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.
- 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
Skills 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)
- An employee-ownership model
- Aligned external investors
- The trust and integrity born of friendship
- Expertise
- Independence
At Howden we consider our people our chief competitive advantage and as such we treat colleagues, candidates, clients, and business partners with equality, fairness and respect, regardless of their age, disability, race, religion or belief, gender, sexual orientation, marital status or family circumstances.