Iba Cashier

3 months ago


London, United Kingdom Howden Group Holdings Full time

From day one, our mission has been to create an independent business with a unique culture - one that is controlled by the people who work for it. Finding the most talented and entrepreneurial people has always been key to our success.

People come to Howden for lots of different reasons, but they stay for the same one: our culture. That’s what sets us apart, and why we nurture and retain the best talent in the market. Whatever your priorities - work/life balance, career progression, sustainability, volunteering - you’ll find like-minded people driving change at Howden.

ES Risks are on the hunt for an IBA Assistant to support their finance team.

ES Risks’ aim is to support both its appointed representatives and external brokers, concentrating on specialist classes of business and to build a strong reputation within the UK and European market.

Supporting our busy finance team you will be ensuring that all financial reporting requirements are fulfilled and to give finance operations support to the business and finance. Our team strives for continuous improvement in all areas and aims for excellent customer service, supported by quality and efficient processes, all operating within a robust control environment.

Please note this is a full-time, 6 -12 month fixed term contract. You will be based in our London office and ideally be onsite for 3 days per week on average.

Overview_:_- Posting Cash received and paid on Novus (IBA (Insurance Broking Accounts) system) daily- Matching cash received/paid in Novus (IBA system) against insurance transactions daily- Weekly Bank reconciliations in Novus (IBA) system- Entering insurance payments in HSBC daily- Entering insurance payments in Cornerstone (FX trading platform) daily-
- Investigating unallocated cash and matching transactions- Loading CSV interface files from underwriting systems to IBA system- Matching cash in both IBA system and underlying insurance underwriting systems- Support the Accounts Manager

Knowledge_:_- At least 3 years’ experience in insurance credit control in the London Insurance Market- Experience of using UK bank portals- Experience of using UK FX trade portals- Proficient in Microsoft Office, especially Excel- Familiar with IBA (Insurance Broking accounts) systems e.g. Novus/IBS- Familiar with Underwriting systems for finance reporting e.g. Scheme Serve- Carry out duties in accordance with internal policies and procedures and applicable law, rules, regulation, good governance and Inigo’s shared values, including putting stakeholders at the heart of our business- Act with integrity

**Skills**:
- Good communication and interpersonal skills- Able to work independently and use initiative- Able to work flexibly to achieve tight deadlines/targets with good organisation skills- Computer literate- Analytical and able to solve problems- An attention to detail and willingness to learn- Calm and resilient under pressure- Able to positively react to change

Qualifications:
- GCSE Maths and English (or equivalent)- A levels (desirable)

Our Culture: People First

We’ve travelled far since opening our first office in 1994. Back then we were local experts - based in London, with direct access to the world’s biggest insurance market. We’re still locals, and we still deliver the right advice and the right insurance to our clients. But now, we’re local all over the world. With 15,000 global colleagues and a partner network spanning more than 100 territories, we are the largest independent insurance broker in the world. But our values haven’t changed since day one, when we set out to create a company grounded in:

- An employee-ownership model
- Aligned external investors
- The trust and integrity born of friendship
- Expertise
- Independence

Our focus on being a people-first business has always been at the very heart of Howden. Our vision was to create an independent business with a unique culture; one that would survive and thrive as a business controlled by the people working for it. Our employee ownership model sets us apart in the market. It’s created a culture of collaboration and innovation, where we’re driven to think bigger and empowered to challenge convention.

Our flat structure and entrepreneurial spirit help us attract the best people and empower them to be the best version of themselves. And when we bring in and nurture great talent, more follows. That makes us better - and that’s better for everyone.

Diversity & Inclusion

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