About The Role
Team – Life Finance
Working Pattern - Hybrid – 2 days per week in the Vitality Bournemouth Office. Full time, 35 hours per week.
We are happy to discuss flexible working!
Top 3 skills needed for this role:
Good numeracy skills
Good communication and interpersonal skills
Comfortable with working in a fast paced and sometimes challenging environmentWhat this role is all about:
Take the lead within the Credit Control team to monitor and drive down the balance of commission debtors across Life and Health. Liaise with intermediary firms to resolve identified issues and negotiate payment. Take a proactive approach in identifying potential financial risk and report and recommend appropriate risk mitigation to stakeholders. Take ownership of established credit risk mitigation processes and procedures.
Key Actions
Liaising with intermediaries and external and internal stakeholders to recover outstanding commission claw back debt
Ensuring debtors are chased to agreed timescales
Investigating and resolving queries
Prepare and distribute statements and reports
Updating information on the in-house systems
Conducting due diligence monitoring checks on intermediary firms
Making credit recommendations to the Group Distribution Credit Risk and Fraud Senior Manager
Representing Credit Control from time to time at internal and external forums and committees
Supervise and mentor junior members of the teamWhat do you need to thrive?
PC literate with good knowledge of MS Word, Excel, Outlook and transactional accounting software
Sound organisational, communication written and verbal, influencing and interpersonal skills
Understanding of credit control processes and procedures
Ability to identify and assess financial risksSo, what’s in it for you?
Bonus Schemes – A bonus that regularly rewards you for your performance
A pension of up to 12%– We will match your contributions up to 6% of your salary
Our award-winning Vitality health insurance – With its own set of rewards and benefits
Life Assurance – Four times annual salaryThese are just some of the many perks that we offer! To view the extensive range of benefits we offer, please visit our careers page. Fantastic Benefits. Exciting rewards. Great career opportunities!
If you are successful in your application and join us at Vitality, this is our promise to you, we will:
Help you to be the healthiest you’ve ever been.
Create an environment that embraces you as you are and enables you to be your best self.
Give you flexibility on how, where and when you work.
Help you advance your career by playing you to your strengths.
Give you a voice to help our business grow and make Vitality a great place to be.
Give you the space to try, fail and learn.
Provide a healthy balance of challenge and support.
Recognise and reward you with a competitive salary and amazing benefits.
Be there for you when you need us.
Provide opportunities for you to be a force for good in society.We commit to all these things because we want you to feel that you belong, and are supported to be happy and healthy.
About The Company
We're really excited to announce that we have recently been awarded "Top 10 Best Places To Work" in The Sunday Times Awards 2024!
Vitality is a multi-award-winning UK insurance brand, here to make the world a healthier, happier place.
We’ve been a purpose and values-driven business from day 1- long before it became fashionable. Our core purpose is to make people healthier and enhance protect their lives. Vitality pioneered shared-value insurance. We incentivise people to live healthier longer lives – they benefit, our business benefits, and society benefits. We’re successful because we attract, develop, and retain the best people – and because we care.
Plus, you get to join our 1.7+ million members with access to our unique health insurance and healthy living programme. Just to make sure you know our products inside and out.
Diversity & Inclusion
At Vitality, we’re committed to diversity and inclusion because it’s good for our employees, for our business, and for society. We welcome applications from individuals of all backgrounds, experiences, and perspectives.
Vitality’s approach to sustainability
Vitality is a business that drives positive change. We reward people for making and sustaining healthier choices. But healthy people also need a healthy environment. To learn more please visit our Careers page.
If we are fortunate in receiving a high volume of quality applications we may need to close this vacancy early. If you are interested, please submit your application as soon as possible