IBA Technician
  £30000.00 - £38000.00 per annum
  City of London, Greater London
  permanent,full-time

This Job Has Expired! This advert has now been deleted by the advertiser, the details below are for information only.


An opportunity to join a leading, independent insurance group who operate across a number of platforms, including; International Lloyds broking, UK retail markets and delegated underwriting. This is a 100% remote working opportunity in which you will provide a variety of IBA and Credit Control account management functions.



IBA & Credit Control Technician - Remote Working



Role purpose:

* To provide efficient, high quality accounting support to internal and external customers
* To ensure day to day compliance with the systems and controls, established by the firm and to ensure compliance with FCA Rules CASS 5.4

Main Responsibilities:

* Ensure all debts are collected as soon as possible and all liabilities are settled within agreed credit terms
* Ensure all cash received is matched as soon as possible
* Ensure that all processes are being completed on a timely and accurate basis
* Ensure accounting ledgers are maintained in an up to date and accurate manner.
* To produce accurate and timely management information on both a regular and ad hoc basis
* Regular liaison with other departments regarding outstanding queries, particularly cash queries
* Ensure that all outstanding cash under query with the clients/underwriters is chased on a monthly basis
* Prepare and despatch statements of accounts in accordance with account holders' requirements and/or when requested by divisions
* Maintain accurate, comprehensive and up to date records, accessible to all parties that require them
* Monitor client money payments to intermediary placing brokers
* Notify appropriate individuals of potential bad debts at earliest possible stage and enlist assistance where appropriate
* Undertake other duties and ad-hoc tasks and projects

Key Knowledge/ Skills Required:

* Experience of IBA / Credit Control within a Lloyds / London market environment.
* Understanding of Bureau accounting and DXC functions
* Able to develop and sustain good working relationships with internal and external clients
* Ability to work supportively and jointly with colleagues
* Accurate data input skills
* IT Skills: MS Word, MS Excel, Brokasure Desktop (desirable)



What you need to know:

* 100% remote working
* Salary to £38,000 + benefits package



REF: 8807



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.


Advertiser: Agency

Reference: JO0000009293

Posted on: 2024-01-12 10:56:33

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IBA Technician
  £30000.00 - £38000.00 per annum
  City of London, Greater London
  permanent,full-time

This Job Has Expired! This advert has now been deleted by the advertiser, the details below are for information only.


An opportunity to join a leading, independent insurance group who operate across a number of platforms, including; International Lloyds broking, UK retail markets and delegated underwriting. This is a 100% remote working opportunity in which you will provide a variety of IBA and Credit Control account management functions.



IBA & Credit Control Technician - Remote Working



Role purpose:

* To provide efficient, high quality accounting support to internal and external customers
* To ensure day to day compliance with the systems and controls, established by the firm and to ensure compliance with FCA Rules CASS 5.4

Main Responsibilities:

* Ensure all debts are collected as soon as possible and all liabilities are settled within agreed credit terms
* Ensure all cash received is matched as soon as possible
* Ensure that all processes are being completed on a timely and accurate basis
* Ensure accounting ledgers are maintained in an up to date and accurate manner.
* To produce accurate and timely management information on both a regular and ad hoc basis
* Regular liaison with other departments regarding outstanding queries, particularly cash queries
* Ensure that all outstanding cash under query with the clients/underwriters is chased on a monthly basis
* Prepare and despatch statements of accounts in accordance with account holders' requirements and/or when requested by divisions
* Maintain accurate, comprehensive and up to date records, accessible to all parties that require them
* Monitor client money payments to intermediary placing brokers
* Notify appropriate individuals of potential bad debts at earliest possible stage and enlist assistance where appropriate
* Undertake other duties and ad-hoc tasks and projects

Key Knowledge/ Skills Required:

* Experience of IBA / Credit Control within a Lloyds / London market environment.
* Understanding of Bureau accounting and DXC functions
* Able to develop and sustain good working relationships with internal and external clients
* Ability to work supportively and jointly with colleagues
* Accurate data input skills
* IT Skills: MS Word, MS Excel, Brokasure Desktop (desirable)



What you need to know:

* 100% remote working
* Salary to £38,000 + benefits package



REF: 8807



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.


Advertiser: Agency

Reference: JO0000009293

Posted on: 2024-01-12 10:56:33

I want to receive the latest job alerts for:

Insurance jobs in City of London, Greater London

By creating a job alert, you agree to our Terms . You can change your consent settings at any time by unsubscribing or as detailed in our terms.

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