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Iba Accounts Assistant

4 months ago

London, United Kingdom MW Appointments Full time

IBA Accounting Assistant

Permanent contract / Competitive salary + benefits

Hybrid working flexibility - City of London & Home

An opportunity to learn and develop your experience and knowledge within a successful, independent Lloyds Broker and Coverholder.

Our client provides a range of bespoke marine & non-marine insurance solutions to wholesale and retail clients worldwide. Through a network of partners in the US, Europe and Asia they provide clients with a local point of contact to offer a global risks solutions package.

This role will allow the successful applicant to become involved in all aspects of IBA accounting as well as exposure to company accounting tasks. A full program of training and learning will be provided in order to enhance and develop skills.
- process incoming cash receipts from broker and action payment to underwriters
- process payments to insurers
- conduct bank re conciliations
- manage currency accounts
- issue monthly broker statements
- work with broker to ensure prompt payment of premiums
- investigate broker and insurer queries
- undertake ad hoc projects
- review Client monies calculation
- load expenses onto Xero
- load brokerage invoices
- reconcile monthly transactions on Xero

What you need to bring
- 1 + years experience within insurance IBA accounting.
- a thirst for knowledge and a desire to learn and develop new skills
- good problem-solving skills
- confident communications skills
- a strong team collaborative ethos
- show attention to detail
- Good excel skills

REF - 8991

MW Appointments is acting as an Employment Agency in relation to this vacancy.