New Job Opening: IBA Credit Controller in LONDON, EC3M 7HR, United Kingdom

Job Description

IBA/ Credit Controller

London

Circa £40k

Hybrid

Overview:

We’re working with an Underwriting Agency operating in the London Market who are looking for an IBA/ Credit Controller to join their London team. The purpose of the role is to assist the company in all aspects of the financial side.

Key Responsibilities:

• Maintain and reconcile Insurance Accounts in accordance with regulatory and client money requirements


• Process premiums, claims, and commission movements accurately and on a timely basis


• Perform daily, weekly, and monthly reconciliations


• Investigate and resolve unreconciled items, discrepancies, and aged balances


• Process premiums, claims, and commission movements accurately and on a timely basis


• Perform daily, weekly, and monthly IBA reconciliations


• Investigate and resolve unreconciled items, discrepancies, and aged balances

• Support month-end close and reporting

• Actively manage aged debtors, ensuring prompt collection of outstanding premiums


• Chase all outstanding balances and ensure system is updated


• Liaise with brokers and coverholders to resolve overdue balances


• Produce regular aged debt reports and commentary for management

Experience Required:

• Proven experience in an IBA and/or Credit Control role within the insurance market


• Strong understanding of insurance accounting and London market processes


• High level of accuracy and attention to detail


• Confident communicator, both written and verbal


• Strong Excel skills


• Comfortable working independently and as part of a small team

Contact Expert:

Sophie Zamchick on 07441 934 168

Email: [email protected]