Insurance Broker Accounting (IBA) Account Handler

A forward-thinking insurance organisation based in London are looking for an Insurance Broker Accounting (IBA), Account Handler to join their dynamic and innovative team on a permanent basis. They will achieve targets, develop the business and deliver an excellent and comprehensive service, ensuring that e that responsibilities are completed in accordance with the relevant Company and/or Group policies. This role will focus on the reinsurance side of their business, operating a hybrid working arrangement, consisting of 3 days in the office (City), and the rest from home.

IBA Account Handler Key Responsibilities
Provides relevant management information to senior management, when requested
Contributes to project work and when required
Ensures cash matching tasks are completed in a timely manner
Reviews and processes IBA payment requests
Processing of relevant entries onto Group company IBA systems
Reconciles accounts with markets and clients
Performing credit control duties including rendering statements to clients
Resolves accounts queries promptly and efficiently
Keeps informed of all regulatory and legal changes which impacts on the job role
Ensures up to date records are maintained at all times on the Company systems
Responds appropriately to urgent issues as they arise
Develops strong relationships with the Business Units, Suppliers and Markets
Responds to the clients (both internal and external) requirements as appropriate

IBA Account Handler Skills and Attributes
Previous experience of working as an IBA Technician
Reinsurance and Treaty experience
Solid understanding of processes and procedures within the insurance market
Able to manipulate and understand financial data
Attention to detail with ability to produce accurate documentation and to file documents appropriately
Ability to work effectively within a team
Prioritisation and organisational skills
Self-motivated
Competent IT skills, including but not limited to Microsoft Word, Excel and PowerPoint
Ability to communicate effectively, both verbally and in writing, with internal and external stakeholders
Able to undertake and demonstrate competence in technical training, as required by the industry regulator

This is an organisation that is recognised as a top performer across the industry, setting standards for excellence, conducting business with integrity and consistently delivering on promises. If you have the relevant exposure and the above describes you then please send your CV to [email protected] for immediate review.