This Job Has Expired! This advert has now been deleted by the advertiser, the details below are for information only.
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.
Advertiser: Agency
Reference: JO0000008593
Posted on: 2023-04-25 16:55:35
Send me Alert for jobs in:
Insurance - City of London, Greater London
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Account Handler Assistant (trainee)
Recruitment Solutions South East Ltd
Depending on Experience
This Job Has Expired! This advert has now been deleted by the advertiser, the details below are for information only.
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.
Advertiser: Agency
Reference: JO0000008593
Posted on: 2023-04-25 16:55:35
I want to receive the latest job alerts for:
Insurance jobs in City of London, Greater London
Account Handler Assistant (trainee)
Recruitment Solutions South East Ltd
Depending on Experience