- Collection of unpaid monies, ensuring all liabilities are settled within agreed terms.
- Ensure accounting ledgers are maintained and up to date.
- Stakeholder management.
- Ensure outstanding cash under query with underwriters is dealt with and corresponding monthly reports prepared.
- Prepare and dispatch statement of accounts.
- Ensure client money payments to third-party placing brokers are paid promptly and efficiently.
- Prepare bank reconciliations on a regular basis and deal with queries.
- Maintain and monitor the Insurers log on a regular basis.
- Management and minimisation of aged creditors and unallocated cash.
- Investigating queries and amendments with the technical teams.
- Group Experience-Based (GXB) insurance accounts experience would be highly desirable.
Back to searchRemote Interim IBA Technician
IPS Group
Posted 2 days ago, valid for a month
Leeds, West Yorkshire LS14 1DZ
Full Time
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Sonic Summary
- Our client is seeking experienced IBA Technicians for a 12-month interim position, primarily remote with quarterly travel to London.
- The role involves supporting insurance brokers by managing unpaid monies, maintaining accounting ledgers, and preparing monthly reports.
- Candidates should have relevant experience in managing client money payments and bank reconciliations, along with stakeholder management skills.
- The salary for this position ranges from £30,000 to £45,000, depending on experience.
- A minimum of two years of experience in a similar role is preferred, with GXB insurance accounts experience being highly desirable.
