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My client, a superb Lloyd’s of London Broker, have a fantastic opportunity for an individual who is keen to take their next career step in a fast-paced and dynamic Insurance Broker Accounting (IBA) team. Their IBA team is growing due to the expanding nature of their business. You will be based at their incredible London office on a permanent basis. This is an exciting opportunity to be part of and shape their growing international network of offices.
Key Accountabilities
- Analysis of bank receipts and payments with accurate and timely processing of related entries on the accounting system
- Reconciliation of cash receipts and payments with accounting entries
- Process payments to clients (premiums and claims), markets and third parties
- Assist with preparation of IBA bank reconciliations
- Resolve foreign currency and exchange issues, as necessary
- Assist in the liaison with clients, markets and internal stakeholders ensuring queries and resolutions are provided in a timely manner to ensure client satisfaction
- Maintain the query log by inputting documented notes on outstanding issues and agreed actions
- Responsible for credit control, including the prompt creation and distribution of client, underwriter and third party statements
Skills & Knowledge
- Intermediate Microsoft Excel skills and working with financial software/applications
- Previous experience in IBA, ideally within a global corporate (re)insurance sector
- Ability to deal effectively with IBA documentation and produce related reports as required
