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Insurance Accounting Specialist

1 month ago

London, Greater London, United Kingdom MW Appointments Full time

Role Overview

MW Appointments is seeking a skilled Insurance Accounting Specialist to join our finance team. As an Insurance Accounting Specialist, you will play a vital role in supporting the finance team across all IBA, Credit Control, and Operation functions.

Main Responsibilities

  • Posting cash received and paid on the IBA system daily
  • Matching cash received/paid in against insurance transactions daily
  • Weekly bank reconciliations
  • Entering insurance payments in bank daily
  • Entering insurance payments in FX trading platform daily
  • Liaison with external brokers; dealing with queries in the Credit Control email inbox daily
  • Investigating unallocated cash and matching transactions
  • Loading CSV interface files from underwriting systems to IBA system
  • Matching cash in both IBA system and underlying insurance underwriting systems
  • Support the Accounts Manager

Requirements

  • Previous experience working within Credit Control/ IBA
  • London Insurance Market knowledge, preferred
  • Experience of using UK bank portals
  • Familiar with IBA (Insurance Broking accounts) systems
  • Good organisation skills
  • Able to work independently and use initiative

About the Role

This is a permanent position based in the City of London, with a hybrid working arrangement of 3 days in the office and 2 days working from home. The salary for this role is between £35,000 - £40,000.

What We Offer

MW Appointments is a global leader in the insurance sector, offering a great opportunity to join a company that supports employee well-being, technical training, and personal development.