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Principal IBA Accounting Professional

2 months ago


City of London, United Kingdom Insight Recruitment Solutions Full time
Senior Insurance Broker Accountant

Insight Recruitment Solutions is seeking a Senior Insurance Broker Accountant to become a vital part of our team. This role involves supporting the IBA Manager in overseeing two Lloyd's brokers. The successful candidate will possess extensive experience as an IBA Accountant in a Lloyd's broking context.

Key Responsibilities:

  • Deep understanding of insurance markets, including Lloyd's, LIRMA, and ILU
  • Supervising the activities of team members
  • Contributing to IBA initiatives, particularly concerning legacy balances
  • Managing intricate client ledgers
  • Ensuring prompt collection of funds and payments to underwriters
  • Assisting with the rollout of new insurance systems
  • Reconciling and addressing unallocated cash and claims discrepancies
  • Guaranteeing timely dispatch of monthly broker statements
  • Calculating client funds and performing bank reconciliations

Familiarity with the GPM insurance system is advantageous. We promote a hybrid working model and are dedicated to fostering diversity in all its forms.