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IBA Accounts Executive

4 months ago

London, United Kingdom United Insurance Brokers Limited Full time

Do you have experience with a Broker, Underwriter or bureaux within IBA Accounts?


Scroll down for a complete overview of what this job will require Are you the right candidate for this opportunity

Do you have good attention to detail and are able to ensure accurate and precise accounting records and reports?

Do you want to be part of one of the largest privately-owned independent international insurance and reinsurance brokers headquartered in the City of London?

Are you looking for your next challenge in, where you will be encouraged to reach your highest potential?

YOUR NEW ROLE

An opportunity has arisen to join our finance team as an Insurance Broking Accounting (IBA) Accounts Executive. You will be responsible for administering and servicing client and underwriter accounts in accordance with the Best Practice Manual and IBA procedures.

Key responsibilities will include:

  • Credit control (including monthly statement rendering)
  • Reconciling and allocating multi-currency cash receipts
  • Raising of payment requests for settlement of claims and premiums
  • Resolution of queries (internal & external)
  • Reconciliation of accounts
  • Aged debt management
  • Ensuring legal, market, regulatory and Best Practice Manual requirements are met
  • High technical standards are maintained at all times
  • Ad hoc support where required

ABOUT YOU

  • Experience with a Broker, Underwriter or bureaux in a similar role
  • Previous experience within IBA Accounts working in an FCA regulated environment
  • Good attention to detail to be able to ensure accurate and precise accounting records
  • Good IT literacy skills (Excel)

ABOUT UIBL

  • Rich heritage beginning in 1986 a private family-owned reinsurance and insurance international broking group.
  • Ranked in the top 10 largest reinsurance brokers in the world based on The Insurer magazine.
  • A multicultural, multilingual global broker with access to a team in excess of 650 people embracing over 30 nationalities.
  • Based in the City of London just 5 minutes stroll from London Fenchurch Street and easy access to London Underground and London Liverpool Street which makes for an easy commute. Working within a vibrant city allows the ability to network and access great amenities at your doorstep including various shops, restaurants, and iconic landmarks.
  • Fuelled by a culture that fosters innovation and values a diverse and inclusive workplace. Made up of experienced people dedicated to doing their best work and committed to delivering excellence to clients you will be encouraged to reach your full potential and given the opportunity and tools to enable this.
  • Proactively support a healthy work life balance with varying start/ finish times, generous paid annual holidays (including the option to buy additional leave) and currently piloting hybrid working to provide employees with more flexibility.
  • Offer a range of competitive benefits that have been carefully selected with your wellbeing in mind.
  • Reward equitably for your responsibilities, performance, potential and contribution to the business.

Contact Information

To apply for this role, please send your CV, salary expectations to recruitment@uib.co.uk including the reference UIBL107.

All candidates will be required to confirm eligibility to work in the UK before starting employment.

Due to the volume of applications received, we may not be able to respond to individual candidates. If you have not been contacted within 4 weeks unfortunately, your application has been unsuccessful. Please do not let this deter you from applying for vacancies in the future should you meet the minimum requirements of the role.

UIBL operate a preferred supplier arrangement and will not accept unsolicited approaches from agencies.