Due to an internal promotion, a City based Insurer are recruiting an IBA Technician who is looking for the next step in their professional career.
This position will involve training within a variety of different roles. In particular working with premium bordereaux for Binder Authority; the agreement and settlement thereof; processing of premiums with accuracy; checking bordereaux; and producing Debit Notes and Closings.
The ideal candidate will have worked within a Broker, Underwriter, Insurer, Reinsurer or Bureau environment. Experience within an accounting or finance related position is also highly desirable. Applicants must have strong numerical and Excel skills.
The role will require an understanding of credit control procedures and IBA accounting, dealing with queries regarding unallocated cash and ensuring the collection of funds in a timely manner, combined with a working knowledge of Xchanging; submission of LPANs, relevant taxes, and checking performed at XIS in accordance with London Market protocols.