IBA Accountant

Posted 2023年11月13日 06:22
Salary £30000 - £40000 per annum + Benefits
LocationCity of London
Discipline 金融
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.