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IBA Accounts Handler

The Recruiter Specialists Group Ltd
Posted a day ago, valid for 5 days
Location

Southend-On-Sea, Essex SS30JF

Salary

£24,000 - £28,800 per annum

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Contract type

Full 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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  • This established Lloyd’s broker is seeking an IBA Accounts Handler to join their team.
  • The role requires 5 years of experience in an IBA position and a strong interest in insurance.
  • Responsibilities include cash matching, preparing statements, and handling queries from clients and brokers.
  • The ideal candidate should possess strong numerical, literacy, and communication skills, along with proficiency in Microsoft products.
  • The salary for this position is competitive, reflecting the pivotal nature of the role within the company.

This established Lloyd’s broker is looking to recruit an IBA Accounts Handler to join their successful team. You will be working for a well respected Lloyd’s insurance broker who pride themselves on the excellent service they produce.

You will have attained 5 years’ experience in an IBA role and looking for a new challenge. An interest in insurance is essential as the role involves insurance based accounts.

You will be handling a busy work environment dealing with varied tasks throughout the day.

Reporting directly to the Accounts Manager & Accounts Supervisor you will be responsible for the following duties:

  • Cash Matching & Allocation
  • Preparing statements for Underwriters, Clients & Third Party accounts
  • Chasing outstanding premium & requesting breakdowns for un-reconciled receipts and allocating to entries once received
  • Preparing payment runs for client and underwriters & submitting to Directors for approval
  • Running fortnightly credit control reports
  • Dealing with bank, clients & brokers queries in a timely and professional manner
  • Filing of all relevant documentation such as bank statements, remittance advices & correspondence
  • General office duties such as answering the telephone, scanning & filing

This is a pivotal position within the company and therefore demands a responsible attitude.

The ideal candidate will need to have strong numerical and literacy skills. Good communicational and organisational skills are also essential.

Other desirable skills are:

  • Advanced knowledge of Microsoft products (Word, Excel and Outlook) or similar software applications.
  • Knowledge of Brokasure
  • Ability to manage time, prioritise and ensure that deadlines are met without compromising quality.
  • Ability to understand and execute oral and written instructions.
  • Ability to communicate effectively and professionally both verbally and in writing with clients, insurers and other associates.

Our client is committed to continuous professional education and will offer study support when required

Apply now in a few quick clicks

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.