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Insurance Broker Accounts Specialist

2 months ago


London, Greater London, United Kingdom AIG Full time

About the Role

We are seeking a highly skilled Insurance Broker Accounts Specialist to join our team at AIG. As an IBA Accounts Technician, you will play a critical role in the Operations team, responsible for the maintenance and day-to-day handling of the IBA ledgers, both Client & Underwriting.

Key Responsibilities

  • Ensure timely collection and settlement of funds to and from customers and supporting markets of the Overseas offices within the Talbot/AIG Group.
  • Take appropriate steps to assist Overseas offices in the collection and settlement of funds to/from clients.
  • Responsibility for claim settlements paid to brokers and the reconciliation of syndicate funds.
  • Responsibility for the accurate modification of reference data within the accounting system Enterprise Accounts (EA).
  • Assist the team and IBA Manager to ensure month end processes are run as planned, reviewing data accuracy and report generation.
  • Liaise with the associated affiliated office to ensure their records are updated to reflect any amendments as required.
  • Ensure the accurate modification of processed data by the technical team is completed as required.

Requirements

  • Clear and concise communication is vital.
  • Good knowledge of Insurance in the Lloyds Market would be beneficial.
  • IBA reconciliation experience essential.
  • Understanding of Slips, associated endorsements and closings (beneficial).
  • Understanding of premium calculation from broker documentation (beneficial).
  • Knowledge of Enterprise Accounts (Brokasure would be beneficial).
  • Computer literate: MS Office, Excel.

About AIG

AIG is a global leader in commercial and personal insurance solutions. We are committed to creating a culture that truly respects and celebrates each other's talents, backgrounds, cultures, opinions, and goals. We foster a culture of inclusion and belonging through our flexible work arrangements, diversity and inclusion learning, cultural awareness activities, and Employee Resource Groups (ERGs).

AIG provides equal opportunity to all qualified individuals regardless of race, color, religion, age, gender, gender expression, national origin, veteran status, disability, or any other legally protected categories.