IBA Accounts - Maternity Cover

Abel Mckenna
12 Mar 2019
31 Mar 2019
Contract Type
Full Time
The Purpose of the role will be to handle IBA accounting functions for all group companies, in line with Company and Regulatory Procedures.

Principle objectives and responsibilities:

IBA accounting for all Group companies, to include but not limited to:

Allocating monies received on a daily basis onto Open GI

Banking cheques received

Reconcile Insurer accounts and make settlements within agreed terms of credit

Liaise with Insurers and Account Handlers re premium and commission queries

Creating and settling of items to be settled via a Bordereau

IBA bank reconciliations including maintaining In house Excel cashbooks

* An understanding of the Risk Transfer principle and implications when this is not available from an insurer.

* Other objectives or ad hoc tasks may be assigned at any time

Knowledge and Skills Required:

• Experience of working in an Insurance Brokers

• Knowledge of Open GI whilst not essential would be an advantage

• Good verbal and written communication skills

• Ability to prioritise and organise your own workload, but also able to work within a team and provide support where required

• Basic Excel skills

Please contact us for further information

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