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IBA Accountant

Employer
High Finance Limited T/A HFG
Location
UK
Salary
Competitive
Closing date
28 Jan 2022

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Sector
Accountancy
Contract Type
Permanent
Hours
Full Time
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A London market insurance broker are looking for a IBA Accountant to join their finance department to ensure the continuation of appropriate cash flow for the Group, through payment of premiums and collection of claims from Underwriters.

Responsibilities include:
  • Responsibility for the payment of premiums and collection of claims from Underwriters within the specified terms of trade for the Group
  • Chasing statements on a monthly basis for debit balances
  • Downloading of bureau signing messages and allocation of the daily signings
  • Reconciling statements and incoming and outgoing cash received from Underwriters
  • Ensure work is carried out within FCA Guidelines and rules, including maintaining accurate records
  • Maintaining effective filing systems within the team

The successful candidate for this IBA Accountant will need previous experience working in a IBA function and have an understanding of the general insurance market and principles.
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