Iba Accounts Handler

2 weeks ago


SouthendonSea, United Kingdom ENS Recruitment Full time

An established Lloyd's broker are recruiting for a IBA Accounts Handler to join their successful team based at their Southend on Sea office. Experience within IBA Accounting functions within insurance is required for this role.

You will need to be able to cope with a busy work environment dealing with varied tasks throughout the day. Reporting directly to the Accounts Manager & Accounts Supervisor you will be responsible for the following duties:

- Cash Matching & Allocation
- Preparing statements for Underwriters, Clients & Third Party accounts
- Chasing outstanding premium & requesting breakdowns for un-reconciled receipts and allocating to entries once received
- Completion of IBA Payment run on a weekly basis
- Assisting the busy IBA Accounts department on a daily basis
- Filing of all relevant documentation such as bank statements, remittance advices & correspondence
- Assisting with all IBA credit control runs
- Completing bank runs to bank cheques
- Reviewing and Amending IBA bank payee templates as requested
- Maintaining the correct exchange rates on Brokasure on a weekly basis
- Sending weekly remittance advices for the IBA Payment run
- Communicating when needed with clients and underwriters in a professional manner
- Assisting other team members during busy periods
- Assisting the Compliance Officer with enquiries relating to your role
- Full knowledge of A&S monitoring
- General office duties such as answering the telephone, scanning & filing

**Person Specification**

This is a pivotal position within the company and therefore demands a responsible attitude.

Other desirable skills are:

- Some AAT qualifications highly preferable
- Ability to manage time, prioritise and ensure that deadlines are met without compromising quality.
- Ability to understand and execute oral and written instructions.
- Ability to communicate effectively and professionally both verbally and in writing with clients, insurers and other associates.

Our client is committed to continuous professional education and will offer study support when required.



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