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Iba insurance broking accounts technician

London
Next Employment Ltd
Technician
Posted: 25 February
Offer description

NEW ROLE FOR IBA Technician for growing Insurance Brokers.
Due to expansion a new role for an additional IBA Technician to support the activities of the Finance and Technical Processing team has been created
You will be involved in:

• Bank reconciliation and cash matching

• Income ledger administration, including posting to IBS

• Preparation and processing of premium, commission and claims payments

• Bank reconciliations and knowledge of banking systems to enable premium, commission and claims payments

• Accurate record keeping using our internal electronic data management system

• Monitoring credit risk, funding, unallocated cash, un-forwarded balances and unrealised Brokerage

• Production on intracompany reports and associated schedules

• Query resolution in relation to receipts of unexpected or unidentified funds

• Query resolution from clients and underwriters

• Liaison with our international offices and providing IBA support

• Undertake tasks and responsibilities on a multi-currency and multi company ledger
You will need + 2 years experience within an IBA role and

• Working knowledge of client money rules and legal principles applicable to insurance

• Excellent numeracy

• MS Excel to intermediate level

• Attention to detail and accuracy

• Good communication with ability and desire to understand problems and propose appropriate solutions that achieve the desired outcome

• Ability to manage time, prioritise and ensure the deadlines are met without compromising on quality

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