IBA Account Manager
1 week ago
Job Summary: We are seeking an experienced IBA Account Manager to join our team at The Recruiter Specialists Group Ltd. The successful candidate will be responsible for maintaining and handling IBA ledgers, ensuring timely collection and settlement of funds, and providing support to overseas offices.
Key Responsibilities:
- Maintenance and day-to-day handling of IBA ledgers, including client and underwriting ledgers.
- Timely collection and settlement of funds to and from customers and overseas offices.
- Assistance with the collection and settlement of funds to and from syndicate.
- Responsibility for claim settlements paid to brokers and reconciliation of syndicate funds.
- Accurate modification of reference data within the accounting system Enterprise Accounts (EA).
- Month-end processes, reviewing data accuracy and report generation.
- Liaising with affiliated offices to ensure records are updated.
- Accurate modification of processed data by the technical team.
Requirements:
- Good knowledge of Insurance in the Lloyds Market.
- IBA reconciliation experience essential.
- Understanding of Slips, associated Endorsements and Closings.
- Understanding of premium calculation from broker documentation.
What We Offer:
Hybrid working, excellent salary and benefits package.
Please submit your CV for consideration if you feel that you have the relevant experience and skills.
Or contact The Recruiter Specialists Group who are acting as a Recruitment Agency for this Client and Position.
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