An Accounts Assistant for a well established Insurance Broker is needed ASAP - IBA experience isn't a must but a nice to have - great opportunity to move into IBA Accounting
Main Responsibilities: All tasks related to the day to day running of the Company’s insurance ledger accounts including:
• Recording Cash receipts
• Banking cheques received
• Designated accounts reconciliations for both clients and underwriters
• Drawing up and presentation of cheques and bank transfer forms for agreement by the Client Money Manager and for Directors’ signature
• Recording insurance payments
• Credit Control – including monitoring of Premium Payment Warranties/ Conditions to ensure settled before due date.
• Prepare and Issue Statements of Account
• Chasing settlements
• Dealing with enquiries and queries
• Liaising with technicians/ account handlers
• Notifying brokers of aged debt or accounting issues
• Other accounting duties as requested by the Finance Director/ Client Money Manager
• Assisting/Preparing bank Reconciliations
• Assisting with Client Money Drawdown calculations.
• Downloading of bureau signing messages and allocation of the daily signings.
• Claims payment run once a week, and the running of the claims spreadsheet and keeping this up to date.
• Making sure Non Risk Transfer letters are completed and forwarded on to the relevant clients.
• Bank Statements saved and eclipse rates completed once per month
Assisting in the day to day running of the Company’s private/ office accounts when required.
Reporting to: Client Money Manager - This is a hybrid role 3 days in the City 2 days fro home - Great career opportunity in Insurance IBA Accounting