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Credit Controller

On-site in Madrid·Full-time·Added 1 month ago

Still open when we checked on 24 Sept

Munich Re

15 open roles

Overview

Job details

  • Full-time

    Per the ad.

Requirements

  • Have the right to work in Spain

    Munich Re doesn't mention sponsorship in the ad.

  • Work in English

    English is required, per the ad.

  • Work on-site in Madrid

    No relocation package mentioned.

Skills

Nice to have

Requirements

What we're looking for

  • Experience or knowledge of the end-to-end receivables process
  • Ability to communicate in Spanish and English both verbally and in writing
  • Strong analytical skills and attention to detail
  • Confidence to deal with a range of stakeholders
  • Excellent time management skills and ability to prioritise your own workload
  • The ability to work under pressure and to deadlines
  • MS Excel intermediate desirable

The role

At Munich Re Specialty - Global Markets (MRS-GM), it is our ambition to become the leading Primary Specialty Insurance provider, underpinned by an effective and adaptable strategy, superior products and industry leaders working in a supportive environment to achieve this.

We are currently looking for a Credit Controller to be based in Madrid (Spain) on a full-time basis, reporting into the Finance Manager.

What you'll do

Ensure that all premium payments are made within agreed credit terms, maximising collections within the framework. To undertake the processing and administration of credit control transactions so that credit control targets are achieved.

  • Production, analysis and investigation of Aged Debtor Reports and Credit Balances
  • Chase, resolve, negotiate and reconcile aged credit accounts directly with brokers to enable the business to maintain an accurate record of its trading position. To include the reconciliation of aged credit balances, and ensure if funds are due to clients, they are forwarded without further delay.
  • Liaise closely and provide such detail to underwriters to ensure that any accounting queries and errors can be resolved quickly. Including escalation as appropriate.
  • Monitor payments received (cheque, BACS, Credit Card etc.) to ensure the accuracy and maintenance of data input and adherence to relevant procedures.
  • Respond to and take ownership of customer enquiries and allocated mail.
  • Ensure the applicable KPI's are updated accordingly so as to provide an accurate picture of the performance of the team.
  • Ensure all processes are documented effectively, detailing areas of financial judgement.
  • Manage tasks within agreed timetable including booking relevant review meetings with management.

About Munich Re

Munich Re is one of the world's largest reinsurers, headquartered in Munich, Germany. The company provides reinsurance, primary insurance, and insurance-related risk solutions to clients in over 100 countries. With a workforce of over 40,000 employees, Munich Re is a global leader in the insurance and reinsurance industry, known for its financial strength and innovative risk management.

In Spain, Munich Re operates through its subsidiary, Munich Re Spain, with offices in Madrid and Barcelona. The company offers a dynamic and international work environment, with opportunities for professional growth and development. For international professionals, Munich Re provides a multicultural workplace, competitive benefits, and the chance to work with a diverse team of experts in the insurance sector.

Industry
Insurance and Reinsurance
Founded
1880
Employees
40,000+
Headquarters
Munich, Germany
In Spain
Madrid, Barcelona

Good to know if you are moving

  • Munich Re has a strong global presence, offering international career opportunities and cross-border mobility.
  • The company is known for its strong financial stability and long-term employment prospects.
  • Spain offices are located in Madrid and Barcelona, both major hubs with excellent connectivity.
  • Munich Re supports professional development through training programs and internal mobility.
  • The company offers a multicultural work environment with employees from various nationalities.

In their own words

About the company & team

At the heart of our success is a strong culture where people are encouraged to be present, bold and curious, allowing them to achieve their individual goals.

At Munich Re, Diversity, Equity, and Inclusion foster innovation and resilience and enable us to act braver and better. Embracing the power of DEI is at the core of who we are. We recognise diversity can be multi-dimensional, intersectional, and complex, so we want to build a diverse workforce that includes a wide range of racial, ethnic, sexual, and gender identities; economic and geographic backgrounds; physical abilities; ages; life, school, and career experiences; and political, religious, and personal beliefs. Additionally, we are committed to building an equitable and inclusive work environment where this diversity is celebrated, valued, and has equitable opportunities to succeed.

Learning and innovating today, striving for sustainable societies and business tomorrow

At Munich Re Specialty - Global Markets our approach to ESG is underpinned by our desire to seize business opportunities and to nurture a stimulating and inclusive work environment. Our ESG strategy aims to deliver holistic impacts across environmental, social and governance topics including supporting a number of local initiatives within our community and offering volunteering opportunities for colleagues.

#BePresent #BeBold #BeCurious

Additional information

Please see our website for more information.

If you are excited about this role but your experience does not align perfectly with everything outlined, or you don't meet every requirement, we encourage you to apply anyway. You might just be the candidate we are looking for!

All candidates in consideration for any role can request a reasonable adjustment at any point in our recruitment process. You can request an adjustment by speaking to your Talent Acquisition contact.

Learn more about sustainability at Munich Re - choose your impact!

All open roles at Munich Re

Location

Munich Re · Madrid

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