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IBA Client Account Handler

  • Location:

    London

  • Sector:

    Insurance

  • Job type:

    Contract

  • Salary:

    Up to £35000 per annum

  • Contact:

    Fenchurch Street Branch

  • Contact email:

    [email protected]

  • Job ref:

    Fenlc/mt_1710914517

  • Published:

    9 months ago

  • Duration:

    12 months

  • Expiry date:

    11/04/2024

  • Startdate:

    ASAP

Job Description

Our client is a large Lloyd's market Insurance brokers and they are currently recruiting for an experienced IBA Client Account Handler to join their team on a 12 month FTC.

This role is working remotely and your responsibilities will include investigation and allocation of cash, credit control, payments (both claims and return premiums) and the production of accurate and timely MI to support performance on the ledger portfolio.

You will

  • Ensure all debts are collected as soon as possible and all liabilities are settled within agreed credit terms
  • Ensure all cash received is matched as soon as possible
  • Ensure that all processes are being completed on a timely and accurate basis
  • Ensure accounting ledgers are maintained in an up to date and accurate manner.
  • To produce accurate and timely management information on both a regular and ad hoc basis
  • Regular liaison with other departments regarding outstanding queries, particularly cash queries
  • Ensure that all outstanding cash under query with the clients/underwriters is chased on a monthly basis
  • Prepare and despatch statements of accounts in accordance with account holders' requirements and/or when requested by divisions
  • Maintain accurate, comprehensive and up to date records, accessible to all parties that require them
  • Monitor client money payments to intermediary placing brokers

It is ESSENTIAL that you have experience in an IBA role carrying out similar duties and are happy to commit to a full-time 12 month FTC.

They are offering a competitive salary of £35000 working from home.

So if you are experienced in IBA Accounts then please apply today

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