A marketing leading Lloyd's insurance broker is recruiting for an IBA Head of Service.The purpose of this role is to function as a pivotal point of contact between the business units and IBA with the aim of ensuring the secure, efficient, and auditable handling of client money. The role involves delivering against key performance indicators, service level agreements and working capital targets for the areas under responsibility, and strong collaboration with colleagues across the group.Key responsibilities of the role include managing the interface between IBA and a portfolio of client facing broking businesses working with the leadership of the IBA teams to ensure meaningful targets are set and achieved through agreement and collaboration between IBA and the business, supporting the development of IBA strategy and plans, proposing and supporting the implementation of activities or workstreams aimed at improving the end-to-end service, and/or enhancing the control environment, producing regular reports to management on key targets, projects and issues, and support colleagues on escalated issues, ensuring any training gaps are referred to Team Leaders so that they can be addressed.Applicants must have previous experience in a senior Insurance Broker Accounting (IBA) role with a good understanding and experience of insurance broking accounts, possess excellent analytical, numerical and information gathering skills, able to use analytical skills and knowledge to identify key risk areas, have an understanding of the UK Regulatory environment, and be a strong communicator to facilitate effective partnerships across the business.
Back to searchIBA Head of Service
Harrison Holgate
Posted 2 days ago, valid for 2 days
London, Greater London EC2V 7WS, England
Full Time
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Sonic Summary
- A marketing leading Lloyd's insurance broker is seeking an IBA Head of Service.
- The role serves as a key contact point between business units and IBA, ensuring the secure handling of client money.
- Candidates are required to have previous experience in a senior Insurance Broker Accounting role and a strong understanding of insurance broking accounts.
- The position offers a competitive salary of £75,000 per year and requires a minimum of 5 years of relevant experience.
- Key responsibilities include managing the interface between IBA and client-facing businesses, developing strategy, and producing regular reports on performance.
