Head of Iba
1 week ago
An established Lloyd's Wholesale & Retail Broker are looking to appoint a Head of IBA to undertake oversight of IBA, Client Money and supervising a team of Technicians at varying levels of experience.
Duties and Responsibilities:
- End to End IBA process oversight.
- Credit Control of IBA balances.
- Manage the collection and payment of Insurer balances.
- Client Money Calculations and Reporting to ensure full adherence with CASS5 regulations.
- MI Reporting on aged-debt balances, unallocated cash and time to issue debit notes.
- Act as a main point of contact on any system improvement/transformation and/or implementation projects.
- M&A - Migration of new entities.
- Possess a minimum of ten years' experience in the Lloyd's and/or London Market.
- Has a background within an Insurance Broker or MGA.
- Has a proven track record in liasing and building relationships with stakeholders, both internally and externally.
- Has experience of supervising/managing a team.
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