This job has expired

Insurance IBA Account Handler

Colchester, UK
Closing date
3 Dec 2020

View more

Contract Type
You need to sign in or create an account to save a job.

Job Details

RELOcruitment has the pleasure of assisting the recruitment needs of a specialist professional services and technology firm, which works in partnership with leading insurance, highly regulated and global businesses to manage risk, operate their core business processes, transform and grow. Our multi-national blue chip entity has a global team of more than 3,700 professionals which operate across the UK, Ireland, the US, Canada & Bermuda.


They now seek to appoint an IBA Account Handler working out of their Colchester office to

complete a monthly cycle of tasks that accelerate the collection of premium and manage payment performance in respect of open market, binding authorities, treaties, lineslips and covers (F&T) and meet pre-agreed targets and SLA's, ensuring that all feedback is appropriately processed and followed up. Manage broker relationships and work towards ensuring that all internal and external SLA's, targets and objectives are met.

Duties and Responsibilities:

* Preparing, validating and rendering broker statements to ensure they are accurate and current, for use in chasing debt.

* Maintain broker and client feedback onto I2Blade and/or Client systems in a timely and efficient manner, ensuring that this is kept up to date and that any unanswered feedback is followed up. Ensure that any required actions are escalated to the account handlers.

* Liaise extensively with external parties, namely Brokers to bring about enhanced payment performance and to ensure work is appropriately prioritised within brokers.

* Establish good work relationships with brokers, including attending and leading meetings in line with the departments Broker Meeting Strategy.

* Ensure feedback received is comprehensive and addresses all criteria thus providing dashboard users with a true and accurate position.

* Monitoring and chasing of all methods of placement to ensure prompt settlement of premium by telephone, email and meeting.

* Escalate all issues relating to processing and payment performance, bordereaux provision and quality, broker query resolution etc. to management to ensure these are incorporated in relevant client reports.

* Work to all internal and external SLA's.

* To interrogate, as appropriate, LAE (the Lloyd's Accounts Enquiry System) and Tracker (the Lloyd's Customer Enquiry System for tracking the progression of inwards submissions through Xchanging).

* To ensure that all client queries / requests are appropriately logged in accordance with current procedures and to maintain appropriate records relative to all processes undertaken.

* To provide progress and status reports to management and / or client management as required.

* Other duties as required

Skills & Experience Required

* Experience of working within the Lloyd's insurance Market, ideally with syndicate credit control experience.

* An understanding of the working practices and processes that operate.

* Experience in using Lloyd's Account Enquiry and Tracker.

* Intermediate/advanced working knowledge of Microsoft Office programmes; Outlook, Word, Excel, Powerpoint.

* Ability to interpret and manipulate data clearly and accurately with the ability to extract and identify key issues.

* Ability to build effective relationships (internally/externally), establishing credibility amongst an extensive client group

Key Personnel Skills

Ability to work to tight deadlines within a team environment, with good organisational, communication and presentation skills.

Good numerical skills, with the ability to work accurately and showing attention to detail.

Strong reporting capabilities

The successful applicant will be rewarded with an outstanding salary package which includes:

Pension - 5% matched contribution.

Life Assurance (2 x basic salary)

Free local parking permit - dependent on office location.

Leadership, professional training & support with professional qualifications.

Development programmes & institute memberships.

Season ticket & travel loans.

Cycle to work scheme.

Eyecare & spectacles vouchers.

Childcare vouchers.

Premium Headspace membership

Discounted premium gym membership

Discounts on short term car insurance, the Guardian newspaper, National Tyre & Autocentre and more
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