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IBA Accountant
- Posted 13 November 2023
- Salary £30000 - £40000 per annum + Benefits
- LocationCity of London
- Discipline Finance
- ReferenceIBAFH
- Contact NameFrank Hubbard
Job description
A London market insurance broker are looking for a IBA Accountant to join their finance department to ensure the continuation of appropriate cash flow for the Group, through payment of premiums and collection of claims from Underwriters.
Responsibilities include:
- Responsibility for the payment of premiums and collection of claims from Underwriters within the specified terms of trade for the Group
- Chasing statements on a monthly basis for debit balances
- Downloading of bureau signing messages and allocation of the daily signings
- Reconciling statements and incoming and outgoing cash received from Underwriters
- Ensure work is carried out within FCA Guidelines and rules, including maintaining accurate records
- Maintaining effective filing systems within the team
The successful candidate for this IBA Accountant will need previous experience working in a IBA function and have an understanding of the general insurance market and principles.
