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IBA Accounts Executive

The Recruiter Specialists Ltd
Posted 16 days ago, valid for a month
Location

Chelmsford, Essex CM1 1PG

Salary

£25,000 - £35,000 per annum

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Contract type

Full Time

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Sonic Summary

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  • Salary: Excellent salary and benefits package offered
  • Experience Required: Previous experience within IBA Accounts working in an FCA regulated environment
  • Experience Required: Experience with a Broker, Underwriter, or Accounting in a similar role
  • Experience Required: Good attention to detail to ensure accurate and precise accounting records
  • Experience Required: Minimum of 2 years of experience in a similar role

If you have experience with a Broker, Underwriter or Accounts within IBA background, this vacancy is ideal for you.

Producing accurate and precise accounting records and reports so attention to detail is crucial. Able to research and deliver special projects.

This role is within the finance team as an Insurance Broking Accounting (IBA) Accounts Executive.

Responsible for administering and servicing client and underwriter accounts in accordance with the Best Practice Manual and IBA procedures.

This key position will include:

  • Credit control (including monthly statement rendering)
  • Reconciling and allocating multi-currency cash receipts
  • Raising of payment requests for settlement of claims and premiums
  • Resolution of queries (internal & external)
  • Reconciliation of accounts
  • Aged debt management, advising and reporting. Liaising with internal and external parties in settlement of accounts, so excellent communication skills.
  • Ensuring legal, market, regulatory requirements are upheld.
  • High technical standards are met and always maintained.
  • Able to work on own autonomy, and part of a larger team.

You will need:

  • Experience with a Broker, Underwriter, or Accounting in a similar role.
  • Previous experience within IBA Accounts working in an FCA regulated environment.
  • Good attention to detail to be able to ensure accurate and precise accounting records.
  • Good IT literacy skills (Excel)

An excellent salary and benefits package offered. Hybrid working.

If you feel you may have the relevant experience and skills, have worked within an Insurance environment. Please submit your CV for further consideration. We look forward to hearing from you.

For further information please contact Su Partridge FIRP for further information.

The Recruiter Insurance Specialists are acting as a Recruitment Agency.

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