IBA Associate

14 hours ago

London, United Kingdom HFG Insurance Recruitment Full time

HFG are delighted to be working with an established broker based in the city, with the task of assisting them finding an experienced IBA Associate. Due to growth plans they are in need of bringing in another candidate to join their high performing team. This role will suit someone who is confident and experienced enough to run a full 360 company account.

Key Duties & Responsibilities:

* Analysis of bank receipts and payments and accurate and timely processing of related entries on the company accounting system.

* Reconciliation of cash receipts and payments with accounting entries within agreed processes and deadlines.

* Processing payments to clients (premiums and claims), markets and third parties using the company bank's internet system - premiums and claims within agreed deadlines to ensure client satisfaction.

* Assist with the preparation of IBA bank reconciliations.

General Skills & Experience:

* Good communication and inter-personal skills.

* Good experience of working in a commercially focused finance function and producing management accounts and related reports.

* Accurate and strong attention to detail and ability to deal effectively with IBA documentation.

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