Iba Account Handler

2 weeks ago


London, United Kingdom Howden Group Holdings Full time

From day one, our mission has been to create an independent business with a unique culture - one that is controlled by the people who work for it. Finding the most talented and entrepreneurial people has always been key to our success.

People come to Howden for lots of different reasons, but they stay for the same one: our culture. That’s what sets us apart, and why we nurture and retain the best talent in the market. Whatever your priorities - work/life balance, career progression, sustainability, volunteering - you’ll find like-minded people driving change at Howden.

The Role

IBA Account Handler will be focuses on the IBA accounts. The role will provide an accounting administration service for specified Business Units within Howden Insurance Group. They will achieve targets, develop the business and deliver an excellent and comprehensive service, ensuring that e that responsibilities are completed in accordance with the relevant Company and/or Group policies. This role will focus on the reinsurance side and the experience will be required in this field.
- Key Responsibilities-
- Provides relevant management information to senior management, when requested
- Contributes to project work and when required
- Ensures cash matching tasks are completed in a timely manner
- Reviews and processes IBA payment requests
- Processing of relevant entries onto Group company IBA systems
- Reconciles accounts with markets and clients
- Performing credit control duties including rendering statements to clients
- Resolves accounts queries promptly and efficiently
- Keeps informed of all regulatory and legal changes which impacts on the job role
- Ensures up to date records are maintained at all times on the Company systems
- Responds appropriately to urgent issues as they arise
- Develops strong relationships with the Business Units, Suppliers and Markets
- Responds to the clients(both internal and external) requirements as appropriateSkills and Attributes-
- Previous experience of working as an IBA Technician
- Reinsurance and Treaty experience
- Solid understanding of processes and procedures within the insurance market
- Able to manipulate and understand financial data
- Attention to detail with ability to produce accurate documentation and to file documents appropriately
- Ability to work effectively within a team
- Prioritisation and organisational skills
- Self-motivated
- Competent IT skills, including but not limited to Microsoft Word, Excel and PowerPoint
- Ability to communicate effectively, both verbally and in writing, with internal and external stakeholders
- Able to undertake and demonstrate competence in technical training, as required by the industry regulator**Qualifications**:- GCSE’s (or equivalent) including English essential
- May have relevant accounting qualification e.g. AAT (Association of Accounting Technicians)Our Culture: People First

We’ve travelled far since opening our first office in 1994. Back then we were local experts - based in London, with direct access to the world’s biggest insurance market. We’re still locals, and we still deliver the right advice and the right insurance to our clients. But now, we’re local all over the world. With 15,000 global colleagues and a partner network spanning more than 100 territories, we are the largest independent insurance broker in the world. But our values haven’t changed since day one, when we set out to create a company grounded in:

- An employee-ownership model
- Aligned external investors
- The trust and integrity born of friendship
- Expertise
- Independence

Our focus on being a people-first business has always been at the very heart of Howden. Our vision was to create an independent business with a unique culture; one that would survive and thrive as a business controlled by the people working for it. Our employee ownership model sets us apart in the market. It’s created a culture of collaboration and innovation, where we’re driven to think bigger and empowered to challenge convention.

Our flat structure and entrepreneurial spirit help us attract the best people and empower them to be the best version of themselves. And when we bring in and nurture great talent, more follows. That makes us better - and that’s better for everyone.

Diversity & Inclusion

Fixed Term Contract (Fixed Term)


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