Iba Account Handler

On behalf of our client in London, Oliver James are currently recruiting for a IBA Account Handler. This role will focus on IBA accounts by providing accounting administration service for business units within our client.

This opportunity is on a permanent basis and offers hybrid working.

You will be responsible for but not restricted to the below 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 appropriate

We are looking for a candidate to:

• Have previous experience of working as an IBA Technician
• Have reinsurance broker experience
• Have Solid understanding of processes and procedures within the insurance market
• Able to manipulate and understand financial data
• Have attention to detail with ability to produce accurate documentation and to file documents appropriately
• Ability to work effectively within a team
• Have prioritisation and organisational skills
• Be competent with 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

Please note: the client has multiple office locations which can be worked out of.

If this sounds like a role for you, then please apply and suitable applicants will be contacted by a consultant.