A leading Insurance Broker are hiring for an IBA Accounts Technician to join their City of London office in a crucial role that manages the flow of money between clients, insurers and the brokerages.
Key Responsibilities;
1. Ensure accurate and timely preparation, reconciliation, and maintenance of IBA accounts in line with company procedures and agreed Service Level Agreements (SLAs).
2. Manage the allocation of receipts and disbursements, resolve unmatched cash and funding items, and process settlements and statements within agreed timelines and standards.
3. Conduct proactive credit control activities, including chasing outstanding accounts, monitoring uncollected brokerage, and ensuring debts remain within agreed company parameters.
4. Work closely with IBA teams in the UK and North America, Account Handlers, and Management to maintain strong communication, support query resolution, and ensure smooth financial operations.
5. Operate in accordance with internal policies and FCA (or equivalent) regulations, escalating issues to the Head of IBA when necessary to ensure compliance and effective
6. Contribute to team efficiency by assisting colleagues, participating in training and knowledge sharing, and supporting broader company initiatives as directed by senior management.
You must be;
7. Experience in IBA or Credit Control within Insurance
8. Strong communication, both written and verbal with close attention to detail
9. Be able to demonstrate drive and self-motivation to achieve results
10. Supports and encourages change and adapts positively to changing priorities and work demands
11. Excellent Computer Skills to include working knowledge of Microsoft Office (Word, Outlook, Excel)
Salary on offer is up to £50k + bonus, comprehensive benefits and brand new incredible offices