IBA Insurance Accounting Technician

Our client is a leading Lloyds Broker working with SME, Corporate and Multinational businesses throughout the globe to provide innovative risk solutions across a wide range of different (re)insurance classes.

You will be joining a vibrant finance team who work collectively and support each other to provide a fast and efficient service to internal and external stakeholders.

The purpose of the role is to support the finance team across all IBA, Credit Control and Operation functions.

Main Duties:

• Posting Cash received and paid on the IBA system daily
• Matching cash received/paid in against insurance transactions daily
• Weekly Bank reconciliations
• Entering insurance payments in bank daily
• Entering insurance payments in FX trading platform daily
• Liaison with external brokers; dealing with queries in the Credit Control email inbox daily
• Investigating unallocated cash and matching transactions
• Loading CSV interface files from underwriting systems to IBA system
• Matching cash in both IBA system and underlying insurance underwriting systems
• Support the Accounts Manager

Skills Required:

• Previous experience working within Credit Control/ IBA
• London Insurance Market knowledge, preferred
• Experience of using UK bank portals
• Familiar with IBA (Insurance Broking accounts) systems

• Good organisation skills
• Able to work independently and use initiative

What you need to know:

• Permanent
• Based in the City of London - hybrid (3 days in London) with 2 days home working
• Salary between £35,000 - £40,000
• A great opportunity to join a global leader in the insurance sector.
• Join a company that supports employee well-being, technical training and personal development.

REF: 9716

Interested? Please apply today and we will contact you by return.

MW Appointments has been recruiting in the Insurance market since 1992, so you will benefit from partnering with a market leader who possess in-depth technical understanding, comprehensive market in-sight, excellent market intelligence and well-established relationships with companies across the insurance sector.

MW Appointments is acting as an Employment Agency in relation to this vacancy.