Skip to main content
Get Job Alerts Saved Jobs View All Jobs

Credit Controller

Location Madrid, Spain Job type Full-Time Work mode Hybrid Job level Professional Job ID 12362 Company Munich Re Specialty - Global Markets Employment type Regular Area of expertise Finance, Accounting & Controlling
Apply Now

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.  

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.  

Credit Controller

We are looking for a Credit Controllerto join our Madrid, Spain office on a full-time basis with hybrid working of 2-3 days per week in the office.  

If you are keen to apply for this position, please can you submit your CV in English. 

MRSG have embarked on ambitious transformation plans. As part of that, MRSG Finance are working to become an automated process led department, through process standardisation, application of new technology and leveraging digitisation and automation opportunities. This role will be actively involved in those transformation projects to deliver that ambition.

This role is well suited to an individual who enjoys preparing work to a high standard, whilst embracing the opportunity to work with a broad range of stakeholders on high profile projects in an organisation that will support and invest in your professional development.

Responsibilities

  • 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.
  • Critically appraise all processes and assumptions on an ongoing basis with a ‘continual improvement outlook’ and proactively engage with relevant stakeholders to improve where opportunity exists.
  • Assist in other areas of the team and provide effective cover where appropriate as assigned
  • Help drive forward good Conduct for the business to deliver the best outcomes for customers / policyholders.

Knowledge and Skills

  • 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)

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!

Diversity, Equity & Inclusion

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.

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.

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.

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

#BePresent #BeBold #BeCurious

Apply Now

Your Benefits

With us, you get more than just an exciting job. Enjoy a wide range of employee benefits tailored to your wellbeing and development. Please note that regional differences may apply.

Competitive Salary

We provide fair and competitive compensation that reflects your performance and commitment.

Company performance-based Incentives

In addition to your salary, our variable compensation approach allows you to share in Munich Re's success.

Recognition and Special Rewards

We recognise outstanding individual contributions through a variety of targeted rewards and incentives.

Retirement Planning

We support your long-term financial wellbeing with retirement solutions aligned with local regulations.

Inclusive Workplace Culture

We foster a respectful, inclusive, and values-driven environment.

Learning & Development

We offer tailored learning opportunities with a strong focus on core skills and business-critical knowledge.

Work-Life-Balance

Supporting your ability to balance family, leisure, and your career.

Health & Wellbeing

We support your physical and mental health through a range of programs and activities in each location.

See the area you’ll be working in

Get an idea of what your daily routine around the office can be like.

Explore Location

This may interest you

Featured Jobs

View jobs to show jobs list.

Save jobs to show jobs list.

View All Jobs

Activate your job alert

Looking for the ideal professional challenge? Stay informed with the Munich Re Group job alert service: Munich Re, ERGO Group and MEAG offer a wide range of opportunities. Once you have set up the service, you'll receive automatic email updates on new job vacancies that match your search criteria.

Interested InPlease select a category, location, and/or company option. Click “Add” to create your job alert. You can add more than one combination to your alert.

By signing up, I acknowledge that I have read the privacy policy, and I wish to receive email communications.

To complete the Job Alert, your e-mail address, and the filter criteria you selected will be processed. The processing of the data is exclusively for the purpose of sending the Job Alert e-mails. With deletion of the Job Alert, your data will also be deleted. You can find further information about our imprint here: Privacy Policy.