Not logged in to Jobsinsurrey.com?

  

Login with your social media account

   Log in with Google

Or click here for our login page

By continuing to sign in, you agree to Jobsinkent's Terms , Cookie and Privacy Policies. An account will be created for you with the same email address used for your social account, if you don’t already have an account associated with that email address.

Application Form

IBA Credit Controller - HYBRID WORKING

Negotiable

City of London, Greater London

MW Appointments

IBA Credit Controller

Permanent / Hybrid working (City Office & WFH)

Salary - £Open & competitive + excellent benefits



Company

An established Lloyds broker and Underwriting Agency who specialise in facilitating and managing US Cover holder business in addition to underwriting via in-house delegated authority agreements.

Reporting to the IBA Manager you will become part of a small team of IBA specialists.

The IBA Credit Controller ensures the prompt receipt and allocation of insurance funds, maintaining client, underwriting & TP ledgers and monitoring aged debt, investigate and resolve old balances, assist the IBA team members with queries and covering the IBA cashiering duties when required.

Duties

Credit Control

* Chasing overdue items
* Client, Underwriter & Broker liaison
* Monthly review of aged debt report
* Settling credit balances to clients
* Monitor the Premium Payment Warranty list

Underwriter Settlement - Non Lloyd's

* Producing Underwriter statements
* Approving items for payment to underwriters
* Initiating payments to underwriters

Rendering Statements

* Production, approval and remittance of statements

Resolving Client/Broker/Technical Queries

* Resolving premium/claim differences
* Reviewing placing files to resolve commission, premium differences if any occur
* Reviewing bordereaux files to resolve any commission, premium and claims differences if any occur.
* Providing point of call for Clients/Underwriters who are having difficulty in reconciling amounts.

Lloyd's/LIRMA and ILU Accounts

* Monitor the daily signings for the Lloyd's, LIRMA and ILU accounts.
* Liaise with Claims, Technical, Broking departments to resolve any issues that arise e.g. signing of the incorrect amounts, duplication of signings.
* Liaise with XCS or any help desk provided by Lloyd's to resolve issues.



Candidate requirements

* 12 months + credit control experience within a Lloyd's broker.
* Good Communication skills, including verbal and written.
* Strong numerical and analytical skills.
* Collaborative team player.
* Ability to prioritise, multitask, work under pressure, and meet deadlines.
* Working knowledge of client money rules.



Ref - 8593

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

Contact Details

Cover Letter

Use this space to outline your skills, experience and reason for applying.