IBA Accounts Assistant

ENS Recruitment
Essex, UK
Closing date
25 Sep 2020

View more

Contract Type
You need to sign in or create an account to save a job.
An established Lloyd's broker based Southend is currently looking to recruit an IBA Accounts Handler to join their successful team. This is a well respected Lloyd's insurance broker and accounts experience (IBA) within insurance is essential

Job Description
Suitable candidates for the position will already have gained some experience working in an administrative/accounts support role (within Insurance) and will be looking for a new challenge within a small and respected Lloyd's broker. The candidate should have full knowledge of how a Lloyd's broker operates. Prior experience working for a Lloyd's broker is needed. This is an Insurance based accounts role

You will need to be able to cope with 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
• Completion of IBA Payment run on a weekly basis
• Assisting the busy IBA Accounts department on a daily basis
• Filing of all relevant documentation such as bank statements, remittance advices & correspondence
• Assisting with all IBA credit control runs
• Completing bank runs to bank cheques
• Reviewing and Amending IBA bank payee templates as requested
• Maintaining the correct exchange rates on Brokasure on a weekly basis
• Sending weekly remittance advices for the IBA Payment run
• Communicating when needed with clients and underwriters in a professional manner
• Assisting other team members during busy periods
• Assisting the Compliance Officer with enquiries relating to your role
• Full knowledge of A&S monitoring
• General office duties such as answering the telephone, scanning & filing

The ideal candidate will need to have strong numerical and literacy skills. Good communicational and organisational skills are also essential.
Other desirable skills are:
• Some AAT qualifications highly preferable
• Advanced knowledge of Microsoft products (Word, Excel and Outlook) or similar software applications.
• 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.

Apply today or contact Kim Baker, ENS Commercial Recruitment, Westcliff for further information
You need to sign in or create an account to save a job.

Get job alerts

Create a job alert and receive personalised job recommendations straight to your inbox.

Create alert