At a Glance
- Tasks: Manage IBA ledgers, ensuring timely collection and settlement of funds.
- Company: Dynamic company with a global presence in the insurance market.
- Benefits: Hybrid working, excellent salary, and comprehensive benefits package.
- Other info: Clear communication skills are essential for success in this role.
- Why this job: Join a pivotal role in a thriving industry and make a real impact.
- Qualifications: Experience in IBA reconciliation and knowledge of Lloyds Market insurance.
The predicted salary is between 31500 - 38500 £ per year.
This is an opportunity to be an integral part of this pivotal position within the business with offices in the UK and globally.
- Maintenance and day-to-day handling of the IBA ledgers, both Client & Underwriting.
- Ensure timely collection/settlement to and from customers and supporting markets of the Overseas offices.
- Assist Overseas offices in the collection and settlement of funds to/from clients.
- Ensure settlement and collection of funds from/to syndicate.
- Responsibility for claim settlements paid to brokers and the reconciliation of syndicate funds.
- Responsibility for the accurate modification of reference data within the accounting system Enterprise Accounts (EA).
- Ensure month-end processes are run as planned, reviewing data accuracy and report generation.
- Liaise with the associated affiliated office to ensure their records are updated to reflect any amendments as required.
- Ensure the accurate modification of processed data by the technical team is completed as required.
- Clear and concise communication is vital.
- Good knowledge of Insurance in the Lloyds Market.
- IBA reconciliation experience essential.
- Understanding of Slips, associated Endorsements and Closings.
- Understanding of premium calculation from broker documentation.
Offering hybrid working, excellent salary and benefits package.
Please submit your CV for consideration if you feel that you have the relevant experience and skills.
Or contact The Recruiter Specialists Group who are acting as a Recruitment Agency for this Client and Position.
IBA Account Manager in Chelmsford employer: The Recruiter Specialists
As an Insurance Account Advisor in Billericay, Essex, you will join a dynamic team that values employee growth and development, offering a supportive work culture where your contributions are recognised. With opportunities for networking and professional advancement, this role provides a meaningful career path in the insurance industry, all while enjoying the benefits of working in a vibrant community.
StudySmarter Expert Advice🤫
We think this is how you could land IBA Account Manager in Chelmsford
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We think you need these skills to ace IBA Account Manager in Chelmsford
Some tips for your application 🫡
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How to prepare for a job interview at The Recruiter Specialists
✨Brush Up on Financial Analysis Skills
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