis. Establish and maintain an abeyance system.     

Recommend write offs where applicable. 

Processing 

Perform credit control function of Accounts Receivable/Payable and related account reconciliations as assigned.  

Coordination, transfer and reconcilation of data from interfaces of front-end systems. 

Execute settlements with brokers and insurers particularly the control of outstanding balances of AGCS. 

On an ongoing basis, properly account for all collections through timely application in the SAP system, processing ADP files and booking in the GL. Prepare monthly cash, receivable / payable and other account reconciliations and related journal entries. 

Project work as assigned 

Collaboration and Customer Service 

Work collaboratively with other Functional areas (Operations, Accounting, Claims) in establishing processes, booking flows and accuracy completeness controls.  

Work with third party collection agencies as required. 

Maintain a collaborative relationship with external brokers. Provide professional and timely customer service to internal and external customers. 

 

Key Experience / Requirements / Skills: 

 

Required Education/ Experience: 

Graduate Degree. 

Proven understanding of credit control practice and principles. 

Professional experience in reinsurance, P&C insurance and / or asset management. 

 

Required General skills: 

Fluent in English  

Written and verbal communication skills. 

Presentation skills in a various internal and external settings 

Organisational and interpersonal skills 

Business knowledge and professional disposition 


67467 | Finance & Accounting | Professional | Allianz Commercial | Full-Time | Permanent

 

What’s in it for you? 

 

Let’s care about everything that makes you, you 

We are committed to nurturing an inclusive environment where everyone feels they belong.  We offer a hybrid working model, which recognizes the value of striking a balance between in-person collaboration and remote working.  Please feel free to discuss flexible working arrangements with us. 

 

Let’s care for your financial wellbeing 

We believe in rewarding performance with a great compensation and benefits package (details vary by location), including a generous bonus scheme and pension. 

 

Let’s care for your opportunities to progress 

From career development and digital learning programmes to international career mobility, we offer lifelong learning for our employees worldwide and an environment where innovation, delivery and empowerment are fostered. 

 

Let’s care for life’s twists and turns 

From our support for flexible working, health, and wellbeing (including private healthcare and generous parental leave benefits), to helping people return from career breaks with experience that nothing else can teach.  We’ve got your back. 

 

Let’s care for our society and our planet 

With opportunities to be engaged in shaping a future that is safe, inclusive, and sustainable, we care for the tomorrows of our people, our industry, and our clients. 

 

Care to join us? 

Allianz Commercial is a global corporate insurance carrier and part of Allianz Group. We provide risk consultancy, Property-Casualty insurance solutions and alternative risk transfer for a wide spectrum of commercial, corporate and specialty risks across 10 dedicated lines of business.  Learn more about us by clicking here. 

 

Allianz is an equal opportunity employer, and therefore welcomes applications regardless of ethnicity or cultural background, age, gender, nationality, religion, disability, sexual orientation, or any other protected characteristic.  Diversity of thinking is an important part of our company culture. 

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