Billing Specialist Lwi

London, United Kingdom

Job Description

Established in 1932, McLarens is a premier independent global insurance services provider with a widespread global presence. Specialising in complex, commercial, and niche markets, the company offers comprehensive loss adjusting, claims, and risk management services, along with forensic technical services, auditing, and pre-risk surveying. McLarens' extensive global network allows for consistent service delivery to clients globally, while also providing localized expertise and responsive support. Our seasoned adjusters boast an average of over 20 years of experience, catering to various industries with expertise in Property, Casualty, Crisis Management, Natural Resources, Construction & Engineering, Agriculture, Aviation, Forensic Accounting, Investigation, Marine, FAJ & Specie, Global TPA Services, and Environmental consulting services. For more information, please visit:
The Opportunity
This is a hybrid role reporting to the Billing Manager within the Finance Department at our London Headquarters
Reporting to the Billing Manager you will be responsible for ensuring Adjusters submit their timesheets, drafting, agreeing and issuing invoices on our system and issuing to customer and reducing WIP DSO and WIP Bad Debt across LWI.
The role
The responsibilities of the role are;

  • Managing WIP and billing activities for a portfolio of LWI adjusters
  • Ensure adjusters submit timesheets in a timely manner and processing to our system
  • Work towards monthly group and individual revenue targets.
  • Reducing aged WIP within your area.
  • Ability to work in multiple currencies billing companies in various countries.
  • Adhering to strict market/client requirements for billing
  • Working with credit control team and insurers, resolving invoice queries
  • Working closely with Adjusters, Insurers and Brokers
  • Uploading invoices onto various portals including Legal X.
  • Seek assistance from adjustors to resolve any outstanding issues.
  • Work with adjusters to ensure correct fee reserves are processed to ECF
  • Process LWI fees into Class, ECF and Gemini.
  • Keeping systems/master data updated with comments as invoices issued to clients.
  • Assisting overseas LWI offices with complicated billing.
  • Completing reports for various areas of the business.
Key Performance Indicators
  • Achieving individual billing target
  • Reducing WIP Days Outstanding
  • Reducing the WIP provision/aged WIP
Experience and Qualifications
Essential:
  • Significant demonstrable experience in billing, working in a fast-paced, high-volume environment.
  • Ability to follow set processes but also be able to "think outside the box" to resolve a query or chase a client.
  • Accurate recording keeping.
  • Excellent work ethic with a proactive attitude.
  • IT literate with advanced Word and Excel skills, able to produce Pivot Tables and V-Lookups.
  • Having worked on various accounting or bespoke systems. And internal data management systems.
  • Excellent query resolution and the ability to use all systems available to resolve the queries.
  • Client-focused, good at establishing and building relationships.
  • Experience in raising billing issues with senior staff.
  • Experience in organising work to ensure objectives are met.
  • Able to communicate in a clear, professional, concise, and structured manner internally and with clients.
  • Enjoy working in a team and independently.
  • Ability to self-motivate and self-manage their workload.
  • Enjoys challenges and resolves queries with a positive attitude and persona.
Advantageous:
  • Experience with complicated billings/collections in a professional services environment
  • Experience with the ECF/Class System
  • Legal or Insurance billing
Our Company is an equal employment opportunity employer. The Company's policy is not to discriminate against any applicant or employee based on race, color, sex, sexual orientation, gender identity, genetic information, religion, national origin, age, disability, veteran status, or any other basis protected by applicable federal, state, or local laws. The Company also prohibits harassment of applicants or employees based on any of these protected categories.

Skills Required

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Job Detail

  • Job Id
    JD4046711
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Full Time
  • Job Location
    London, United Kingdom
  • Education
    Not mentioned