Insurance Business Manager
7 days ago
Insurance Business Manager
">Job Description:HFG, a rapidly growing insurance broker, is seeking a high-calibre IBA Manager to join their fast-paced team. As an IBA Manager, you will be responsible for overseeing all aspects of Insurance Business Arrangements (IBA). This includes ensuring premiums are collected on time from clients, reconciling funds with accounting entries, and making prompt payments to markets.
The ideal candidate will have extensive experience in IBA and proven leadership skills, having managed a Credit Control/IBA team before. Strong communication and interpersonal skills are essential for success in this role.
Key Responsibilities:
- Collect premiums on time from clients
- Reconcile funds with accounting entries
- Making prompt payments to markets
- Work with the Claims Team to ensure claims monies are collected when due and paid on to clients promptly
- Ensure IBA processes are followed and controls operate effectively
- Prepare accurate client, underwriter, and third-party statements monthly
- Conduct monthly credit control meetings with the business and prepare quarterly IBA reports
- Manage a team of 6 IBA professionals
- Set objectives and monitor team performance
- Assist in implementing team and company initiatives and strategies
About HFG:
HFG is a leading insurance broker with a strong reputation for excellence. Our team is dedicated to providing exceptional service to our clients, and we are committed to delivering innovative solutions that meet their needs.
What We Offer:
We offer a competitive salary, between £60,000 and £80,000 per annum, depending on experience. In addition, we provide excellent benefits, including a generous pension scheme, health insurance, and opportunities for professional development.
Apply now to take your career to the next level with HFG
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