IBA Accounts Handler - Insurance

London (Greater)
£28k pa
10 Nov 2017
16 Nov 2017
Contract Type
Full Time
Job Title - IBA / Accounts Assistant
Contract - Permanent
Salary - £28,000
Industry - IBA, Accounts, Reconciliation, Lloyds
Location - London

A vacancy exists within the Accounts Department of one of our major brokerage clients for an IBA / Accounts/Policy Assistant to support the existing team.

The role will have two main areas of responsibility:

- Underwriter account reconciliations
- Processing Lloyd's & Market documentation using market systems

Underwriter reconciliations

Tasks include:

- Regular reconciliation of records with underwriter statements
- Investigation and resolution of reconciling items and unallocated cash
- Liaison with underwriters and account handlers
- Maintaining records of progress on queried items
- Reporting on month end ageing analysis
- Collection of various statistics relating to volumes, query numbers and types, late settlements etc.

Lloyd's/Market processing

Tasks include:

- Submission to Xchanging using the IMR and Tracker
- Responding to queries from Xchanging
- Responding to queries from Account Handlers and the Accounts Team
- Assisting with Bordereaux processing
- Assisting with production of Lloyd's and Company policies and policy endorsements
- Other duties as required

Key Skills/Experience Required:
- Insurance experience is a MUST
- The position will report to the Accounts Manager although specific Lloyd's/Market responsibilities will be under the supervision of the Policy Technician.

- The successful candidate will need strong attention to detail and an enquiring mind.

- Good Excel knowledge will be an advantage

Salary/Benefits Information:
£28,000 Basic Salary

25 days holiday.
Excellent pension and benefits package.

If you have the relevant experience please do not hesitate to contact us now on [Phone number removed] or email us at [Email address removed]

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Please Note: We will only contact successful applications. Therefore if you have not heard from us within 10 working days please deem your application as unsuccessful.