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IBA Accountant

Hays Specialist Recruitment Limited
Posted 13 days ago, valid for 16 days
Location

London, Greater London EC1R 0WX

Salary

£80,000 - £96,000 per annum

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Contract type

Part Time

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.

Sonic Summary

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  • You will be joining a specialist insurance organization operating in the Lloyd's of London and international markets as an IBA Accountant.
  • This temporary role requires at least 2 years of experience in a similar position, particularly in IBA, credit control, and reconciliation.
  • Your responsibilities will include managing and reconciling insurance broking accounts, processing receipts and payments, and preparing monthly reconciliations and reports.
  • The role offers a competitive annual salary plus benefits, with regular reviews to align with market rates.
  • You will work in a modern City of London office with excellent amenities and a supportive team focused on your onboarding and development.

Your new companyYou will be joining a specialist and established insurance organisation that operates in the Lloyd's of London and international markets. Part of a close-knit team in finance of 10, you will report to the IBA manager. You will be based in their modern City of London office with a luxury gym and their own barista on a hybrid basis. This role is a temporary role to assist with a backlog. Your new roleThe IBA Accountant will be responsible for managing and reconciling insurance broking accounts, ensuring accuracy and compliance with industry standards. This role requires a detail-oriented individual with strong analytical skills and a thorough understanding of insurance accounting practices.

  • Manage and reconcile insurance broking accounts (IBA) on a daily basis.
  • Process and allocate receipts and payments accurately.
  • Prepare and review monthly IBA reconciliations and reports.
  • Ensure compliance with regulatory requirements and company policies.
  • Liaise with brokers, underwriters, and other stakeholders to resolve discrepancies and queries.
  • Assist in the preparation of financial statements and audits.
  • Support the finance team with ad-hoc tasks and projects as needed.

What you'll need to succeedIn order to succeed in this role, you will need at least 2 years of experience in a similar position, with experience in IBA, credit control and reconciliation. You will need to be a confident communicator, mature and mature, to liaise with stakeholders at all levels across the business. You will have great attention to detail and strong analytical, critical thinking and judgement skills. You will have experience using Accounting software such as Xero, Sage or SAP, and be able to use Excel to an intermediate level (vlookups, pivot tables, sumifs).What you'll get in returnIn return, you will receive a competitive annual salary + benefits and this package will be regularly reviewed to remain in line with the market rate. You will be joining a growing Insurance Broker that can provide excellent progression opportunities in the future. When you are based from the office, you will be located in a brilliant area of London, close to multiple transport links. You will be joining a welcoming, supportive and engaging team who will be there to assist with your onboarding and continued learning and development at the firm.What you need to do nowIf you're interested in this role, click 'apply now' to forward an up-to-date copy of your CV, or call us now.If this job isn't quite right for you, but you are looking for a new position, please contact us for a confidential discussion about your career.

Hays Specialist Recruitment Limited acts as an employment agency for permanent recruitment and employment business for the supply of temporary workers. By applying for this job you accept the T&C's, Privacy Policy and Disclaimers which can be found at hays.co.uk

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In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.